Rep. Josh Gottheimer Purchases Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Key Points

• Rep. Josh Gottheimer disclosed on April 8 that he purchased between $1,001 and $15,000 of Air Products & Chemicals (NYSE:APD) stock on March 5 through his Morgan Stanley Select UMA account.
• Air Products raised its quarterly dividend to $1.81 (annualized $7.24) for a yield of 2.4%, with an ex-dividend date of April 1 and payment scheduled for May 11.
• Company fundamentals and outlook: APD (market cap $66.34B) reported EPS of $3.16 for the quarter (beating estimates), set Q2 2026 guidance of $2.95–3.10 EPS and FY2026 guidance of $12.85–13.15 EPS, and carries a consensus analyst price target near $302.18 ("Moderate Buy").

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Air Products and Chemicals, Inc. NYSE: APD. In a filing disclosed on April 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Air Products and Chemicals stock on March 5th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ENN Energy OTCMKTS: XNGSY on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 3/24/2026.
• Purchased $1,001 - $15,000 in shares of Fabrinet NYSE: FN on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Alcon NYSE: ALC on 3/12/2026.
• Sold $1,001 - $15,000 in shares of La-Z-Boy NYSE: LZB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of HDFC Bank NYSE: HDB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Infineon Technologies OTCMKTS: IFNNY on 3/12/2026.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/6/2026.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $297.95 on Friday. The stock has a market capitalization of $66.34 billion, a P/E ratio of -197.32, a P/E/G ratio of 2.91 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. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. The business has a 50-day moving average price of $283.84 and a two-hundred day moving average price of $265.99.

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 for the quarter, topping the consensus estimate of $3.04 by $0.12. The firm 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 company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous 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. Equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $7.24 annualized dividend and a yield of 2.4%. This is an increase from Air Products and Chemicals's previous quarterly dividend of $1.79. Air Products and Chemicals's dividend payout ratio (DPR) is presently -479.47%.

Institutional Trading of Air Products and Chemicals

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of 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 during the last quarter. Capital International Investors grew its position in shares of Air Products and Chemicals by 44.2% in the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company's stock valued at $3,160,023,000 after purchasing an additional 3,922,567 shares during the period. Capital Research Global Investors grew its position in shares of Air Products and Chemicals by 1.2% in the 4th quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company's stock valued at $2,940,665,000 after purchasing an additional 137,595 shares during the period. State Street Corp grew its position in shares of Air Products and Chemicals by 3.7% in the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company's stock valued at $2,448,340,000 after purchasing an additional 352,012 shares during the period. Finally, Dodge & Cox grew its position in shares of Air Products and Chemicals by 2.6% in the 4th quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company's stock valued at $2,281,627,000 after purchasing an additional 231,718 shares during the period. 81.66% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The stock was 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 directly owned 93,499 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.88% of the company's stock.

Analysts Set New Price Targets

Several analysts have weighed in on APD shares. Citigroup boosted their price objective on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Mizuho dropped their price objective on Air Products and Chemicals from $300.00 to $290.00 and set an "outperform" rating for the company in a report on Thursday, December 18th. BMO Capital Markets reaffirmed a "market perform" rating and issued a $282.00 price target on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Weiss Ratings raised Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, March 9th. Finally, Bank of America raised Air Products and Chemicals from an "underperform" rating to a "neutral" rating and set a $275.00 price target for the company in a research note on Thursday, January 8th. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $302.18.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Air Products and Chemicals

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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