Souders Financial Advisors purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 807 shares of the basic materials company’s stock, valued at approximately $228,000.
A number of other large investors also recently modified their holdings of the company. Saudi Central Bank purchased a new position in Air Products and Chemicals in the first quarter valued at approximately $26,000. Cheviot Value Management LLC acquired a new stake in shares of Air Products and Chemicals in the first quarter worth $27,000. Westside Investment Management Inc. raised its stake in shares of Air Products and Chemicals by 228.1% in the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 73 shares during the period. Financial Connections Group Inc. lifted its holdings in shares of Air Products and Chemicals by 46.7% during the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 35 shares in the last quarter. Finally, Ransom Advisory Ltd purchased a new stake in Air Products and Chemicals during the 1st quarter worth $37,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
APD has been the topic of several research reports. 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 research report on Monday, October 6th. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a research report on Wednesday, October 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. Finally, Mizuho boosted their target price on shares of 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. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $330.00.
Air Products and Chemicals Stock Up 8.9%
Shares of NYSE:APD opened at $258.64 on Friday. The firm has a market cap of $57.56 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The company has a fifty day simple moving average of $269.64 and a 200 day simple moving average of $278.05. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a 12-month low of $235.55 and a 12-month high of $341.14.
Air Products and Chemicals (NYSE:APD – Get Free Report) last released its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the firm earned $3.56 EPS. The company’s revenue was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.
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.
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