Representative Josh Gottheimer (D-New Jersey) recently sold shares of Air Products and Chemicals, Inc. NYSE: APD. In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Air Products and Chemicals stock on March 7th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
- Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.
Air Products and Chemicals Price Performance
APD stock traded up $6.84 during midday trading on Friday, reaching $268.88. The company had a trading volume of 1,002,627 shares, compared to its average volume of 1,494,714. Air Products and Chemicals, Inc. has a 1-year low of $227.53 and a 1-year high of $341.14. The stock has a 50 day moving average price of $298.09 and a 200-day moving average price of $307.63. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.11 and a quick ratio of 0.96. The company has a market capitalization of $59.82 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 3.07 and a beta of 0.89.
Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its earnings results on Thursday, February 6th. The basic materials company reported $2.86 EPS for the quarter, missing the consensus estimate of $3.13 by ($0.27). Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%. Equities research analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.
Air Products and Chemicals Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Tuesday, April 1st will be given a $1.79 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.66%. This is a boost from Air Products and Chemicals's previous quarterly dividend of $1.77. Air Products and Chemicals's dividend payout ratio (DPR) is presently 41.58%.
Insider Buying and Selling
In other news, insider Wilbur Mok sold 1,300 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $315.88, for a total value of $410,644.00. Following the transaction, the insider now owns 3,193 shares in the company, valued at $1,008,604.84. This trade represents a 28.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Francesco Maione sold 2,016 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $306.00, for a total value of $616,896.00. Following the sale, the insider now owns 3,834 shares of the company's stock, valued at $1,173,204. This trade represents a 34.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,500 shares of company stock worth $4,842,604 in the last ninety days. Corporate insiders own 0.41% of the company's stock.
Institutional Investors Weigh In On Air Products and Chemicals
Several large investors have recently added to or reduced their stakes in APD. Mantle Ridge LP bought a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $1,191,344,000. Norges Bank bought a new stake in Air Products and Chemicals in the fourth quarter valued at $919,721,000. Bank of America Corp DE boosted its position in shares of Air Products and Chemicals by 129.4% during the 4th quarter. Bank of America Corp DE now owns 5,429,147 shares of the basic materials company's stock worth $1,574,670,000 after purchasing an additional 3,062,157 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Air Products and Chemicals in the fourth quarter valued at approximately $885,371,000. Finally, Capital International Investors bought a new stake in shares of Air Products and Chemicals during the fourth quarter valued at approximately $436,636,000. Institutional investors and hedge funds own 81.66% of the company's stock.
Analysts Set New Price Targets
Several analysts recently weighed in on APD shares. Citigroup reduced their price objective on Air Products and Chemicals from $373.00 to $345.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. Sanford C. Bernstein upgraded shares of Air Products and Chemicals from a "market perform" rating to an "outperform" rating and set a $375.00 price objective for the company in a research report on Friday, January 31st. Bank of America lowered shares of Air Products and Chemicals from a "buy" rating to a "neutral" rating and set a $350.00 target price on the stock. in a research report on Monday, January 27th. Barclays lowered their price target on shares of Air Products and Chemicals from $365.00 to $355.00 and set an "overweight" rating for the company in a report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and set a $320.00 price objective (down previously from $345.00) on shares of Air Products and Chemicals in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $338.24.
View Our Latest Analysis on Air Products and Chemicals
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
(
Get Free Report)
Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.
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