Air Products and Chemicals, Inc. $APD Stock Bought by Union Savings Bank

Union Savings Bank grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 9,231.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,706 shares of the basic materials company’s stock after buying an additional 2,677 shares during the period. Union Savings Bank’s holdings in Air Products and Chemicals were worth $737,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in APD. Essex LLC lifted its stake in Air Products and Chemicals by 173.4% in the third quarter. Essex LLC now owns 3,158 shares of the basic materials company’s stock valued at $866,000 after buying an additional 2,003 shares in the last quarter. Triumph Capital Management raised its position in Air Products and Chemicals by 960.0% in the 3rd quarter. Triumph Capital Management now owns 159 shares of the basic materials company’s stock valued at $44,000 after buying an additional 144 shares during the last quarter. Mitchell & Pahl Private Wealth LLC raised its position in Air Products and Chemicals by 34.4% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 13,724 shares of the basic materials company’s stock valued at $3,800,000 after buying an additional 3,512 shares during the last quarter. Sanders Morris Harris LLC lifted its stake in Air Products and Chemicals by 121.7% in the 3rd quarter. Sanders Morris Harris LLC now owns 4,578 shares of the basic materials company’s stock valued at $1,267,000 after acquiring an additional 2,513 shares in the last quarter. Finally, Adirondack Trust Co. lifted its stake in Air Products and Chemicals by 217.7% in the 3rd quarter. Adirondack Trust Co. now owns 1,061 shares of the basic materials company’s stock valued at $291,000 after acquiring an additional 727 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 1.2%

Shares of NYSE APD traded up $3.46 during trading hours on Wednesday, hitting $292.42. The company had a trading volume of 1,046,382 shares, compared to its average volume of 1,275,878. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The firm’s 50 day moving average is $293.95 and its 200-day moving average is $293.21. The stock has a market capitalization of $65.12 billion, a P/E ratio of -1,329.18, a price-to-earnings-growth ratio of 2.67 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the company earned $3.09 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, analysts expect that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wells Fargo & Company upped their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. UBS Group lowered their price objective on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Finally, Royal Bank Of Canada increased their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $334.71.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.