Air Products and Chemicals, Inc. $APD Holdings Raised by NFSG Corp

NFSG Corp raised its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 6,788.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,860 shares of the basic materials company’s stock after acquiring an additional 1,833 shares during the quarter. NFSG Corp’s holdings in Air Products and Chemicals were worth $506,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of APD. Evolution Wealth Management Inc. bought a new stake in shares of Air Products and Chemicals during the first quarter valued at approximately $25,000. Fiduciary Financial Advisors bought a new position in Air Products and Chemicals in the 2nd quarter worth approximately $25,000. Cornerstone Planning Group LLC raised its position in 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 worth $28,000 after purchasing an additional 70 shares during the last quarter. Main Street Group LTD bought a new position in Air Products and Chemicals in the 1st quarter worth approximately $27,000. Finally, MJT & Associates Financial Advisory Group Inc. lifted its holdings in Air Products and Chemicals by 77.6% during the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock worth $28,000 after buying an additional 45 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Trading Up 0.9%

Shares of APD traded up $2.60 on Friday, reaching $299.19. 1,215,730 shares of the company’s stock were exchanged, compared to its average volume of 1,153,743. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $66.63 billion, a P/E ratio of -1,359.98, a price-to-earnings-growth ratio of 2.79 and a beta of 0.76. The business has a 50 day moving average price of $293.80 and a two-hundred day moving average price of $293.28. 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 quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the business posted $3.09 earnings per share. Air Products and Chemicals’s revenue was up 4.6% compared to the same quarter last year. 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 anticipate that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Wall Street Analysts Forecast Growth

APD has been the topic of a number of recent research reports. KeyCorp initiated coverage on Air Products and Chemicals in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Citigroup dropped their target price on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. Royal Bank Of Canada dropped their target price on Air Products and Chemicals from $360.00 to $346.00 and set an “outperform” rating for the company in a research report on Thursday. UBS Group cut their price target on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Finally, Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $333.88.

Air Products and Chemicals Company Profile

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.