Strengthening Families & Communities LLC Sells 112 Shares of Air Products and Chemicals, Inc. $APD

Strengthening Families & Communities LLC reduced its position in Air Products and Chemicals, Inc. (NYSE:APD) by 25.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 323 shares of the basic materials company’s stock after selling 112 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Air Products and Chemicals were worth $95,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Wayfinding Financial LLC bought a new position in shares of Air Products and Chemicals in the first quarter valued at approximately $25,000. Saudi Central Bank bought a new stake in Air Products and Chemicals during the first quarter valued at approximately $26,000. Cheviot Value Management LLC bought a new stake in Air Products and Chemicals during the first quarter valued at approximately $27,000. Citizens National Bank Trust Department lifted its position in Air Products and Chemicals by 833.3% during the first quarter. Citizens National Bank Trust Department now owns 112 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 100 shares during the last quarter. Finally, Ransom Advisory Ltd bought a new stake in Air Products and Chemicals during the first quarter valued at approximately $37,000. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Trading Down 2.1%

Shares of APD opened at $257.28 on Friday. The firm 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 company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29. Air Products and Chemicals, Inc. has a fifty-two week low of $243.69 and a fifty-two week high of $341.14. The firm has a 50 day moving average price of $284.80 and a 200-day moving average price of $280.83.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same period in the previous year, the business posted $3.20 EPS. The business’s quarterly revenue was up 1.2% on a year-over-year basis. 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 research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 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 10th. Investors of record on Wednesday, October 1st will be issued a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently 103.02%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada assumed coverage on shares of Air Products and Chemicals in a research report on Friday, June 13th. They set an “outperform” rating and a $355.00 target price for the company. UBS Group reduced their price objective on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a research report on Monday. Citigroup reduced their price objective on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a research report on Wednesday, October 1st. Finally, Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $330.00.

Insider Buying and Selling

In related news, VP Victoria Brifo sold 1,359 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the sale, the vice president directly owned 8,686 shares in the company, valued at $2,539,612.68. This represents a 13.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.41% of the stock is owned by corporate insiders.

Air Products and Chemicals 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.