Mycio Wealth Partners LLC Decreases Stock Holdings in Air Products and Chemicals, Inc. $APD

Key Points

• Mycio Wealth Partners LLC cut its stake in Air Products and Chemicals by 45.4% in the fourth quarter, selling 6,548 shares and leaving it with 7,876 shares worth about $1.95 million.
• Air Products and Chemicals reported better-than-expected quarterly results, with EPS of $3.20 versus the $3.06 estimate and revenue of $3.17 billion versus $3.07 billion expected. The company also raised/outlined guidance for FY 2026 and Q3 2026.
• The company declared a quarterly dividend of $1.81 per share, payable August 10, implying an annualized dividend of $7.24 and a 2.6% yield. Analysts currently rate the stock a Moderate Buy with a consensus price target of $323.12.

Mycio Wealth Partners LLC lowered its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 45.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,876 shares of the basic materials company's stock after selling 6,548 shares during the period. Air Products and Chemicals comprises 0.4% of Mycio Wealth Partners LLC's portfolio, making the stock its 19th largest holding. Mycio Wealth Partners LLC's holdings in Air Products and Chemicals were worth $1,946,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in APD. Holos Integrated Wealth LLC purchased a new stake in Air Products and Chemicals during the fourth quarter worth about $25,000. Richardson Financial Services Inc. boosted its holdings in Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company's stock worth $25,000 after buying an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Air Products and Chemicals during the fourth quarter worth about $25,000. Caitlin John LLC purchased a new position in Air Products and Chemicals during the 3rd quarter valued at about $30,000. Finally, Financial Life Planners purchased a new position in Air Products and Chemicals during the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Stock Down 0.7%

Shares of NYSE APD opened at $283.80 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a market capitalization of $63.20 billion, a PE ratio of 30.03, a price-to-earnings-growth ratio of 2.51 and a beta of 0.77. The firm's 50-day moving average is $294.28 and its two-hundred day moving average is $274.64. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $307.96.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company's quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.69 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.2 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. Air Products and Chemicals's dividend payout ratio is presently 76.61%.

Analyst Upgrades and Downgrades

APD has been the topic of several recent research reports. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, February 2nd. Bank of America upped their price target on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a "neutral" rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, May 4th. Berenberg Bank set a $350.00 price target on shares of Air Products and Chemicals and gave the company a "buy" rating in a report on Monday, April 20th. Finally, UBS Group upped their price target on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the company a "neutral" rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Air Products and Chemicals has an average rating of "Moderate Buy" and a consensus price target of $323.12.

Insider Activity

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the company's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the transaction, the chief financial officer owned 14,212 shares of the company's stock, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.88% of the company's stock.

Air Products and Chemicals Company Profile

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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