Tulsa Wealth Advisors INC Invests $4.50 Million in Air Products and Chemicals, Inc. $APD

Tulsa Wealth Advisors INC purchased a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 15,334 shares of the basic materials company’s stock, valued at approximately $4,496,000.

A number of other institutional investors have also modified their holdings of APD. Vanguard Group Inc. boosted its stake in Air Products and Chemicals by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock valued at $5,509,702,000 after acquiring an additional 303,944 shares during the period. Capital International Investors raised its position in shares of Air Products and Chemicals by 44.2% during the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock worth $3,160,023,000 after purchasing an additional 3,922,567 shares during the period. Capital Research Global Investors raised its position in shares of Air Products and Chemicals by 1.2% during the 4th quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock worth $2,940,665,000 after purchasing an additional 137,595 shares during the period. State Street Corp lifted its holdings in shares of Air Products and Chemicals by 3.7% in the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock worth $2,448,340,000 after purchasing an additional 352,012 shares during the last quarter. Finally, Dodge & Cox lifted its holdings in shares of Air Products and Chemicals by 2.6% in the 4th quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock worth $2,281,627,000 after purchasing an additional 231,718 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective for the company in a research note on Friday, May 1st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $373.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 31st. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Wells Fargo & Company increased their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, UBS Group lifted their price objective on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals Trading Down 0.0%

Air Products and Chemicals stock opened at $308.86 on Monday. The firm has a 50 day simple moving average of $293.47 and a 200-day simple moving average of $289.49. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock has a market capitalization of $68.78 billion, a PE ratio of -1,403.92, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.09 earnings per share. 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, equities research analysts expect 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 disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st. 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 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.