MGO One Seven LLC boosted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 76.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 28,080 shares of the basic materials company’s stock after acquiring an additional 12,186 shares during the quarter. MGO One Seven LLC’s holdings in Air Products and Chemicals were worth $7,658,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also modified their holdings of APD. Traub Capital Management LLC purchased a new stake in Air Products and Chemicals in the 2nd quarter valued at $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Air Products and Chemicals in the second quarter valued at $28,000. Abound Wealth Management raised its holdings in shares of Air Products and Chemicals by 292.3% in the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after buying an additional 76 shares during the last quarter. Westside Investment Management Inc. boosted its stake 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 buying an additional 73 shares during the period. Finally, Financial Connections Group Inc. increased its position in Air Products and Chemicals by 46.7% in 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 during the period. 81.66% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
APD has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on Air Products and Chemicals in a research report on Wednesday, December 10th. Wall Street Zen lowered shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Sanford C. Bernstein reissued an “outperform” rating on shares of Air Products and Chemicals in a research note on Tuesday, December 9th. UBS Group cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $310.00 to $250.00 in a research note on Thursday, December 11th. Finally, Mizuho lowered their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $292.00.
Air Products and Chemicals Trading Up 1.3%
NYSE:APD opened at $267.09 on Tuesday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $341.14. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The stock has a fifty day moving average price of $252.05 and a two-hundred day moving average price of $270.87. The stock has a market capitalization of $59.45 billion, a price-to-earnings ratio of -150.05, a PEG ratio of 2.60 and a beta of 0.87.
Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. During the same period in the prior year, the company posted $3.56 EPS. The business’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 and its FY 2026 guidance at 12.850-13.150 EPS. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.
Air Products and Chemicals Announces Dividend
The business also recently declared 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 2.7%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -402.25%.
About Air Products and Chemicals
Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.
The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.
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