Air Products and Chemicals, Inc. $APD Shares Bought by Ascent Group LLC

Ascent Group LLC increased its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 265.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,115 shares of the basic materials company’s stock after buying an additional 3,714 shares during the quarter. Ascent Group LLC’s holdings in Air Products and Chemicals were worth $1,395,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Financial Connections Group Inc. raised its position in shares of 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 worth $31,000 after purchasing an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC boosted its position in shares of Air Products and Chemicals by 1.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after acquiring an additional 35 shares during the period. YANKCOM Partnership grew its holdings 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 purchasing an additional 35 shares in the last quarter. Atlatl Advisers LLC raised 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 worth $420,000 after buying an additional 37 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of Air Products and Chemicals by 7.0% during 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 in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on APD. Royal Bank Of Canada cut their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. Wall Street Zen downgraded Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Sunday, December 14th. JPMorgan Chase & Co. cut their price target 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. UBS Group cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price target for the company from $310.00 to $250.00 in a research note on Thursday, December 11th. Finally, Mizuho reduced their price objective on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $292.47.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $247.11 on Friday. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $341.14. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. The stock has a market cap of $55.00 billion, a PE ratio of -138.83, a P/E/G ratio of 2.43 and a beta of 0.87. The business’s 50-day moving average price is $250.53 and its two-hundred day moving average price is $271.85.

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 (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the prior year, the business earned $3.56 earnings per share. The company’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. As a group, analysts expect 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 announced 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 of this dividend is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 2.9%. Air Products and Chemicals’s payout ratio is presently -402.25%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.