16,330 Shares in Air Products and Chemicals, Inc. $APD Bought by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners LLC acquired 16,330 shares of Air Products and Chemicals during the third quarter, valued at approximately $4.46 million. Institutional investors and hedge funds collectively own 81.66% of the company.
• Analysts maintain a positive outlook, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $333.56, above its reported opening price of $277.91.
• Air Products reported quarterly EPS of $3.47, beating expectations of $3.34, while revenue rose 4.6% year over year to $3.16 billion. The company also declared a quarterly dividend of $1.81 per share, equivalent to a 2.6% annualized yield.

Venture Visionary Partners LLC acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,330 shares of the basic materials company's stock, valued at approximately $4,459,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new stake in Air Products and Chemicals in the first quarter valued at $25,000. Fiduciary Financial Advisors purchased a new position in shares of Air Products and Chemicals in the second quarter valued at $25,000. Cornerstone Planning Group LLC raised its stake in shares of Air Products and Chemicals by 318.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company's stock worth $28,000 after buying an additional 70 shares during the last quarter. Main Street Group LTD purchased a new stake in shares of Air Products and Chemicals in the 1st quarter worth about $27,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of Air Products and Chemicals in the 3rd quarter worth about $30,000. 81.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on APD shares. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Argus upped their price target on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a "buy" rating in a report on Wednesday, September 9th. Mizuho increased their price target on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an "outperform" rating in a research report on Friday, July 31st. Royal Bank Of Canada raised their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an "outperform" rating in a research note on Thursday, August 6th. Finally, Wells Fargo & Company lifted their price objective on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $333.56.

Air Products and Chemicals Trading Down 1.1%

Air Products and Chemicals stock opened at $277.91 on Thursday. The stock has a 50-day moving average price of $295.02 and a 200 day moving average price of $293.25. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The stock has a market cap of $61.89 billion, a PE ratio of -1,263.21, a P/E/G ratio of 2.64 and a beta of 0.76. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD - Get Free Report) last released its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the firm earned $3.09 EPS. The firm's quarterly revenue was up 4.6% on a year-over-year basis. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. Equities research analysts predict that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. Air Products and Chemicals's dividend payout ratio is presently -3,290.91%.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

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