Commonwealth of Pennsylvania Public School Empls Retrmt SYS Lowers Holdings in Air Products and Chemicals, Inc. $APD

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 5.2% during the 2nd quarter, Holdings Channel reports. The fund owned 49,184 shares of the basic materials company’s stock after selling 2,682 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Air Products and Chemicals were worth $14,420,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Evolution Wealth Management Inc. bought a new position in Air Products and Chemicals in the first quarter worth about $25,000. Cornerstone Planning Group LLC boosted its holdings in shares of Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after buying an additional 70 shares in the last quarter. Main Street Group LTD purchased a new position in shares of Air Products and Chemicals in the 1st quarter worth approximately $27,000. Lloyd Advisory Services LLC. bought a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $25,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $25,000. Institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on APD. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Royal Bank Of Canada increased their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Citigroup lifted 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 note on Friday, July 31st. BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research note on Friday, May 1st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $373.00 price target on shares of Air Products and Chemicals in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus target price of $332.76.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $308.86 on Friday. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87. The stock has a market capitalization of $68.78 billion, a P/E ratio of -1,403.92, a PEG ratio of 2.65 and a beta of 0.73. The business has a 50 day simple moving average of $293.47 and a two-hundred day simple moving average of $289.30. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the firm earned $3.09 earnings per share. The business’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. As a group, analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is -3,290.91%.

Air Products and Chemicals Profile

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.