180 Wealth Advisors LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,860 shares of the basic materials company’s stock after acquiring an additional 280 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $2,217,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in shares of Air Products and Chemicals in the 1st quarter valued at about $25,000. Saudi Central Bank acquired a new position in shares of Air Products and Chemicals during the first quarter worth $26,000. Cheviot Value Management LLC purchased a new stake in shares of Air Products and Chemicals during the 1st quarter valued at $27,000. Financial Connections Group Inc. grew 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 buying an additional 35 shares during the last quarter. Finally, Citizens National Bank Trust Department increased 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 buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.
Insider Buying and Selling
In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of the company’s stock in a transaction that occurred 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 sale, the vice president owned 8,686 shares in the company, valued at approximately $2,539,612.68. This represents a 13.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Research Report on APD
Air Products and Chemicals Stock Up 0.7%
NYSE:APD opened at $254.99 on Friday. The firm has a market capitalization of $56.75 billion, a P/E ratio of 36.69, a PEG ratio of 5.26 and a beta of 0.83. The company’s fifty day moving average price is $278.74 and its 200-day moving average price is $278.98. Air Products and Chemicals, Inc. has a 1-year low of $243.69 and a 1-year high of $341.14. 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 – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same quarter last year, the business posted $3.20 EPS. The company’s revenue was up 1.2% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current 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.
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