B. Riley Wealth Advisors Inc. Invests $606,000 in Air Products and Chemicals, Inc. $APD

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,148 shares of the basic materials company’s stock, valued at approximately $606,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Air Products and Chemicals during the second quarter valued at approximately $1,020,081,000. Viking Global Investors LP acquired a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $607,601,000. Dodge & Cox lifted its stake in shares of Air Products and Chemicals by 31.5% during the first quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock valued at $2,583,417,000 after acquiring an additional 2,096,568 shares during the period. First Trust Advisors LP boosted its holdings in Air Products and Chemicals by 268.7% in the second quarter. First Trust Advisors LP now owns 822,589 shares of the basic materials company’s stock valued at $232,019,000 after acquiring an additional 599,513 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in Air Products and Chemicals by 13.3% in the second quarter. Franklin Resources Inc. now owns 3,794,781 shares of the basic materials company’s stock worth $1,070,356,000 after purchasing an additional 444,855 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

NYSE:APD opened at $242.33 on Wednesday. The company has a market cap of $53.94 billion, a P/E ratio of -136.14, a P/E/G ratio of 2.41 and a beta of 0.86. The firm’s fifty day moving average price is $253.38 and its two-hundred day moving average price is $274.68. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $341.14. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same period last year, the firm posted $3.56 EPS. The firm’s revenue for the quarter 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 and its FY 2026 guidance at 12.850-13.150 EPS. Equities analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio is presently -402.25%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wolfe Research reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, December 8th. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a research note on Wednesday, October 1st. Mizuho set a $300.00 price target on Air Products and Chemicals in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft set a $255.00 price target on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Air Products and Chemicals in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $298.47.

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.