Kestra Advisory Services LLC lifted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 93.7% during the third quarter, Holdings Channel reports. The firm owned 50,184 shares of the basic materials company’s stock after acquiring an additional 24,271 shares during the period. Kestra Advisory Services LLC’s holdings in Air Products and Chemicals were worth $13,963,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of APD. Fiduciary Financial Advisors bought a new position in Air Products and Chemicals in the 2nd quarter valued at $25,000. Main Street Group LTD bought a new stake in shares of Air Products and Chemicals during the 1st quarter worth $27,000. Cornerstone Planning Group LLC boosted its holdings in shares of Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after buying an additional 70 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. grew its position in Air Products and Chemicals by 77.6% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock valued at $28,000 after buying an additional 45 shares during the period. Finally, Retirement Wealth Solutions LLC bought a new position in Air Products and Chemicals during the third quarter valued at about $30,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.
Air Products and Chemicals News Roundup
Here are the key news stories impacting Air Products and Chemicals this week:
- Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
- Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
- Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
- Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
- Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.
Analysts Set New Price Targets
A number of research firms recently issued reports on APD. Barclays decreased their price objective on shares of Air Products and Chemicals from $353.00 to $346.00 and set an “overweight” rating for the company in a report on Friday. Citigroup reduced their target price on shares of Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, October 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Finally, UBS Group lowered their price target 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $334.24.
View Our Latest Research Report on APD
Air Products and Chemicals Trading Down 0.1%
Shares of APD opened at $304.61 on Monday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $324.00. The stock has a market cap of $67.83 billion, a PE ratio of 127.99, a P/E/G ratio of 2.89 and a beta of 0.67. The company has a quick ratio of 0.91, a current ratio of 1.07 and a debt-to-equity ratio of 0.98. The business’s 50-day moving average price is $294.94 and its 200-day moving average price is $290.92.
Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The basic materials company reported $3.61 EPS for the quarter, meeting analysts’ consensus estimates of $3.61. The company had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.33 billion. Air Products and Chemicals had a net margin of 4.10% and a return on equity of 17.19%. Air Products and Chemicals’s revenue was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $3.39 earnings per share. On average, equities analysts forecast that Air Products and Chemicals, Inc. will post 14.32 EPS for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, February 8th. Shareholders of record on Monday, January 4th will be issued a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 304.20%.
Air Products and Chemicals Company Profile
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