Air Products and Chemicals, Inc. $APD Stock Holdings Lifted by 49 Wealth Management LLC

49 Wealth Management LLC raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 14.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,895 shares of the basic materials company’s stock after buying an additional 245 shares during the quarter. 49 Wealth Management LLC’s holdings in Air Products and Chemicals were worth $534,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in Air Products and Chemicals by 14.5% in the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after purchasing an additional 412 shares during the period. Bison Wealth LLC acquired a new position in shares of Air Products and Chemicals in the 4th quarter worth approximately $245,000. Ballentine Partners LLC raised its holdings in shares of Air Products and Chemicals by 5.6% in the first quarter. Ballentine Partners LLC now owns 6,253 shares of the basic materials company’s stock valued at $1,844,000 after buying an additional 330 shares during the last quarter. Kathmere Capital Management LLC grew its stake in shares of Air Products and Chemicals by 2.6% during the first quarter. Kathmere Capital Management LLC now owns 1,541 shares of the basic materials company’s stock valued at $454,000 after purchasing an additional 39 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of Air Products and Chemicals by 2.0% during the first quarter. Arizona State Retirement System now owns 65,263 shares of the basic materials company’s stock worth $19,247,000 after acquiring an additional 1,307 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on APD. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. JPMorgan Chase & Co. decreased their target price on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday. Mizuho set a $300.00 target price on shares of Air Products and Chemicals in a research note on Friday. Citigroup reduced their target price on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research note on Monday, October 6th. Finally, Wells Fargo & Company reduced their price objective on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $315.83.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $259.50 on Monday. The business has a 50 day moving average of $268.94 and a 200-day moving average of $278.25. The company has a market capitalization of $57.75 billion, a P/E ratio of 37.34, a P/E/G ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a 1 year low of $235.55 and a 1 year high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter in the prior year, the firm posted $3.56 earnings per share. The business’s quarterly revenue was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

About Air Products and Chemicals

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.