CYBER HORNET ETFs LLC Buys 2,641 Shares of Air Products and Chemicals, Inc. $APD

CYBER HORNET ETFs LLC grew its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 433.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,251 shares of the basic materials company’s stock after buying an additional 2,641 shares during the period. CYBER HORNET ETFs LLC’s holdings in Air Products and Chemicals were worth $953,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Lloyd Advisory Services LLC. purchased a new position in shares of Air Products and Chemicals during the 4th quarter valued at $25,000. Meeder Asset Management Inc. bought a new position in Air Products and Chemicals in the 4th quarter worth $25,000. Mcguire Capital Advisors Inc. purchased a new stake in Air Products and Chemicals in the 4th quarter worth $25,000. Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals during the first quarter valued at about $25,000. Finally, Fiduciary Financial Advisors bought a new stake in Air Products and Chemicals during the second quarter valued at about $25,000. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $301.19 on Monday. The firm has a market cap of $67.07 billion, a PE ratio of -1,369.05, a PEG ratio of 3.04 and a beta of 0.75. The stock has a 50 day moving average of $300.91 and a 200 day moving average of $292.35. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. 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 released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.09 EPS. 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, research analysts expect that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on APD shares. Evercore reaffirmed an “outperform” rating and issued a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Citigroup lifted their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Wells Fargo & Company upped their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Royal Bank Of Canada increased their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals Company Profile

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.