Air Products and Chemicals, Inc. $APD Holdings Raised by Naples Global Advisors LLC

Naples Global Advisors LLC grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,678 shares of the basic materials company’s stock after acquiring an additional 583 shares during the quarter. Naples Global Advisors LLC’s holdings in Air Products and Chemicals were worth $3,576,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Wayfinding Financial LLC acquired a new position in Air Products and Chemicals during the 1st quarter valued at approximately $25,000. Saudi Central Bank acquired a new position in Air Products and Chemicals during the 1st quarter valued at approximately $26,000. Cheviot Value Management LLC acquired a new position in Air Products and Chemicals during the 1st quarter valued at approximately $27,000. Citizens National Bank Trust Department boosted its position in Air Products and Chemicals by 833.3% during the 1st quarter. Citizens National Bank Trust Department now owns 112 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Finally, Ransom Advisory Ltd acquired a new position in Air Products and Chemicals during the 1st quarter valued at approximately $37,000. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Trading Down 1.5%

Shares of Air Products and Chemicals stock opened at $268.68 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. The firm has a market cap of $59.79 billion, a price-to-earnings ratio of 38.66, a price-to-earnings-growth ratio of 6.08 and a beta of 0.83. The business has a fifty day simple moving average of $288.31 and a 200-day simple moving average of $282.09. Air Products and Chemicals, Inc. has a fifty-two week low of $243.69 and a fifty-two week high of $341.14.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.10. The business had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.95 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.20 earnings per share. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. On average, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Wednesday, October 1st will be issued a $1.79 dividend. The ex-dividend date is Wednesday, October 1st. This represents a $7.16 annualized dividend and a dividend yield of 2.7%. Air Products and Chemicals’s dividend payout ratio is 103.02%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on APD. Royal Bank Of Canada began coverage on Air Products and Chemicals in a research report on Friday, June 13th. They set an “outperform” rating and a $355.00 price objective for the company. Citigroup boosted their price target on Air Products and Chemicals from $310.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, June 30th. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a research report on Wednesday. Wells Fargo & Company boosted their price target on Air Products and Chemicals from $320.00 to $345.00 and gave the stock an “overweight” rating in a research report on Monday, July 14th. Finally, Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued 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 company currently has a consensus rating of “Moderate Buy” and a consensus price target of $335.06.

Insider Buying and Selling at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total value of $397,344.42. Following the completion of the sale, the vice president owned 8,686 shares in the company, valued at $2,539,612.68. This represents a 13.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.41% of the stock is currently owned by company insiders.

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.