Air Products and Chemicals, Inc. $APD Stock Holdings Lifted by Acima Private Wealth LLC

Acima Private Wealth LLC lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 244.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,171 shares of the basic materials company’s stock after purchasing an additional 3,671 shares during the period. Acima Private Wealth LLC’s holdings in Air Products and Chemicals were worth $1,416,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. S&CO Inc. purchased a new stake in Air Products and Chemicals in the 2nd quarter worth approximately $27,733,000. NewEdge Advisors LLC increased its stake in shares of Air Products and Chemicals by 26.7% in the first quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock worth $16,573,000 after purchasing an additional 12,020 shares in the last quarter. Rockland Trust Co. raised its position in shares of Air Products and Chemicals by 7.0% during the 2nd quarter. Rockland Trust Co. now owns 65,322 shares of the basic materials company’s stock valued at $19,151,000 after purchasing an additional 4,279 shares during the period. Summitry LLC purchased a new position in shares of Air Products and Chemicals during the 1st quarter valued at $25,562,000. Finally, Handelsbanken Fonder AB boosted its holdings in Air Products and Chemicals by 5.4% in the 2nd quarter. Handelsbanken Fonder AB now owns 96,749 shares of the basic materials company’s stock worth $28,365,000 after buying an additional 4,986 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on APD shares. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a report on Monday, August 3rd. Sanford C. Bernstein reissued an “outperform” rating and set a $373.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 31st. Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Citigroup upped their target price on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, UBS Group cut their target price on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $334.69.

Air Products and Chemicals Trading Up 0.8%

NYSE APD traded up $2.22 on Monday, hitting $279.79. 1,090,480 shares of the stock were exchanged, compared to its average volume of 1,292,114. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The firm has a market capitalization of $62.31 billion, a P/E ratio of -1,271.78, a P/E/G ratio of 2.61 and a beta of 0.76. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $314.87. The stock has a fifty day moving average price of $295.87 and a two-hundred day moving average price of $293.35.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter last year, the business posted $3.09 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. 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. Research analysts forecast that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.