Key Points
- Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals (NYSE:APD) on Feb. 12 at an average price of $284.21, a $19.94 million disposition that reduced their stake by 42.87% to 93,499 shares (≈$26.57M).
- Company update: Air Products beat quarterly EPS estimates ($3.16 vs. $3.04), raised its quarterly dividend to $1.81 (annualized $7.24, ~2.6% yield), and issued Q2 2026 EPS guidance of 2.95–3.10 and FY2026 guidance of 12.85–13.15.
Air Products and Chemicals, Inc. (NYSE:APD - Get Free Report) Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction dated 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 completion of the transaction, the director directly 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 document filed with the Securities & Exchange Commission, which is available at this link.
Air Products and Chemicals Price Performance
NYSE:APD opened at $279.95 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $62.33 billion, a price-to-earnings ratio of -185.40, a P/E/G ratio of 2.86 and a beta of 0.87. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $321.47. The stock's 50 day moving average price is $259.41 and its two-hundred day moving average price is $267.85.
Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings results 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 the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm 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 anticipate 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 declared 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 is a boost from Air Products and Chemicals's previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals's dividend payout ratio is presently -474.17%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings 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 worth $5,509,702,000 after purchasing an additional 303,944 shares during the period. Capital International Investors increased its position in Air Products and Chemicals by 44.2% in the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company's stock worth $3,160,023,000 after buying an additional 3,922,567 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Air Products and Chemicals by 1.2% in the fourth 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 buying an additional 137,595 shares during the period. State Street Corp lifted its position in shares of Air Products and Chemicals by 3.7% during 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 buying an additional 352,012 shares during the last quarter. Finally, Dodge & Cox grew its stake in shares of Air Products and Chemicals by 2.6% during the 4th quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company's stock worth $2,281,627,000 after acquiring an additional 231,718 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on APD. Citigroup raised their price target on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the stock a "neutral" rating in a research report on Monday, February 2nd. Mizuho dropped their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an "outperform" rating for the company in a research report on Thursday, December 18th. Weiss Ratings raised Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, January 30th. 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 report on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a report on Wednesday, December 10th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $295.88.
View Our Latest Research Report on APD
About Air Products and Chemicals
(
Get Free Report)
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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