Key Points
- CFO Melissa Schaeffer sold 2,714 shares on May 1 at an average price of $303.76 for a total of $824,404.64, trimming her stake by 16.03% to 14,212 shares valued at about $4.32 million.
- Air Products beat Q1 expectations with $3.20 EPS (vs. $3.06 est.) and $3.17 billion revenue, and set FY2026 guidance of $13.00–$13.25 EPS (market consensus ~13.11).
- The company declared a quarterly dividend of $1.81 (annualized $7.24) with an ex-dividend/record date of July 1 and payment on August 10, implying a ~2.4% yield.
Air Products and Chemicals, Inc. (NYSE:APD - Get Free Report) CFO Melissa Schaeffer sold 2,714 shares of the business's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. This trade represents a 16.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Air Products and Chemicals Stock Performance
NYSE APD opened at $298.29 on Tuesday. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.29. The company has a market capitalization of $66.42 billion, a P/E ratio of 31.57, a PEG ratio of 2.81 and a beta of 0.77. The business has a 50 day moving average price of $288.71 and a 200 day moving average price of $269.07. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21.
Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping analysts' consensus estimates of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.Air Products and Chemicals's quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.69 earnings per share. 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. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.11 EPS for the current fiscal year.
Air Products and Chemicals Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals's payout ratio is currently -479.47%.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on APD. Wells Fargo & Company lifted their target price on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the stock an "overweight" rating in a research report on Friday. Weiss Ratings upgraded shares of Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, March 9th. Citigroup lifted their price objective on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a "neutral" rating in a research report on Monday, April 13th. JPMorgan Chase & Co. upped their target price on Air Products and Chemicals from $310.00 to $330.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $321.76.
Get Our Latest Report on Air Products and Chemicals
Institutional Investors Weigh In On Air Products and Chemicals
Hedge funds have recently modified their holdings of the company. Members Trust Co purchased a new stake in shares of Air Products and Chemicals during the first quarter worth about $200,000. Checchi Capital Advisers LLC lifted its stake in shares of Air Products and Chemicals by 18.2% during the first quarter. Checchi Capital Advisers LLC now owns 1,998 shares of the basic materials company's stock valued at $580,000 after buying an additional 308 shares during the period. Maryland State Retirement & Pension System lifted its stake in shares of Air Products and Chemicals by 3.5% during the first quarter. Maryland State Retirement & Pension System now owns 11,323 shares of the basic materials company's stock valued at $3,289,000 after buying an additional 379 shares during the period. Calamos Wealth Management LLC acquired a new stake in Air Products and Chemicals during the first quarter worth approximately $242,000. Finally, Calamos Advisors LLC grew its stake in Air Products and Chemicals by 1.5% in the 1st quarter. Calamos Advisors LLC now owns 57,967 shares of the basic materials company's stock worth $16,839,000 after acquiring an additional 832 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.
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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