Third View Private Wealth LLC Buys New Position in Air Products and Chemicals, Inc. $APD

Key Points

• Third View Private Wealth LLC bought a new stake of 21,125 shares of Air Products (NYSE:APD), valued at about $5.218 million, representing 0.7% of its portfolio and its 29th largest holding.
• Air Products beat Q4 estimates with $3.16 EPS and $3.10B revenue (revenue +5.8% YoY), set FY2026 guidance of $12.85–13.15 EPS, and raised its quarterly dividend to $1.81 ($7.24 annual, ~2.4% yield).
• Institutional ownership is high at 81.66% with major funds increasing positions, and analysts have an average rating of "Moderate Buy" with a mean target price of $303.94.

Third View Private Wealth LLC bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 21,125 shares of the basic materials company's stock, valued at approximately $5,218,000. Air Products and Chemicals accounts for 0.7% of Third View Private Wealth LLC's portfolio, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Air Products and Chemicals by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company's stock valued at $6,000,040,000 after acquiring an additional 260,904 shares during the period. Capital Research Global Investors boosted its holdings in Air Products and Chemicals by 2.4% during 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 during the period. State Street Corp boosted its holdings in Air Products and Chemicals by 1.1% during 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 during the period. Dodge & Cox boosted its holdings in Air Products and Chemicals by 2.1% during 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 during the period. Finally, Capital International Investors boosted its holdings in Air Products and Chemicals by 7.4% during 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 during the period. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Performance

Shares of APD opened at $298.58 on Tuesday. The stock has a 50-day simple moving average of $284.92 and a 200-day simple moving average of $266.18. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. The stock has a market capitalization of $66.48 billion, a PE ratio of -197.73, a PEG ratio of 2.93 and a beta of 0.80. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $301.25.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $3.10 billion during the quarter, compared to analysts' expectations of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The business's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.86 EPS. 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, analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

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

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director owned 93,499 shares of the company's stock, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.88% of the company's stock.

Analysts Set New Price Targets

APD has been the subject of a number of research analyst reports. Weiss Ratings upgraded Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, March 9th. Bank of America upgraded 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. Jefferies Financial Group lifted their price objective on Air Products and Chemicals from $300.00 to $313.00 and gave the company a "buy" rating in a research note on Monday, February 2nd. UBS Group lifted their price objective on Air Products and Chemicals from $285.00 to $307.00 and gave the company a "neutral" rating in a research note on Thursday, April 9th. Finally, Sanford C. Bernstein reiterated 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. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $303.94.

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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