D.A. Davidson & CO. Buys 2,418 Shares of Air Products and Chemicals, Inc. $APD

D.A. Davidson & CO. lifted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 16.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,461 shares of the basic materials company’s stock after acquiring an additional 2,418 shares during the quarter. D.A. Davidson & CO.’s holdings in Air Products and Chemicals were worth $4,762,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Traub Capital Management LLC acquired a new position in Air Products and Chemicals during the second quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Air Products and Chemicals during the 2nd quarter worth $28,000. Abound Wealth Management grew its stake in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after buying an additional 76 shares during the last quarter. Westside Investment Management Inc. raised its holdings in Air Products and Chemicals by 228.1% in the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 73 shares during the period. Finally, Financial Connections Group Inc. lifted its position in 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 acquiring an additional 35 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $261.94 on Thursday. 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 firm has a 50-day moving average price of $250.73 and a 200 day moving average price of $271.27. The firm has a market capitalization of $58.30 billion, a PE ratio of -147.15, a price-to-earnings-growth ratio of 2.54 and a beta of 0.87. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $341.14.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS 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 the consensus estimate of $3.18 billion. During the same quarter last year, the company earned $3.56 EPS. Air Products and Chemicals’s revenue was down .6% on a year-over-year basis. 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. Research analysts anticipate 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 company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be given a dividend of $1.79 per share. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Royal Bank Of Canada dropped their price objective 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. Mizuho dropped their price target on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. Evercore ISI reduced their price objective on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Finally, Wolfe Research reissued an “outperform” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $292.47.

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.