Chicago Partners Investment Group LLC Trims Position in Air Products and Chemicals, Inc. $APD

Chicago Partners Investment Group LLC lessened its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,175 shares of the basic materials company’s stock after selling 50 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Air Products and Chemicals were worth $350,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. International Assets Investment Management LLC lifted its stake in shares of Air Products and Chemicals by 7.6% during the 2nd quarter. International Assets Investment Management LLC now owns 2,293 shares of the basic materials company’s stock worth $647,000 after purchasing an additional 161 shares during the period. TrueMark Investments LLC lifted its stake in shares of Air Products and Chemicals by 8.8% during the 2nd quarter. TrueMark Investments LLC now owns 17,319 shares of the basic materials company’s stock worth $4,885,000 after purchasing an additional 1,394 shares during the period. Koshinski Asset Management Inc. lifted its stake in shares of Air Products and Chemicals by 1.8% during the 2nd quarter. Koshinski Asset Management Inc. now owns 3,922 shares of the basic materials company’s stock worth $1,106,000 after purchasing an additional 71 shares during the period. Huntleigh Advisors Inc. lifted its stake in shares of Air Products and Chemicals by 4.5% during the 2nd quarter. Huntleigh Advisors Inc. now owns 8,703 shares of the basic materials company’s stock worth $2,455,000 after purchasing an additional 372 shares during the period. Finally, Nicholson Wealth Management Group LLC lifted its stake in shares of Air Products and Chemicals by 0.7% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 5,272 shares of the basic materials company’s stock worth $1,487,000 after purchasing an additional 38 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.7%

NYSE:APD opened at $254.99 on Friday. The business’s 50-day moving average is $278.74 and its two-hundred day moving average is $278.98. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. Air Products and Chemicals, Inc. has a 12 month low of $243.69 and a 12 month high of $341.14. The firm has a market capitalization of $56.75 billion, a PE ratio of 36.69, a price-to-earnings-growth ratio of 5.26 and a beta of 0.83.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, beating 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 company 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 posted $3.20 earnings per share. The firm’s revenue 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. Research analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

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 dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total value of $397,344.42. Following the transaction, the vice president directly owned 8,686 shares of the company’s stock, valued at $2,539,612.68. This trade represents a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

APD has been the topic of several research reports. Mizuho increased their target price on Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a research report on Wednesday, October 1st. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus price target of $330.00.

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.