Profund Advisors LLC Has $987,000 Stock Position in Air Products and Chemicals, Inc. $APD

Profund Advisors LLC lowered its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 14.1% during the second quarter, Holdings Channel reports. The firm owned 3,501 shares of the basic materials company’s stock after selling 575 shares during the period. Profund Advisors LLC’s holdings in Air Products and Chemicals were worth $987,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of APD. Dodge & Cox raised its position 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 valued at $2,583,417,000 after buying an additional 2,096,568 shares in the last quarter. Raymond James Financial Inc. increased its stake in Air Products and Chemicals by 1.4% in 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. raised its position in Air Products and Chemicals by 110.5% during 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 purchasing an additional 756,780 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Air Products and Chemicals by 1.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,307,807 shares of the basic materials company’s stock worth $385,698,000 after purchasing an additional 19,237 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Air Products and Chemicals by 4.4% in the 1st 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 valued at $370,869,000 after purchasing an additional 52,679 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on APD shares. UBS Group lowered their price target on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a report on Friday, November 7th. JPMorgan Chase & Co. decreased their target price on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a report on Wednesday, October 1st. Wells Fargo & Company decreased their price target on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. One 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. According to data from MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus target price of $316.54.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $261.90 on Wednesday. The firm has a market capitalization of $58.29 billion, a price-to-earnings ratio of 37.68, a PEG ratio of 5.16 and a beta of 0.81. 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 business’s 50-day moving average price is $267.62 and its 200-day moving average price is $278.13. 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) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the firm posted $3.56 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. 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. Equities research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Company 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.