Drucker Wealth 3.0 LLC Sells 4,161 Shares of Air Products and Chemicals, Inc. $APD

Drucker Wealth 3.0 LLC trimmed its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 28.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,623 shares of the basic materials company’s stock after selling 4,161 shares during the period. Drucker Wealth 3.0 LLC’s holdings in Air Products and Chemicals were worth $3,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Aberdeen Group plc increased its holdings in Air Products and Chemicals by 4.1% during the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after purchasing an additional 4,492 shares in the last quarter. Blue Zone Wealth Advisors LLC increased its holdings in Air Products and Chemicals by 3.2% during the 2nd quarter. Blue Zone Wealth Advisors LLC now owns 17,715 shares of the basic materials company’s stock valued at $4,997,000 after purchasing an additional 549 shares in the last quarter. Blue Trust Inc. increased its holdings in Air Products and Chemicals by 46.3% during the 2nd quarter. Blue Trust Inc. now owns 3,304 shares of the basic materials company’s stock valued at $932,000 after purchasing an additional 1,045 shares in the last quarter. Total Wealth Planning & Management Inc. increased its holdings in Air Products and Chemicals by 23.1% during the 2nd quarter. Total Wealth Planning & Management Inc. now owns 1,421 shares of the basic materials company’s stock valued at $401,000 after purchasing an additional 267 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its holdings in Air Products and Chemicals by 6.6% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 4,109 shares of the basic materials company’s stock valued at $1,159,000 after purchasing an additional 253 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Air Products and Chemicals

In related news, VP Victoria Brifo sold 1,359 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the sale, the vice president owned 8,686 shares in the company, valued at approximately $2,539,612.68. This represents a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Air Products and Chemicals Stock Down 2.1%

NYSE:APD opened at $257.28 on Friday. Air Products and Chemicals, Inc. has a 1 year low of $243.69 and a 1 year high of $341.14. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The stock has a market cap of $57.26 billion, a price-to-earnings ratio of 37.02, a PEG ratio of 5.45 and a beta of 0.83. The stock has a 50-day moving average price of $284.80 and a two-hundred day moving average price of $280.83.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. The company had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.95 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.20 earnings per share. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. As a group, equities analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Wednesday, October 1st will be issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 2.8%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio is presently 103.02%.

Analysts Set New Price Targets

Several research firms have recently commented on APD. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Citigroup lowered their target price on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research note on Monday, October 6th. UBS Group lowered their target price on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating for the company in a research note on Monday. Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday. Finally, The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a research note on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus target price of $330.00.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.