Pittenger & Anderson Inc. Has $3.15 Million Stock Position in Air Products and Chemicals, Inc. $APD

Key Points

• Pittenger & Anderson Inc. increased its stake in Air Products and Chemicals (NYSE:APD) by 14,744.2% in Q4 to 12,766 shares, valued at about $3.15 million.
• Air Products beat Q2 estimates with adjusted EPS of $3.20 (vs. $3.06 consensus) and revenue of $3.17B (+8.8% y/y), and raised FY2026 guidance to $13.00–$13.25 EPS.
• Several analysts lifted price targets (e.g., JPMorgan $330, Wells Fargo $340, BMO $360), leaving a MarketBeat consensus rating of “Moderate Buy” and a $318.24 target.

Pittenger & Anderson Inc. increased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 14,744.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,766 shares of the basic materials company's stock after purchasing an additional 12,680 shares during the quarter. Pittenger & Anderson Inc.'s holdings in Air Products and Chemicals were worth $3,153,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in Air Products and Chemicals by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company's stock valued at $5,509,702,000 after acquiring an additional 303,944 shares in the last quarter. Capital Research Global Investors increased its position in Air Products and Chemicals by 2.4% in the 3rd quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company's stock valued at $3,209,068,000 after acquiring an additional 272,197 shares in the last quarter. State Street Corp increased its position in Air Products and Chemicals by 1.1% in the 3rd quarter. State Street Corp now owns 9,559,492 shares of the basic materials company's stock valued at $2,607,065,000 after acquiring an additional 106,578 shares in the last quarter. Dodge & Cox increased its position in Air Products and Chemicals by 2.1% in the 3rd quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company's stock valued at $2,455,814,000 after acquiring an additional 183,492 shares in the last quarter. Finally, Capital International Investors increased its position in Air Products and Chemicals by 7.4% in the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company's stock valued at $2,419,029,000 after acquiring an additional 609,489 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company's stock.

Air Products and Chemicals Stock Up 0.4%

Air Products and Chemicals stock opened at $301.11 on Friday. The company's 50 day simple moving average is $288.71 and its 200 day simple moving average is $269.02. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $307.29. The firm has a market capitalization of $67.05 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 2.83 and a beta of 0.77. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.23.

Air Products and Chemicals (NYSE:APD - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter last year, the firm earned $2.69 EPS. Air Products and Chemicals's quarterly revenue was up 8.8% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.11 EPS for the current 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 yield of 2.4%. Air Products and Chemicals's dividend payout ratio (DPR) is presently -479.47%.

Insiders Place Their Bets

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

Key Air Products and Chemicals News

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Q2 beat and guidance raise — Air Products reported adjusted Q2 EPS of $3.20 vs. consensus ~$3.06 and raised FY2026 adjusted EPS guidance to $13.00–13.25 (above prior outlook). Management cited stronger pricing, helium strength and new assets coming online. Q2 Results Release
• Positive Sentiment: Analyst upgrades and higher price targets — JPMorgan raised its target to $330 (overweight) and Wells Fargo to $340 (overweight), providing additional buy-side momentum. These lifts signal growing street confidence and imply double-digit upside vs. current levels. Benzinga
• Positive Sentiment: Capital discipline / capex reduction target — Management and press coverage note efforts to target ~$1B of capex reductions, which supports near‑term cash flow and EPS durability. MSN
• Positive Sentiment: New commercial wins and helium positioning — Company disclosed strategic wins (Samsung semiconductor supply, NASA/Artemis support) and steps to strengthen helium supply (increased U.S. production, storage/liquefaction) — supportive for longer‑term growth and pricing. Q2 Results Release
• Neutral Sentiment: Investor resources and transcripts — Multiple analyst notes, earnings call transcript and slide deck are available for deeper review; these are informational but don’t change the near‑term narrative. Earnings Transcript
• Neutral Sentiment: AISTech trade show presence — Air Products will showcase low‑carbon iron & steel solutions at AISTech2026 and donate to the AIST Foundation; positive from an ESG/business development angle but more long-term. AISTech2026
• Negative Sentiment: Profitability nuance — Some published summaries note a negative net margin metric (reflecting non‑GAAP adjustments or one‑time items), which is a reminder to vet GAAP vs. adjusted figures and any transient charges when modeling earnings. MarketBeat Earnings Summary

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on APD shares. Jefferies Financial Group raised their price objective on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the company a "buy" rating in a research report on Monday, February 2nd. BMO Capital Markets raised shares of Air Products and Chemicals from a "market perform" rating to an "outperform" rating and set a $360.00 target price on the stock in a research note on Friday. Royal Bank Of Canada raised their target price on shares of Air Products and Chemicals from $325.00 to $338.00 and gave the company an "outperform" rating in a research note on Friday, April 24th. UBS Group raised their target price on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Wells Fargo & Company raised their target price on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the company an "overweight" rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $318.24.

Air Products and Chemicals 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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