Air Products and Chemicals, Inc. $APD Stock Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its position in Air Products and Chemicals, Inc. (NYSE:APD) by 6.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,400 shares of the basic materials company’s stock after selling 3,821 shares during the period. Nisa Investment Advisors LLC’s holdings in Air Products and Chemicals were worth $15,414,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Gamco Investors INC. ET AL raised 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 acquiring an additional 35 shares during the last quarter. Virginia Estate & Retirement Planning Advisors Inc. grew its stake in shares of Air Products and Chemicals by 46.1% in 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 stake in shares of Air Products and Chemicals by 0.8% in 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 increased its holdings in Air Products and Chemicals by 0.7% during the 1st quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock valued at $1,463,000 after purchasing an additional 37 shares during the period. Finally, Northcape Wealth Management LLC increased its holdings in Air Products and Chemicals by 0.4% during the 2nd quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock valued at $2,566,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.0%

NYSE:APD opened at $302.71 on Thursday. The company has a 50-day moving average price of $293.48 and a 200-day moving average price of $293.51. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock has a market cap of $67.41 billion, a price-to-earnings ratio of -1,375.94, a P/E/G ratio of 2.85 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the firm posted $3.09 EPS. The company’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 predict that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Analyst Upgrades and Downgrades

APD has been the subject of a number of recent analyst reports. Barclays initiated coverage on Air Products and Chemicals in a research report on Monday, October 12th. They set an “overweight” rating and a $353.00 price target for the company. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a research report on Monday, August 3rd. Mizuho lifted their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Finally, Evercore restated an “outperform” rating and set a $342.00 target price on shares of Air Products and Chemicals in a report on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $333.88.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.