Candriam S.C.A. Sells 18,546 Shares of Air Products and Chemicals, Inc. $APD

Candriam S.C.A. reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 27.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,118 shares of the basic materials company’s stock after selling 18,546 shares during the quarter. Candriam S.C.A.’s holdings in Air Products and Chemicals were worth $13,573,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Brighton Jones LLC raised its holdings in Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after buying an additional 412 shares during the period. Bison Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the fourth quarter worth $245,000. CWM LLC lifted its position in Air Products and Chemicals by 0.8% in the 1st quarter. CWM LLC now owns 6,822 shares of the basic materials company’s stock valued at $2,012,000 after acquiring an additional 54 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Air Products and Chemicals by 9.3% in the 1st quarter. Wealthfront Advisers LLC now owns 15,958 shares of the basic materials company’s stock worth $4,706,000 after purchasing an additional 1,357 shares during the period. Finally, Bridgewater Advisors Inc. bought a new position in Air Products and Chemicals during the 1st quarter worth about $261,000. Institutional investors own 81.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on APD. Royal Bank Of Canada reduced their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. UBS Group lowered their price objective on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a report on Friday, November 7th. The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Finally, Weiss Ratings reaffirmed 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 issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $313.75.

Air Products and Chemicals Price Performance

NYSE:APD opened at $263.26 on Friday. The stock has a market capitalization of $58.59 billion, a PE ratio of 37.88, 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 has a fifty day simple moving average of $266.49 and a 200 day simple moving average of $277.91. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $3.18 billion. During the same period in the prior year, the firm posted $3.56 earnings per share. The company’s quarterly 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. On average, research analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

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.