Thurston Springer Miller Herd & Titak Inc. Has $280,000 Stake in Air Products and Chemicals, Inc. $APD

Thurston Springer Miller Herd & Titak Inc. lowered its position in Air Products and Chemicals, Inc. (NYSE:APD) by 92.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,028 shares of the basic materials company’s stock after selling 11,782 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Air Products and Chemicals were worth $280,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Financial Connections Group Inc. boosted its stake in Air Products and Chemicals by 46.7% in the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares in the last quarter. Meadow Creek Wealth Advisors LLC raised its holdings in shares of Air Products and Chemicals by 1.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after buying an additional 35 shares during the last quarter. YANKCOM Partnership raised its holdings in shares of Air Products and Chemicals by 1.3% in the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after buying an additional 35 shares during the last quarter. Atlatl Advisers LLC lifted its position in Air Products and Chemicals by 2.5% during the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after buying an additional 37 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC grew its holdings in Air Products and Chemicals by 7.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after acquiring an additional 37 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on APD shares. Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. Sanford C. Bernstein reissued an “outperform” rating on shares of Air Products and Chemicals in a report on Tuesday, December 9th. Wall Street Zen cut shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday. UBS Group downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. Finally, Evercore ISI lowered their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus target price of $298.47.

Air Products and Chemicals Trading Down 1.1%

APD opened at $242.33 on Wednesday. The firm has a 50 day simple moving average of $253.38 and a 200 day simple moving average of $274.68. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $341.14. The company has a market cap of $53.94 billion, a price-to-earnings ratio of -136.14, a price-to-earnings-growth ratio of 2.41 and a beta of 0.86. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the firm earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.0%. Air Products and Chemicals’s dividend payout ratio is -402.25%.

Air Products and Chemicals Company 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.