First American Trust FSB Cuts Stock Holdings in Air Products and Chemicals, Inc. $APD

First American Trust FSB reduced its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 27.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,880 shares of the basic materials company’s stock after selling 710 shares during the period. First American Trust FSB’s holdings in Air Products and Chemicals were worth $530,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Saudi Central Bank bought a new stake in shares of Air Products and Chemicals in the first quarter worth about $26,000. Cheviot Value Management LLC purchased a new position in Air Products and Chemicals during the 1st quarter valued at approximately $27,000. Westside Investment Management Inc. increased its stake 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 last quarter. Financial Connections Group Inc. raised its holdings in shares of 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 in the last quarter. Finally, Ransom Advisory Ltd bought a new position in shares of Air Products and Chemicals during the 1st quarter valued at approximately $37,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Down 0.4%

Shares of APD opened at $252.16 on Wednesday. The company’s fifty day simple moving average is $264.47 and its 200-day simple moving average is $277.62. The company has a market cap of $56.12 billion, a P/E ratio of 36.28, a P/E/G ratio of 5.16 and a beta of 0.81. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a twelve month low of $235.55 and a twelve month high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating the consensus estimate of $3.38 by $0.01. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. 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 year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on APD. Citigroup reduced their price target on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. Wells Fargo & Company reduced their target price on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Mizuho set a $300.00 price target on Air Products and Chemicals in a research report on Friday, November 7th. Finally, Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $313.75.

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.