Midwest Trust Co Makes New $13.86 Million Investment in Air Products and Chemicals, Inc. $APD

Midwest Trust Co purchased a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the 2nd quarter, HoldingsChannel reports. The fund purchased 49,126 shares of the basic materials company’s stock, valued at approximately $13,856,000.

Several other institutional investors have also recently made changes to their positions in APD. West Oak Capital LLC raised its holdings in shares of Air Products and Chemicals by 12.2% in the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock worth $3,050,000 after acquiring an additional 1,180 shares during the last quarter. Chapin Davis Inc. boosted its stake in Air Products and Chemicals by 16.1% during the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after purchasing an additional 1,551 shares during the last quarter. Revisor Wealth Management LLC increased its holdings in Air Products and Chemicals by 110.4% during the 2nd quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock worth $966,000 after purchasing an additional 1,713 shares in the last quarter. Norden Group LLC raised its stake in shares of Air Products and Chemicals by 167.3% in the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after purchasing an additional 3,630 shares during the last quarter. Finally, Aberdeen Group plc lifted its holdings in shares of Air Products and Chemicals by 4.1% in the second quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after purchasing an additional 4,492 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.3%

NYSE APD opened at $259.50 on Monday. The business’s fifty day moving average is $268.94 and its 200-day moving average is $278.25. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The stock has a market capitalization of $57.75 billion, a price-to-earnings ratio of 37.34, a PEG ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a one year low of $235.55 and a one year high of $341.14.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the company posted $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. Equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Analyst Upgrades and Downgrades

APD has been the subject of several recent research reports. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Royal Bank Of Canada dropped their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday. Mizuho set a $300.00 target price on shares of Air Products and Chemicals in a research note on Friday. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Finally, JPMorgan Chase & Co. cut their price target on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $315.83.

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.