American Century Companies Inc. increased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 10.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,639 shares of the basic materials company’s stock after purchasing an additional 5,430 shares during the period. American Century Companies Inc.’s holdings in Air Products and Chemicals were worth $16,258,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of 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 acquiring an additional 412 shares during the last quarter. Bison Wealth LLC acquired a new position in Air Products and Chemicals in the fourth quarter valued at approximately $245,000. Commonwealth Equity Services LLC increased its stake in Air Products and Chemicals by 4.1% in the first quarter. Commonwealth Equity Services LLC now owns 157,107 shares of the basic materials company’s stock valued at $46,334,000 after purchasing an additional 6,188 shares during the last quarter. Empower Advisory Group LLC raised its holdings in Air Products and Chemicals by 2.3% during the first quarter. Empower Advisory Group LLC now owns 443,797 shares of the basic materials company’s stock worth $130,885,000 after purchasing an additional 9,814 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its position in shares of Air Products and Chemicals by 38.5% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 511 shares of the basic materials company’s stock worth $151,000 after buying an additional 142 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
APD has been the topic of several research analyst reports. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. UBS Group cut their target price on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Wells Fargo & Company decreased their target price on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Citigroup cut their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. Finally, The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a report on Wednesday, October 1st. One research 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $313.75.
Air Products and Chemicals Price Performance
Shares of NYSE APD opened at $257.05 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. 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 capitalization of $57.22 billion, a P/E ratio of -144.41, a PEG ratio of 2.56 and a beta of 0.86. The company’s fifty day moving average is $258.21 and its two-hundred day moving average is $276.60.
Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating the consensus estimate 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 negative net margin of 3.28% and a positive return on equity of 15.18%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be issued a $1.79 dividend. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.8%. Air Products and Chemicals’s dividend 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.
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