Air Products and Chemicals, Inc. $APD Shares Acquired by AlphaCore Capital LLC

AlphaCore Capital LLC grew its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 114.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 782 shares of the basic materials company’s stock after purchasing an additional 417 shares during the period. AlphaCore Capital LLC’s holdings in Air Products and Chemicals were worth $221,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of APD. Saudi Central Bank purchased a new stake in shares of Air Products and Chemicals in the first quarter valued at about $26,000. Traub Capital Management LLC acquired a new stake in Air Products and Chemicals in the second quarter valued at about $28,000. Cheviot Value Management LLC purchased a new stake in Air Products and Chemicals in the 1st quarter valued at approximately $27,000. Westside Investment Management Inc. increased its position in Air Products and Chemicals by 228.1% during the 2nd 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. Finally, Financial Connections Group Inc. raised its stake in shares of Air Products and Chemicals by 46.7% during 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 in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on APD shares. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a research note on Wednesday, October 1st. 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 on the stock in a research report on Friday, November 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. Wells Fargo & Company decreased their target price on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Finally, Mizuho set a $300.00 price target on Air Products and Chemicals in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus target price of $313.75.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $258.95 on Wednesday. The stock’s 50-day moving average is $261.02 and its 200-day moving average is $277.14. 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 debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The company has a market cap of $57.63 billion, a price-to-earnings ratio of 37.26, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company earned $3.56 EPS. 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 anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. The ex-dividend date is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 2.8%. Air Products and Chemicals’s payout ratio is currently -402.25%.

Air Products and Chemicals Company 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.