OneDigital Investment Advisors LLC Invests $1.63 Million in Air Products and Chemicals, Inc. $APD

OneDigital Investment Advisors LLC bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 5,567 shares of the basic materials company’s stock, valued at approximately $1,632,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its holdings in shares of Air Products and Chemicals by 14.5% in the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after buying an additional 412 shares in the last quarter. Bison Wealth LLC acquired a new stake in Air Products and Chemicals in the 4th quarter valued at $245,000. Sei Investments Co. grew its position in Air Products and Chemicals by 197.6% in the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock valued at $79,498,000 after acquiring an additional 187,142 shares during the period. Treasurer of the State of North Carolina grew its position in Air Products and Chemicals by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after acquiring an additional 2,171 shares during the period. Finally, Diversify Advisory Services LLC raised its stake in Air Products and Chemicals by 52.5% during the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock worth $1,873,000 after acquiring an additional 2,229 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $300.68 on Tuesday. The business has a fifty day moving average of $293.96 and a 200-day moving average of $289.79. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87. The firm has a market cap of $66.96 billion, a PE ratio of -1,366.73, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, equities research analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS 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, November 9th. Stockholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target for the company in a report on Friday, May 1st. Mizuho upped their price objective on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Royal Bank Of Canada raised their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Finally, Bank of America lifted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus price target of $332.76.

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.