180 Wealth Advisors LLC Acquires 280 Shares of Air Products and Chemicals, Inc. $APD

180 Wealth Advisors LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,860 shares of the basic materials company’s stock after acquiring an additional 280 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $2,217,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in shares of Air Products and Chemicals in the 1st quarter valued at about $25,000. Saudi Central Bank acquired a new position in shares of Air Products and Chemicals during the first quarter worth $26,000. Cheviot Value Management LLC purchased a new stake in shares of Air Products and Chemicals during the 1st quarter valued at $27,000. Financial Connections Group Inc. grew its stake in Air Products and Chemicals by 46.7% during the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after buying an additional 35 shares during the last quarter. Finally, Citizens National Bank Trust Department increased its position in Air Products and Chemicals by 833.3% during the 1st quarter. Citizens National Bank Trust Department now owns 112 shares of the basic materials company’s stock valued at $33,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Buying and Selling

In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total value of $397,344.42. Following the sale, the vice president owned 8,686 shares in the company, valued at approximately $2,539,612.68. This represents a 13.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

APD has been the subject of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday, October 8th. Mizuho lifted their target price on shares of Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. UBS Group cut their price target on shares of Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $330.00.

Read Our Latest Research Report on APD

Air Products and Chemicals Stock Up 0.7%

NYSE:APD opened at $254.99 on Friday. The firm has a market capitalization of $56.75 billion, a P/E ratio of 36.69, a PEG ratio of 5.26 and a beta of 0.83. The company’s fifty day moving average price is $278.74 and its 200-day moving average price is $278.98. Air Products and Chemicals, Inc. has a 1-year low of $243.69 and a 1-year high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12.

Air Products and Chemicals (NYSE:APDGet Free Report) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same quarter last year, the business posted $3.20 EPS. The company’s revenue was up 1.2% on a year-over-year basis. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. As a group, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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