Hudock Inc. Purchases 1,773 Shares of Air Products and Chemicals, Inc. $APD

Hudock Inc. boosted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 108.2% in the third quarter, Holdings Channel.com reports. The firm owned 3,412 shares of the basic materials company’s stock after purchasing an additional 1,773 shares during the quarter. Hudock Inc.’s holdings in Air Products and Chemicals were worth $939,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Gamco Investors INC. ET AL boosted its stake in shares of Air Products and Chemicals by 0.9% during the second quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock valued at $1,147,000 after purchasing an additional 35 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. grew its holdings in shares of Air Products and Chemicals by 46.1% during the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 111 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares during the last quarter. Revisor Wealth Management LLC grew its holdings in shares of Air Products and Chemicals by 0.8% during the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after purchasing an additional 36 shares during the last quarter. Baader Bank Aktiengesellschaft grew its holdings in shares of Air Products and Chemicals by 0.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after purchasing an additional 37 shares during the last quarter. Finally, Northcape Wealth Management LLC increased its stake in shares of Air Products and Chemicals by 0.4% in the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock valued at $2,566,000 after buying an additional 37 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Trading Up 1.2%

NYSE:APD opened at $292.42 on Thursday. The firm’s fifty day moving average is $293.95 and its 200-day moving average is $293.21. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The firm has a market cap of $65.12 billion, a P/E ratio of -1,329.18, a P/E/G ratio of 2.72 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping 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 company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the prior year, the company posted $3.09 earnings per share. Air Products and Chemicals’s revenue for the quarter 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. Equities analysts expect that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently declared 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 2.5%. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on APD shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. KeyCorp started coverage on shares of Air Products and Chemicals in a report on Thursday, September 10th. They set a “sector weight” rating on the stock. Mizuho boosted their target price on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Argus upped 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 report on Wednesday, September 9th. Finally, Evercore restated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $334.71.

About Air Products and Chemicals

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.