Silicon Valley Capital Partners Reduces Stock Holdings in Air Products and Chemicals, Inc. $APD

Silicon Valley Capital Partners lowered its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 37,399 shares of the basic materials company’s stock after selling 1,913 shares during the quarter. Air Products and Chemicals accounts for 1.1% of Silicon Valley Capital Partners’ holdings, making the stock its 25th biggest holding. Silicon Valley Capital Partners’ holdings in Air Products and Chemicals were worth $10,864,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Richardson Financial Services Inc. boosted its stake in shares of Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the period. Lloyd Advisory Services LLC. bought a new position in Air Products and Chemicals during the 4th quarter valued at about $25,000. Meeder Asset Management Inc. purchased a new stake in Air Products and Chemicals in the 4th quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new stake in Air Products and Chemicals in the fourth quarter worth about $25,000. Finally, Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals in the first quarter worth about $25,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on APD shares. Wells Fargo & Company upped their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Mizuho set a $345.00 price target on Air Products and Chemicals in a research note on Friday, May 1st. Royal Bank Of Canada restated an “outperform” rating and set a $358.00 price objective on shares of Air Products and Chemicals in a report on Friday, July 17th. Berenberg Bank set a $350.00 target price on Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Finally, Morgan Stanley lifted their target price on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and an average price target of $326.88.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $299.75 on Friday. The firm has a market cap of $66.75 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 2.67 and a beta of 0.73. The firm’s 50 day simple moving average is $289.60 and its 200-day simple moving average is $286.63. 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 0.95, a quick ratio of 1.21 and a current ratio of 1.43.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results 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 net margin of 16.91% and a return on equity of 16.11%. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the previous year, the firm posted $3.09 earnings per share. The company’s revenue 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, equities analysts predict that Air Products and Chemicals, Inc. will post 13.22 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s payout ratio is 76.61%.

Key Stories Impacting Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Adjusted fiscal third-quarter EPS was $3.47, above the roughly $3.34-$3.36 analyst consensus and ahead of the company’s guidance range. Adjusted operating income reached $810 million, supported by higher on-site volumes, pricing and favorable currency effects. APD Q3 Earnings Top Estimates
• Positive Sentiment: Air Products raised its fiscal 2026 adjusted EPS outlook to $13.39-$13.49, above the prior consensus estimate of $13.22, and issued fourth-quarter EPS guidance of $3.55-$3.65 versus a $3.52 consensus. The raised forecast was a key catalyst for the stock. Air Products FY2026 EPS Outlook
• Positive Sentiment: The company’s decision to discontinue the Louisiana Clean Energy Complex, an Arizona zero-carbon liquid hydrogen facility and other smaller projects reduces expected fiscal 2026 capital expenditures to approximately $3.5 billion. Investors may view the portfolio reset as improving capital discipline and reducing exposure to costly, lower-return projects. Air Products Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Air Products also announced an electronics-related agreement in Taiwan to build and operate four air-separation units and related gas infrastructure, while finalizing a renewable-ammonia marketing agreement connected to the NEOM Green Hydrogen Project. These initiatives support longer-term growth but are unlikely to materially affect near-term earnings. Air Products Third Quarter Results and Projects
• Negative Sentiment: GAAP results were sharply negative, with a $6.47 loss per share and a $2.1 billion operating loss, primarily from project and asset-action charges, including a reported $2.9 billion Louisiana-related charge. Revenue of $3.16 billion rose 4.6% year over year but fell short of the approximately $3.20 billion consensus. Air Products Swings to Third-Quarter Loss

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.