Reynders McVeigh Capital Management LLC Has $4.32 Million Stock Position in Air Products and Chemicals, Inc. $APD

Key Points

• Reynders McVeigh Capital Management increased its Air Products and Chemicals stake by 552.8% in the second quarter, bringing its holdings to 15,668 shares valued at approximately $4.32 million. Institutional investors and hedge funds collectively own 81.66% of APD.
• Air Products reported quarterly EPS of $3.47, ahead of the $3.34 consensus, while revenue rose 4.6% year over year to $3.16 billion but fell short of estimates. The company guided for fiscal 2026 EPS of $13.39–$13.49.
• The company declared a quarterly dividend of $1.81 per share, equal to an annualized $7.24 and a 2.5% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $336.53, above the reported share price of $290.43.

Reynders McVeigh Capital Management LLC boosted its holdings in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 552.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,668 shares of the basic materials company's stock after buying an additional 13,268 shares during the period. Reynders McVeigh Capital Management LLC's holdings in Air Products and Chemicals were worth $4,315,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of APD. U S Wealth Group LLC. boosted its position in shares of Air Products and Chemicals by 19.1% in the second quarter. U S Wealth Group LLC. now owns 10,057 shares of the basic materials company's stock valued at $2,949,000 after acquiring an additional 1,613 shares during the period. Cidel Asset Management Inc. increased its position in Air Products and Chemicals by 5.7% during the second quarter. Cidel Asset Management Inc. now owns 1,471 shares of the basic materials company's stock worth $431,000 after acquiring an additional 79 shares during the period. Capital Analysts LLC raised its stake in Air Products and Chemicals by 3.1% during the 2nd quarter. Capital Analysts LLC now owns 51,717 shares of the basic materials company's stock valued at $15,162,000 after purchasing an additional 1,532 shares during the last quarter. NorthRock Partners LLC raised its stake in Air Products and Chemicals by 2.1% during the 2nd quarter. NorthRock Partners LLC now owns 3,384 shares of the basic materials company's stock valued at $992,000 after purchasing an additional 68 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in Air Products and Chemicals by 6.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,916 shares of the basic materials company's stock valued at $1,734,000 after purchasing an additional 379 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance

Shares of APD stock traded up $3.30 during mid-day trading on Tuesday, reaching $290.43. The company's stock had a trading volume of 994,584 shares, compared to its average volume of 1,286,944. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The company has a market cap of $64.68 billion, a P/E ratio of -1,320.13, a PEG ratio of 2.94 and a beta of 0.75. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The firm's 50-day moving average is $300.10 and its two-hundred day moving average is $292.94.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm's revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, research analysts predict that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals's payout ratio is presently -3,290.91%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on APD. Royal Bank Of Canada boosted their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Evercore reiterated an "outperform" rating and issued a $342.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 10th. Citigroup lifted their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a report on Monday, August 3rd. Finally, KeyCorp initiated coverage on Air Products and Chemicals in a research report on Thursday. They issued a "sector weight" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $336.53.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.

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