Vise Technologies Inc. Invests $969,000 in Air Products and Chemicals, Inc. $APD

Vise Technologies Inc. acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD) during the second quarter, Holdings Channel reports. The fund acquired 3,435 shares of the basic materials company’s stock, valued at approximately $969,000.

Several other hedge funds also recently added to or reduced their stakes in APD. Dodge & Cox raised its position in Air Products and Chemicals by 31.5% in the first quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock valued at $2,583,417,000 after purchasing an additional 2,096,568 shares during the period. Raymond James Financial Inc. increased 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 purchasing an additional 43,695 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Air Products and Chemicals by 110.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,441,752 shares of the basic materials company’s stock valued at $425,202,000 after buying an additional 756,780 shares during the period. Charles Schwab Investment Management Inc. lifted its position 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 buying an additional 19,237 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Air Products and Chemicals by 4.4% during 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 worth $370,869,000 after buying an additional 52,679 shares during the period. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $263.26 on Friday. 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, Inc. has a 52-week low of $235.55 and a 52-week high of $341.14. The firm has a market cap of $58.59 billion, a PE ratio of 37.88, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The company’s 50 day moving average is $266.49 and its two-hundred day moving average is $277.91.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The business 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 company’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.56 earnings per share. 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.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on APD. Mizuho set a $300.00 price target on shares of Air Products and Chemicals in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. Evercore ISI dropped their target price on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Finally, 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 research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $313.75.

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.