Phoenix Wealth Advisors Lowers Holdings in Air Products and Chemicals, Inc. $APD

Key Points

• Phoenix Wealth Advisors cut its stake in Air Products and Chemicals by 86.5% in Q4, selling 7,508 shares and leaving 1,174 shares valued at about $290,000.
• 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% but still holding 93,499 shares (~$26.57 million).
• Analysts carry a consensus "Moderate Buy" with an average price target of $300.88; the company beat quarterly EPS estimates, set FY2026 guidance of 12.85–13.15 EPS, and raised its quarterly dividend to $1.81 ($7.24 annual, ~2.4% yield).

Phoenix Wealth Advisors decreased its holdings in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 86.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,174 shares of the basic materials company's stock after selling 7,508 shares during the quarter. Phoenix Wealth Advisors' holdings in Air Products and Chemicals were worth $290,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Platform Technology Partners lifted its stake in Air Products and Chemicals by 683.0% in the third quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company's stock worth $1,954,000 after acquiring an additional 6,249 shares during the last quarter. Rockland Trust Co. lifted its stake in Air Products and Chemicals by 5.5% in the third quarter. Rockland Trust Co. now owns 52,590 shares of the basic materials company's stock worth $14,342,000 after acquiring an additional 2,741 shares during the last quarter. Barclays PLC lifted its stake in Air Products and Chemicals by 16.4% in the third quarter. Barclays PLC now owns 789,659 shares of the basic materials company's stock worth $215,356,000 after acquiring an additional 111,317 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Air Products and Chemicals by 0.9% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company's stock worth $627,065,000 after acquiring an additional 21,479 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Air Products and Chemicals by 3.5% in the third quarter. Russell Investments Group Ltd. now owns 137,875 shares of the basic materials company's stock worth $37,426,000 after acquiring an additional 4,699 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company's stock.

Insiders Place Their Bets

In related news, Director Ridge Lp Mantle sold 70,175 shares of the business's stock in a transaction dated 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 owned 93,499 shares of the company's stock, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.88% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on APD. Weiss Ratings upgraded shares of Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, March 9th. Wells Fargo & Company raised shares of Air Products and Chemicals from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $270.00 to $325.00 in a report on Friday, March 13th. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on shares of Air Products and Chemicals in a report on Wednesday, December 10th. JPMorgan Chase & Co. raised shares of Air Products and Chemicals from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $280.00 to $310.00 in a report on Friday, March 20th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, February 2nd. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $300.88.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $296.18 on Thursday. The firm's fifty day moving average price is $283.01 and its 200 day moving average price is $265.77. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $301.11. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The firm has a market cap of $65.95 billion, a price-to-earnings 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 released its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping 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 business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the firm earned $2.86 EPS. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. 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. On average, sell-side analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from Air Products and Chemicals's previous quarterly dividend of $1.79. Air Products and Chemicals's dividend payout ratio is presently -479.47%.

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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