Aviso Financial Inc. increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 21.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,687 shares of the basic materials company’s stock after purchasing an additional 1,536 shares during the period. Aviso Financial Inc.’s holdings in Air Products and Chemicals were worth $2,450,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Financial Connections Group Inc. lifted its stake 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 acquiring an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC boosted its holdings in Air Products and Chemicals by 1.6% in 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 purchasing an additional 35 shares in the last quarter. YANKCOM Partnership raised its stake in shares of Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock worth $791,000 after buying an additional 35 shares in the last quarter. Atlatl Advisers LLC lifted its holdings 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 during the period. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of 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 valued at $160,000 after buying an additional 37 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on APD. Mizuho set a $300.00 price target on shares of Air Products and Chemicals in a research note on Friday, November 7th. Wells Fargo & Company dropped their target price on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Citigroup reduced their price target on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research report on Monday, October 6th. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a research report on Wednesday, October 1st. Finally, Evercore ISI lowered their price objective on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $313.75.
Air Products and Chemicals Trading Down 0.4%
Shares of APD opened at $256.43 on Tuesday. 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, Inc. has a 12 month low of $235.55 and a 12 month high of $341.14. The stock has a market cap of $57.07 billion, a PE ratio of 36.90, a P/E/G ratio of 5.16 and a beta of 0.81. The stock’s 50-day moving average is $261.54 and its two-hundred day moving average is $277.23.
Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same quarter in the previous year, the firm earned $3.56 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. 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. Equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s payout ratio is currently -402.25%.
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.
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