Air Products and Chemicals, Inc. $APD Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 14.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 639,489 shares of the basic materials company’s stock after purchasing an additional 81,270 shares during the quarter. ProShare Advisors LLC owned approximately 0.29% of Air Products and Chemicals worth $180,374,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of APD. Dodge & Cox lifted its holdings in Air Products and Chemicals by 31.5% during 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. raised its position in shares of Air Products and Chemicals by 1.4% during the 1st quarter. Raymond James Financial Inc. now owns 3,096,277 shares of the basic materials company’s stock worth $913,154,000 after acquiring an additional 43,695 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake 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 worth $425,202,000 after purchasing an additional 756,780 shares during the last quarter. Charles Schwab Investment Management Inc. boosted 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 purchasing an additional 19,237 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake 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 valued at $370,869,000 after purchasing an additional 52,679 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.3%

Shares of Air Products and Chemicals stock opened at $259.50 on Monday. The firm has a market cap of $57.75 billion, a price-to-earnings ratio of 37.34, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a 52-week low of $235.55 and a 52-week high of $341.14. The company’s 50-day simple moving average is $268.94 and its 200-day simple moving average is $278.25. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.56 EPS. 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. As a group, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered 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 objective on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Finally, UBS Group reduced their price objective on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $315.83.

About Air Products and Chemicals

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.