Rathbones Group PLC Sells 486 Shares of Air Products and Chemicals, Inc. $APD

Rathbones Group PLC lowered its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 1.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 44,000 shares of the basic materials company’s stock after selling 486 shares during the period. Rathbones Group PLC’s holdings in Air Products and Chemicals were worth $12,411,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Dodge & Cox boosted its stake in shares of Air Products and Chemicals by 31.5% in the 1st quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock worth $2,583,417,000 after buying an additional 2,096,568 shares during the last quarter. Raymond James Financial Inc. increased its position in Air Products and Chemicals by 1.4% during the first quarter. Raymond James Financial Inc. now owns 3,096,277 shares of the basic materials company’s stock valued at $913,154,000 after acquiring an additional 43,695 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Air Products and Chemicals by 110.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,441,752 shares of the basic materials company’s stock valued at $425,202,000 after acquiring an additional 756,780 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Air Products and Chemicals by 1.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,307,807 shares of the basic materials company’s stock valued at $385,698,000 after acquiring an additional 19,237 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Air Products and Chemicals by 4.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,257,524 shares of the basic materials company’s stock worth $370,869,000 after purchasing an additional 52,679 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on APD. Royal Bank Of Canada reduced their price target on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. reduced their target price on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Friday. The Goldman Sachs Group set a $335.00 price target on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Finally, Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $315.83.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $259.50 on Monday. The company has a market capitalization of $57.75 billion, a P/E ratio of 37.34, a P/E/G ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a 1-year low of $235.55 and a 1-year high of $341.14. The firm’s 50 day simple moving average is $268.94 and its two-hundred day simple moving average is $278.25. 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 (NYSE:APD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating 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 firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period last 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. Research analysts expect 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.