Air Products and Chemicals, Inc. $APD Stock Holdings Increased by Allworth Financial LP

Allworth Financial LP raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 58.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,949 shares of the basic materials company’s stock after buying an additional 1,830 shares during the quarter. Allworth Financial LP’s holdings in Air Products and Chemicals were worth $1,396,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Saudi Central Bank acquired a new stake in shares of Air Products and Chemicals during the 1st quarter valued at approximately $26,000. Cheviot Value Management LLC bought a new stake in Air Products and Chemicals during the first quarter valued at $27,000. Westside Investment Management Inc. raised its holdings in shares of Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 73 shares during the period. Financial Connections Group Inc. lifted its position in shares of Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after buying an additional 35 shares during the last quarter. Finally, Ransom Advisory Ltd acquired a new position in shares of Air Products and Chemicals in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on APD. Citigroup dropped their price objective on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Evercore ISI cut their price target on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. lowered their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Finally, Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $313.75.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $263.26 on Friday. Air Products and Chemicals, Inc. has a 12-month low of $235.55 and a 12-month high of $341.14. The company has a market cap of $58.59 billion, a PE ratio of 37.88, a P/E/G ratio of 5.16 and a beta of 0.81. The stock has a 50 day simple moving average of $266.49 and a 200-day simple moving average of $277.91. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD) last announced its 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 firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the business earned $3.56 EPS. The firm’s revenue for the quarter 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 forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Profile

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.