Charles Schwab Investment Management Inc. grew its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 0.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,319,240 shares of the basic materials company’s stock after acquiring an additional 11,433 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Air Products and Chemicals were worth $372,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of APD. Saudi Central Bank bought a new stake in Air Products and Chemicals during the first quarter valued at about $26,000. Cheviot Value Management LLC purchased a new position in shares of Air Products and Chemicals during the 1st quarter valued at about $27,000. Traub Capital Management LLC bought a new position in shares of Air Products and Chemicals during the 2nd quarter valued at approximately $28,000. Westside Investment Management Inc. increased its holdings in 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 worth $30,000 after acquiring an additional 73 shares in the last quarter. Finally, Financial Connections Group Inc. raised its stake in 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 worth $31,000 after acquiring an additional 35 shares during the period. 81.66% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Wall Street Zen lowered shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday, October 8th. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a report on Wednesday, October 1st. Wells Fargo & Company dropped 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. Finally, Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $313.75.
Air Products and Chemicals Stock Down 0.4%
APD opened at $256.43 on Tuesday. The company has a market capitalization of $57.07 billion, a PE ratio of 36.90, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The firm has a 50-day simple moving average of $261.54 and a two-hundred day simple moving average of $277.23. 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, Inc. has a 52 week low of $235.55 and a 52 week high of $341.14.
Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the previous year, the business earned $3.56 earnings per share. The firm’s revenue for the quarter 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. Analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio is currently -402.25%.
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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