Quotient Wealth Partners LLC Has $256,000 Holdings in Air Products and Chemicals, Inc. $APD

Quotient Wealth Partners LLC trimmed its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 8.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 909 shares of the basic materials company’s stock after selling 86 shares during the period. Quotient Wealth Partners LLC’s holdings in Air Products and Chemicals were worth $256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Koshinski Asset Management Inc. grew its holdings in shares of Air Products and Chemicals by 1.8% during the second quarter. Koshinski Asset Management Inc. now owns 3,922 shares of the basic materials company’s stock worth $1,106,000 after purchasing an additional 71 shares during the last quarter. Huntleigh Advisors Inc. grew its holdings in Air Products and Chemicals by 4.5% during the 2nd quarter. Huntleigh Advisors Inc. now owns 8,703 shares of the basic materials company’s stock worth $2,455,000 after acquiring an additional 372 shares during the last quarter. Nicholson Wealth Management Group LLC raised its stake in shares of Air Products and Chemicals by 0.7% in the second quarter. Nicholson Wealth Management Group LLC now owns 5,272 shares of the basic materials company’s stock worth $1,487,000 after acquiring an additional 38 shares during the last quarter. Chevy Chase Trust Holdings LLC grew its stake in shares of Air Products and Chemicals by 0.7% during the second quarter. Chevy Chase Trust Holdings LLC now owns 120,950 shares of the basic materials company’s stock valued at $34,115,000 after purchasing an additional 868 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in shares of Air Products and Chemicals by 5.6% during the second quarter. Stratos Wealth Partners LTD. now owns 22,657 shares of the basic materials company’s stock valued at $6,391,000 after purchasing an additional 1,199 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Mizuho lifted their price objective on Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. UBS Group cut their target price 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. Finally, 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 research report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $330.00.

Insiders Place Their Bets

In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the transaction, 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 Securities & Exchange Commission, which is accessible through this link. Insiders own 0.41% of the company’s stock.

Air Products and Chemicals Stock Performance

APD stock opened at $253.32 on Monday. 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 current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The firm has a market cap of $56.38 billion, a PE ratio of 36.45, a P/E/G ratio of 5.26 and a beta of 0.83. The business’s 50-day moving average price is $281.60 and its two-hundred day moving average price is $279.43.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, July 31st. The basic materials company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same period in the prior year, the company earned $3.20 earnings per share. The company’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. As a group, research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current 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.