Air Products and Chemicals, Inc. $APD Holdings Increased by State of Wyoming

State of Wyoming increased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 187,300.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,874 shares of the basic materials company’s stock after acquiring an additional 1,873 shares during the period. State of Wyoming’s holdings in Air Products and Chemicals were worth $511,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in APD. Twin Peaks Wealth Advisors LLC bought a new position in Air Products and Chemicals during the second quarter valued at about $28,000. Traub Capital Management LLC acquired a new stake in Air Products and Chemicals in the 2nd quarter valued at about $28,000. Abound Wealth Management boosted its position in shares of Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares in the last quarter. Westside Investment Management Inc. grew its stake in shares of 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 purchasing an additional 73 shares during the last quarter. Finally, Financial Connections Group Inc. raised its holdings in shares of Air Products and Chemicals by 46.7% in the 2nd 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 in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 2.4%

Shares of Air Products and Chemicals stock opened at $277.49 on Wednesday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $341.14. The company has a market cap of $61.79 billion, a P/E ratio of -183.77, a P/E/G ratio of 2.66 and a beta of 0.87. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. The stock has a 50-day moving average price of $255.08 and a 200 day moving average price of $268.01.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.04 by $0.12. The company had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.86 EPS. Air Products and Chemicals has set its Q2 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 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is currently -474.17%.

Analyst Upgrades and Downgrades

APD has been the subject of a number of research reports. Citigroup raised their target price on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday. BMO Capital Markets reissued a “market perform” rating and set a $282.00 price objective on shares of Air Products and Chemicals in a research note on Monday. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a research report on Wednesday, December 10th. Wolfe Research reiterated an “outperform” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, December 8th. Finally, UBS Group boosted their price objective on Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $295.88.

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.