17,810 Shares in Air Products and Chemicals, Inc. $APD Bought by Wealthfront Advisers LLC

Key Points

• Wealthfront Advisers acquired 17,810 shares of Air Products and Chemicals in the second quarter, valued at approximately $5.22 million. Institutional investors and hedge funds collectively own 81.66% of APD.
• Air Products reported quarterly EPS of $3.47, exceeding analysts’ $3.34 estimate, while revenue reached $3.16 billion and increased 4.6% year over year. The company reaffirmed fiscal 2026 EPS guidance of $13.39–$13.49.
• Air Products declared a quarterly dividend of $1.81 per share, equal to $7.24 annually and a 2.4% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $332.76, above the reported $299.67 share price.

Wealthfront Advisers LLC purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 17,810 shares of the basic materials company's stock, valued at approximately $5,222,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in APD. Cary Street Partners Financial LLC lifted its position in shares of Air Products and Chemicals by 2.2% during the 4th quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company's stock valued at $399,000 after acquiring an additional 35 shares during the period. Revisor Wealth Management LLC grew its holdings in Air Products and Chemicals by 0.8% in the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company's stock worth $1,320,000 after purchasing an additional 36 shares during the period. StoneX Group Inc. increased its stake in Air Products and Chemicals by 1.3% in the fourth quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company's stock valued at $688,000 after purchasing an additional 36 shares in the last quarter. CYBER HORNET ETFs LLC increased its position in Air Products and Chemicals by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company's stock valued at $159,000 after buying an additional 37 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft boosted its holdings in Air Products and Chemicals by 0.7% in the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company's stock worth $1,463,000 after acquiring an additional 37 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Trading Down 1.2%

NYSE:APD opened at $299.67 on Friday. The company has a market cap of $66.73 billion, a P/E ratio of -1,362.14, a P/E/G ratio of 2.63 and a beta of 0.73. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock's fifty day moving average price is $295.34 and its two-hundred day moving average price is $290.65.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. The company had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. Air Products and Chemicals's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.09 earnings per share. 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. As a group, analysts expect that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals's dividend payout ratio is -3,290.91%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on APD shares. Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Mizuho boosted their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $373.00 target price on shares of Air Products and Chemicals in a report on Friday, July 31st. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $332.76.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company's product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.

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