Air Products and Chemicals, Inc. $APD Stock Position Boosted by Howard Capital Management LLC

Howard Capital Management LLC boosted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 191.1% during the third quarter, Holdings Channel reports. The institutional investor owned 6,384 shares of the basic materials company’s stock after purchasing an additional 4,191 shares during the quarter. Howard Capital Management LLC’s holdings in Air Products and Chemicals were worth $1,751,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Goelzer Investment Management Inc. raised its position in Air Products and Chemicals by 73.2% during the third quarter. Goelzer Investment Management Inc. now owns 31,647 shares of the basic materials company’s stock worth $8,652,000 after acquiring an additional 13,378 shares in the last quarter. NFSG Corp grew its position in shares of Air Products and Chemicals by 6,788.9% in the 3rd quarter. NFSG Corp now owns 1,860 shares of the basic materials company’s stock valued at $506,000 after acquiring an additional 1,833 shares during the period. YANKCOM Partnership grew its position in shares of Air Products and Chemicals by 3.7% in the 3rd quarter. YANKCOM Partnership now owns 3,078 shares of the basic materials company’s stock valued at $856,000 after acquiring an additional 110 shares during the period. Cohen Klingenstein LLC increased its stake in shares of Air Products and Chemicals by 3,098.6% during the 3rd quarter. Cohen Klingenstein LLC now owns 127,943 shares of the basic materials company’s stock worth $34,842,000 after purchasing an additional 123,943 shares during the last quarter. Finally, Harrell Investment Partners LLC increased its stake in shares of Air Products and Chemicals by 78.4% during the 3rd quarter. Harrell Investment Partners LLC now owns 28,518 shares of the basic materials company’s stock worth $7,857,000 after purchasing an additional 12,530 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $299.19 on Friday. The stock’s fifty day moving average price is $293.80 and its two-hundred day moving average price is $293.28. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. 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 firm has a market cap of $66.63 billion, a PE ratio of -1,359.98, a price-to-earnings-growth ratio of 2.82 and a beta of 0.76.

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 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 period in the previous year, the firm earned $3.09 EPS. The company’s quarterly 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. As a group, research analysts expect 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 disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors 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 yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on APD shares. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. UBS Group reduced their price target on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Evercore reissued an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. Finally, Citigroup dropped their price objective on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus target price of $333.88.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.