Air Products and Chemicals, Inc. $APD Stock Position Reduced by Allianz SE

Allianz SE decreased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 65.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 780 shares of the basic materials company’s stock after selling 1,475 shares during the quarter. Allianz SE’s holdings in Air Products and Chemicals were worth $220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of APD. Financial Connections Group Inc. boosted its position in Air Products and Chemicals by 46.7% during the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 35 shares during the last quarter. Meadow Creek Wealth Advisors LLC lifted its holdings in shares of Air Products and Chemicals by 1.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after buying an additional 35 shares during the last quarter. Atlatl Advisers LLC grew its stake in shares of Air Products and Chemicals by 2.5% in the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after buying an additional 37 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in Air Products and Chemicals by 7.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after buying an additional 37 shares during the last quarter. Finally, Hamilton Capital LLC raised its position in Air Products and Chemicals by 1.5% during the first quarter. Hamilton Capital LLC now owns 2,594 shares of the basic materials company’s stock valued at $765,000 after acquiring an additional 38 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Price Performance

Shares of APD stock opened at $263.26 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The stock’s fifty day simple moving average is $266.49 and its 200 day simple moving average is $277.91. Air Products and Chemicals, Inc. has a one year low of $235.55 and a one year high of $341.14. The firm has a market cap of $58.59 billion, a price-to-earnings ratio of 37.88, a P/E/G ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period last year, the business earned $3.56 earnings per share. The business’s 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, analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Analysts Set New Price Targets

APD has been the subject of several recent research reports. Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. decreased their price target 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. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada decreased their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average target price of $313.75.

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.