Baader Bank Aktiengesellschaft Has $2.61 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

Baader Bank Aktiengesellschaft lessened its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 7.7% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 9,278 shares of the basic materials company’s stock after selling 770 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Air Products and Chemicals were worth $2,614,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hamilton Capital LLC boosted its position in Air Products and Chemicals by 1.5% during the 1st quarter. Hamilton Capital LLC now owns 2,594 shares of the basic materials company’s stock worth $765,000 after buying an additional 38 shares during the period. West Branch Capital LLC lifted its position in shares of Air Products and Chemicals by 10.2% in the 1st quarter. West Branch Capital LLC now owns 421 shares of the basic materials company’s stock worth $124,000 after purchasing an additional 39 shares during the period. Kathmere Capital Management LLC lifted its position in shares of Air Products and Chemicals by 2.6% in the 1st quarter. Kathmere Capital Management LLC now owns 1,541 shares of the basic materials company’s stock worth $454,000 after purchasing an additional 39 shares during the period. Connecticut Wealth Management LLC lifted its position in shares of Air Products and Chemicals by 1.7% in the 1st quarter. Connecticut Wealth Management LLC now owns 2,385 shares of the basic materials company’s stock worth $703,000 after purchasing an additional 39 shares during the period. Finally, Ferguson Wellman Capital Management Inc. lifted its position in shares of Air Products and Chemicals by 1.6% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 2,499 shares of the basic materials company’s stock worth $737,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Buying and Selling at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of the stock in a transaction that occurred 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 transaction, the vice president directly owned 8,686 shares of the company’s stock, valued at $2,539,612.68. This represents a 13.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is owned by corporate insiders.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $290.34 on Thursday. The business’s fifty day simple moving average is $291.69 and its 200 day simple moving average is $283.97. 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 12 month low of $243.69 and a 12 month high of $341.14. The firm has a market capitalization of $64.62 billion, a P/E ratio of 41.78, a price-to-earnings-growth ratio of 6.36 and a beta of 0.82.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 31st. The basic materials company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.10. The firm had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.95 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm posted $3.20 EPS. 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, analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Wednesday, October 1st will be paid a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s payout ratio is presently 103.02%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Royal Bank Of Canada initiated coverage on Air Products and Chemicals in a research note on Friday, June 13th. They issued an “outperform” rating and a $355.00 price objective on the stock. Wells Fargo & Company boosted 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. UBS Group raised their price objective on shares of 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. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Finally, Mizuho increased their target price on shares of Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $335.07.

Air Products and Chemicals Profile

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.