Buckhead Capital Management LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 22.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,121 shares of the basic materials company’s stock after purchasing an additional 2,009 shares during the period. Buckhead Capital Management LLC’s holdings in Air Products and Chemicals were worth $3,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. StoneX Group Inc. boosted its holdings in shares of Air Products and Chemicals by 298.3% in the 3rd quarter. StoneX Group Inc. now owns 6,214 shares of the basic materials company’s stock worth $1,901,000 after purchasing an additional 4,654 shares during the period. Pictet Asset Management Holding SA raised its holdings in Air Products and Chemicals by 9.0% during the 3rd quarter. Pictet Asset Management Holding SA now owns 82,518 shares of the basic materials company’s stock valued at $22,959,000 after buying an additional 6,817 shares during the period. United Advisor Group LLC raised its holdings in Air Products and Chemicals by 30.2% during the 3rd quarter. United Advisor Group LLC now owns 1,857 shares of the basic materials company’s stock valued at $517,000 after buying an additional 431 shares during the period. LightSquare Wealth Management LLC raised its holdings in Air Products and Chemicals by 6.2% during the 3rd quarter. LightSquare Wealth Management LLC now owns 1,415 shares of the basic materials company’s stock valued at $394,000 after buying an additional 83 shares during the period. Finally, Alps Advisors Inc. lifted its position in Air Products and Chemicals by 4.7% in the third quarter. Alps Advisors Inc. now owns 13,703 shares of the basic materials company’s stock worth $3,813,000 after buying an additional 615 shares during the last quarter. 81.66% of the stock is owned by institutional investors.
Analysts Set New Price Targets
APD has been the subject of several recent analyst reports. Royal Bank Of Canada lifted their price objective on shares of Air Products and Chemicals from $346.00 to $359.00 and gave the stock an “outperform” rating in a research note on Friday. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Argus raised their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a report on Wednesday, September 9th. Citigroup dropped their price target on shares of Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Finally, UBS Group dropped their price target on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and an average price target of $334.24.
View Our Latest Stock Analysis on APD
Air Products and Chemicals Price Performance
Shares of APD opened at $304.61 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.92 and a current ratio of 1.07. The company has a 50 day moving average price of $294.94 and a 200-day moving average price of $290.92. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $324.00. The stock has a market capitalization of $67.83 billion, a PE ratio of 127.99, a PEG ratio of 2.87 and a beta of 0.67.
Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The basic materials company reported $3.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.61. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.33 billion. Air Products and Chemicals had a net margin of 4.10% and a return on equity of 17.19%. Air Products and Chemicals’s revenue was up 12.3% compared to the same quarter last year. During the same period last year, the company posted $3.39 earnings per share. Equities analysts predict that Air Products and Chemicals, Inc. will post 14.32 earnings per share for the current fiscal year.
Air Products and Chemicals Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, February 8th. Shareholders of record on Monday, January 4th will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio (DPR) is 304.20%.
More Air Products and Chemicals News
Here are the key news stories impacting Air Products and Chemicals this week:
- Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
- Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
- Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
- Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
- Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.
About Air Products and Chemicals
Featured Stories
- Five stocks we like better than Air Products and Chemicals
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).
Receive News & Ratings for Air Products and Chemicals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Products and Chemicals and related companies with MarketBeat.com's FREE daily email newsletter.
