Air Products and Chemicals, Inc. $APD Shares Sold by MGO One Seven LLC

MGO One Seven LLC reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,894 shares of the basic materials company’s stock after selling 289 shares during the period. MGO One Seven LLC’s holdings in Air Products and Chemicals were worth $4,483,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in APD. LRI Investments LLC increased its holdings in Air Products and Chemicals by 2.2% in the 2nd quarter. LRI Investments LLC now owns 3,093 shares of the basic materials company’s stock worth $872,000 after acquiring an additional 66 shares in the last quarter. SPC Financial Inc. grew its position in shares of Air Products and Chemicals by 0.8% in the second quarter. SPC Financial Inc. now owns 6,893 shares of the basic materials company’s stock valued at $1,944,000 after purchasing an additional 56 shares during the period. CWM LLC increased its stake in shares of Air Products and Chemicals by 9.4% during the second quarter. CWM LLC now owns 7,461 shares of the basic materials company’s stock worth $2,104,000 after purchasing an additional 639 shares in the last quarter. Franklin Parlapiano Turner & Welch LLC raised its position in shares of Air Products and Chemicals by 1.1% during the 2nd quarter. Franklin Parlapiano Turner & Welch LLC now owns 28,552 shares of the basic materials company’s stock worth $8,053,000 after purchasing an additional 298 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Air Products and Chemicals by 14.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 30,566 shares of the basic materials company’s stock valued at $8,624,000 after buying an additional 3,769 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Trading Up 1.3%

Shares of APD stock opened at $260.53 on Tuesday. Air Products and Chemicals, Inc. has a 1-year low of $243.69 and a 1-year high of $341.14. The firm has a market cap of $57.98 billion, a PE ratio of 37.49, a price-to-earnings-growth ratio of 5.33 and a beta of 0.83. The company has a 50-day moving average of $284.27 and a two-hundred day moving average of $280.41. 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:APD) last issued its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same period in the prior year, the business posted $3.20 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. 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. On average, analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Wednesday, October 1st will be issued a $1.79 dividend. This represents a $7.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s payout ratio is currently 103.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Wells Fargo & Company increased their target price on Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a report on Monday, July 14th. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a report on Wednesday, October 1st. Citigroup dropped their target price on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a report on Monday, October 6th. Mizuho increased their target price on shares of Air Products and Chemicals from $310.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Finally, UBS Group lowered 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 report on Monday, October 6th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and a consensus price target of $330.00.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of Air Products and Chemicals stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total value of $397,344.42. Following the completion of the transaction, the vice president directly owned 8,686 shares of the company’s stock, valued at $2,539,612.68. The trade was a 13.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.41% of the company’s stock.

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.