Air Products and Chemicals, Inc. $APD Shares Acquired by Forum Financial Management LP

Forum Financial Management LP lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 103.5% during the 3rd quarter, Holdings Channel reports. The firm owned 6,926 shares of the basic materials company’s stock after purchasing an additional 3,522 shares during the period. Forum Financial Management LP’s holdings in Air Products and Chemicals were worth $1,905,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. New England Research & Management Inc. raised its position in shares of Air Products and Chemicals by 676.0% in the 3rd quarter. New England Research & Management Inc. now owns 18,043 shares of the basic materials company’s stock valued at $4,923,000 after buying an additional 15,718 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Air Products and Chemicals by 1,407.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 131,924 shares of the basic materials company’s stock valued at $35,960,000 after acquiring an additional 123,171 shares in the last quarter. Wealth Intelligence LLC boosted its stake in shares of Air Products and Chemicals by 283.0% during the third quarter. Wealth Intelligence LLC now owns 15,457 shares of the basic materials company’s stock valued at $4,231,000 after purchasing an additional 11,421 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in Air Products and Chemicals by 3,680.0% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 49,216 shares of the basic materials company’s stock worth $13,401,000 after acquiring an additional 47,914 shares during the last quarter. Finally, Hanson & Doremus Investment Management grew its stake in shares of Air Products and Chemicals by 55.3% in the third quarter. Hanson & Doremus Investment Management now owns 4,457 shares of the basic materials company’s stock worth $1,229,000 after purchasing an additional 1,587 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $299.19 on Friday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.87. The business has a fifty day simple moving average of $293.80 and a two-hundred day simple moving average of $293.28. The company has a market capitalization of $66.63 billion, a P/E ratio of -1,359.98, a P/E/G ratio of 2.79 and a beta of 0.76. 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 released its quarterly earnings data 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 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 the consensus estimate of $3.20 billion. During the same period in the prior year, the firm earned $3.09 earnings per share. The company’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. On average, analysts expect that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The business 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 dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on APD. Sanford C. Bernstein reiterated an “outperform” rating and issued a $373.00 target price on shares of Air Products and Chemicals in a report on Friday, July 31st. KeyCorp began coverage on Air Products and Chemicals in a research note on Thursday, September 10th. They issued a “sector weight” rating for the company. Argus boosted their price target on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a report on Monday, August 3rd. Finally, Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $333.88.

Air Products and Chemicals 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.