Air Products and Chemicals, Inc. $APD Shares Bought by Intact Investment Management Inc.

05 May 2026, 06:07 by Teresa Graham · The Cerbat Gem

Intact Investment Management Inc. boosted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 221.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,800 shares of the basic materials company’s stock after acquiring an additional 16,400 shares during the quarter. Intact Investment Management Inc.’s holdings in Air Products and Chemicals were worth $5,879,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in APD. Rockland Trust Co. grew its stake in shares of Air Products and Chemicals by 8.2% in the fourth quarter. Rockland Trust Co. now owns 56,909 shares of the basic materials company’s stock worth $14,058,000 after acquiring an additional 4,319 shares in the last quarter. Platform Technology Partners grew its stake in shares of Air Products and Chemicals by 683.0% in the third quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock worth $1,954,000 after acquiring an additional 6,249 shares in the last quarter. Barclays PLC grew its stake in shares of Air Products and Chemicals by 16.4% in the third quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock worth $215,356,000 after acquiring an additional 111,317 shares in the last quarter. Mather Group LLC. grew its stake in shares of Air Products and Chemicals by 11.5% in the fourth quarter. Mather Group LLC. now owns 57,474 shares of the basic materials company’s stock worth $14,197,000 after acquiring an additional 5,909 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Air Products and Chemicals by 0.9% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company’s stock worth $627,065,000 after purchasing an additional 21,479 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insiders Place Their Bets

In related news, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares of the company’s stock, valued at $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.88% of the stock is owned by insiders.

Air Products and Chemicals Price Performance

Shares of 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 stock has a market cap of $66.42 billion, a PE ratio of 31.57, a price-to-earnings-growth ratio of 2.81 and a beta of 0.77. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The firm has a fifty day moving average price of $288.71 and a 200 day moving average price of $269.07.

Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period in the previous year, the company earned $2.69 earnings per share. Air Products and Chemicals’s quarterly revenue was up 8.8% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.11 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently declared 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 of this dividend is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s payout ratio is 76.19%.

Analyst Upgrades and Downgrades

APD has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday. Bank of America boosted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Weiss Ratings upgraded shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and a consensus price target of $321.76.

View Our Latest Report on Air Products and Chemicals

About Air Products and Chemicals

(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.