Greenup Street Wealth Management LLC Grows Position in Air Products and Chemicals, Inc. $APD

Greenup Street Wealth Management LLC raised its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,496 shares of the basic materials company’s stock after acquiring an additional 185 shares during the quarter. Greenup Street Wealth Management LLC’s holdings in Air Products and Chemicals were worth $1,268,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of APD. Financial Connections Group Inc. increased its holdings in shares of Air Products and Chemicals by 46.7% in 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. Hamilton Capital LLC grew its stake in Air Products and Chemicals by 1.5% in the 1st quarter. Hamilton Capital LLC now owns 2,594 shares of the basic materials company’s stock worth $765,000 after acquiring an additional 38 shares in the last quarter. DB Fitzpatrick & Co Inc lifted its position in shares of Air Products and Chemicals by 1.0% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 3,860 shares of the basic materials company’s stock worth $1,089,000 after purchasing an additional 38 shares during the period. Nicholson Wealth Management Group LLC lifted its position in shares of Air Products and Chemicals by 0.7% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 5,272 shares of the basic materials company’s stock worth $1,487,000 after purchasing an additional 38 shares during the period. Finally, Kathmere Capital Management LLC lifted its position in shares of Air Products and Chemicals by 2.6% in the 1st quarter. Kathmere Capital Management LLC now owns 1,541 shares of the basic materials company’s stock worth $454,000 after purchasing an additional 39 shares during the period. 81.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. UBS Group decreased their price objective on shares of Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Finally, Mizuho raised their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $330.00.

Insider Buying and Selling at Air Products and Chemicals

In related news, VP Victoria Brifo sold 1,359 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total value of $397,344.42. Following the sale, the vice president directly owned 8,686 shares of the company’s stock, valued at approximately $2,539,612.68. This represents a 13.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is currently owned by company insiders.

Air Products and Chemicals Stock Up 0.3%

Shares of NYSE:APD opened at $254.05 on Tuesday. The company has a market capitalization of $56.54 billion, a PE ratio of 36.55, a P/E/G ratio of 5.26 and a beta of 0.83. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a twelve month low of $243.69 and a twelve month high of $341.14. The firm has a 50 day simple moving average of $281.00 and a 200-day simple moving average of $279.36.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, beating the consensus estimate of $2.99 by $0.10. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.95 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. Air Products and Chemicals’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.20 EPS. 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, equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

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.