Phoenix Wealth Advisors Has $2.51 Million Position in Air Products and Chemicals, Inc. $APD

Phoenix Wealth Advisors cut its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 3.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,883 shares of the basic materials company’s stock after selling 338 shares during the period. Air Products and Chemicals comprises approximately 1.0% of Phoenix Wealth Advisors’ portfolio, making the stock its 29th largest position. Phoenix Wealth Advisors’ holdings in Air Products and Chemicals were worth $2,506,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of APD. Saudi Central Bank acquired a new stake in Air Products and Chemicals in the first quarter valued at $26,000. Cheviot Value Management LLC acquired a new stake in shares of Air Products and Chemicals in the first quarter valued at about $27,000. Westside Investment Management Inc. raised its position in shares of Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 73 shares during the last quarter. Financial Connections Group Inc. boosted its holdings in Air Products and Chemicals by 46.7% in the second 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 during the last quarter. Finally, Ransom Advisory Ltd acquired a new stake in Air Products and Chemicals during the 1st quarter valued at approximately $37,000. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Royal Bank Of Canada decreased their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Finally, Wells Fargo & Company reduced their price objective on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $313.75.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $263.26 on Friday. 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 $58.59 billion, a PE ratio of 37.88, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The stock’s fifty day simple moving average is $266.49 and its two-hundred day simple moving average is $277.91. Air Products and Chemicals, Inc. has a 1-year low of $235.55 and a 1-year high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly 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. The business had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.56 earnings per share. 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. As a group, analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

About Air Products and Chemicals

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.