Guyasuta Investment Advisors Inc. Purchases 200 Shares of Air Products and Chemicals, Inc. $APD

Guyasuta Investment Advisors Inc. raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 6.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,501 shares of the basic materials company’s stock after purchasing an additional 200 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Air Products and Chemicals were worth $987,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Brown Lisle Cummings Inc. grew its stake in Air Products and Chemicals by 8.3% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 2,606 shares of the basic materials company’s stock worth $735,000 after buying an additional 199 shares during the last quarter. ORG Partners LLC grew its stake in Air Products and Chemicals by 24.5% during the 2nd quarter. ORG Partners LLC now owns 890 shares of the basic materials company’s stock valued at $251,000 after purchasing an additional 175 shares during the last quarter. NovaPoint Capital LLC grew its stake in Air Products and Chemicals by 7.3% during the 2nd quarter. NovaPoint Capital LLC now owns 13,209 shares of the basic materials company’s stock valued at $3,726,000 after purchasing an additional 902 shares during the last quarter. Cove Private Wealth LLC purchased a new stake in shares of Air Products and Chemicals in the second quarter worth about $256,000. Finally, Patton Fund Management Inc. purchased a new stake in shares of Air Products and Chemicals in the second quarter worth about $232,000. 81.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on APD shares. Citigroup increased their target price on Air Products and Chemicals from $310.00 to $320.00 and gave the company a “buy” rating in a report on Monday, June 30th. UBS Group increased their price objective on Air Products and Chemicals from $328.00 to $344.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Wells Fargo & Company raised their price target on Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Finally, Mizuho lifted their target price on Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average target price of $335.07.

Insiders Place Their Bets

In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of Air Products and Chemicals stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the sale, the vice president owned 8,686 shares of the company’s stock, valued at $2,539,612.68. This trade represents a 13.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Air Products and Chemicals Stock Up 0.4%

Shares of Air Products and Chemicals stock opened at $266.74 on Friday. The business has a 50-day moving average of $289.88 and a 200-day moving average of $282.47. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The company has a market capitalization of $59.36 billion, a PE ratio of 38.38, a P/E/G ratio of 5.95 and a beta of 0.82. Air Products and Chemicals, Inc. has a 1-year low of $243.69 and a 1-year high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter last year, the company posted $3.20 earnings per share. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Wednesday, October 1st will be given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s payout ratio is presently 103.02%.

About Air Products and Chemicals

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.