JFS Wealth Advisors LLC Decreases Stock Holdings in Air Products and Chemicals, Inc. $APD

JFS Wealth Advisors LLC cut its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 73.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 234 shares of the basic materials company’s stock after selling 662 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $66,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Blue Zone Wealth Advisors LLC raised its stake in Air Products and Chemicals by 3.2% in the second quarter. Blue Zone Wealth Advisors LLC now owns 17,715 shares of the basic materials company’s stock valued at $4,997,000 after buying an additional 549 shares during the last quarter. Blue Trust Inc. raised its stake in Air Products and Chemicals by 46.3% in the second quarter. Blue Trust Inc. now owns 3,304 shares of the basic materials company’s stock valued at $932,000 after buying an additional 1,045 shares during the last quarter. Total Wealth Planning & Management Inc. increased its holdings in shares of Air Products and Chemicals by 23.1% in the second 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 during the period. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Air Products and Chemicals by 6.6% in the second 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 during the period. Finally, Stonebridge Financial Group LLC increased its holdings in shares of Air Products and Chemicals by 4.9% in the second quarter. Stonebridge Financial Group LLC now owns 13,907 shares of the basic materials company’s stock valued at $3,923,000 after purchasing an additional 645 shares during the period. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Down 2.1%

Air Products and Chemicals stock 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 price-to-earnings-growth ratio of 5.33 and a beta of 0.83. Air Products and Chemicals, Inc. has a 52 week low of $243.69 and a 52 week high of $341.14. The business’s 50-day moving average price is $284.80 and its 200 day moving average price is $280.74. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same period last year, the company earned $3.20 earnings per share. Air Products and Chemicals’s revenue for the quarter was up 1.2% compared to the same quarter last year. 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, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Wednesday, October 1st will be issued a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 103.02%.

Insider Buying and Selling

In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total value of $397,344.42. Following the sale, the vice president directly owned 8,686 shares of the company’s stock, valued at approximately $2,539,612.68. This trade represents a 13.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on APD shares. UBS Group cut their price objective on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Mizuho increased their price objective on Air Products and Chemicals from $310.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Finally, Citigroup cut their price objective on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average 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.