Modera Wealth Management LLC Has $2.30 Million Position in Air Products and Chemicals, Inc. $APD

Key Points

• Modera Wealth Management increased its stake in Air Products and Chemicals (APD) by 64.4% in Q4 to 9,306 shares worth $2.299 million, and institutional investors now own about 81.66% of the stock.
• Director Ridge Lp Mantle sold 70,175 shares on Feb. 12 at an average price of $284.21 for roughly $19.94 million, reducing their position by 42.87%.
• Air Products beat Q4 estimates with EPS of $3.16 (vs. $3.04) and $3.10B revenue, raised its quarterly dividend to $1.81 (annualized $7.24, yield ~2.4%), and set FY2026 EPS guidance of $12.85–13.15.

Modera Wealth Management LLC grew its position in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 64.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,306 shares of the basic materials company's stock after buying an additional 3,646 shares during the quarter. Modera Wealth Management LLC's holdings in Air Products and Chemicals were worth $2,299,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in APD. Holos Integrated Wealth LLC bought a new position in Air Products and Chemicals in the 4th quarter valued at approximately $25,000. Abound Wealth Management lifted its stake in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 76 shares during the last quarter. Financial Life Planners bought a new position in Air Products and Chemicals in the 3rd quarter valued at approximately $30,000. Caitlin John LLC bought a new position in Air Products and Chemicals in the 3rd quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC bought a new position in Air Products and Chemicals in the 3rd quarter valued at approximately $34,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the company's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.88% of the company's stock.

Air Products and Chemicals Trading Up 1.3%

Shares of NYSE APD opened at $296.18 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $301.11. The firm has a 50 day moving average price of $283.01 and a two-hundred day moving average price of $265.77. The stock has a market cap of $65.95 billion, a P/E ratio of -196.14, a price-to-earnings-growth ratio of 2.88 and a beta of 0.80.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The firm had revenue of $3.10 billion during the quarter, compared to analysts' expectations of $3.05 billion. During the same period in the prior year, the company posted $2.86 EPS. The company's revenue was up 5.8% on a year-over-year basis. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be given a $1.81 dividend. This is an increase from Air Products and Chemicals's previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a yield of 2.4%. Air Products and Chemicals's dividend payout ratio is currently -479.47%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. BMO Capital Markets reissued a "market perform" rating and issued a $282.00 price objective on shares of Air Products and Chemicals in a research note on Monday, February 2nd. UBS Group increased their price objective on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the company a "neutral" rating in a research note on Monday, February 2nd. Sanford C. Bernstein reissued an "outperform" rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Bank of America raised shares of Air Products and Chemicals from an "underperform" rating to a "neutral" rating and set a $275.00 price objective for the company in a research note on Thursday, January 8th. Finally, Wells Fargo & Company raised shares of Air Products and Chemicals from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $270.00 to $325.00 in a research note on Friday, March 13th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $300.88.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company's product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.

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