25,434 Air Products and Chemicals, Inc. $APD Shares Purchased by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors significantly increased its Air Products and Chemicals position by 25,434 shares, or 348%, to 32,743 shares valued at approximately $8.95 million. Institutional investors collectively own 81.66% of APD.
• Analysts maintain a positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $333.56; price targets range from $320 to $373.
• Air Products reported quarterly EPS of $3.47, exceeding estimates of $3.34, while revenue reached $3.16 billion. The company also declared a quarterly dividend of $1.81 per share, equivalent to an annualized $7.24 dividend and a 2.6% yield.

Farther Finance Advisors LLC lifted its position in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 348.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,743 shares of the basic materials company's stock after buying an additional 25,434 shares during the period. Farther Finance Advisors LLC's holdings in Air Products and Chemicals were worth $8,951,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Gamco Investors INC. ET AL increased its stake in Air Products and Chemicals by 0.9% during the second quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company's stock worth $1,147,000 after acquiring an additional 35 shares during the last quarter. Revisor Wealth Management LLC boosted its position in shares of Air Products and Chemicals by 0.8% during the 1st 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 in the last quarter. Baader Bank Aktiengesellschaft increased its stake in shares of Air Products and Chemicals by 0.7% during the 1st quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company's stock worth $1,463,000 after purchasing an additional 37 shares in the last quarter. Northcape Wealth Management LLC boosted its holdings in shares of Air Products and Chemicals by 0.4% during the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company's stock worth $2,566,000 after purchasing an additional 37 shares during the last quarter. Finally, Planning Strategies Inc. grew its stake in shares of Air Products and Chemicals by 10.7% during the 3rd quarter. Planning Strategies Inc. now owns 393 shares of the basic materials company's stock valued at $109,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 81.66% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on APD shares. Royal Bank Of Canada lifted their target price on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an "outperform" rating in a research report on Thursday, August 6th. Evercore restated an "outperform" rating and set a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Sanford C. Bernstein restated an "outperform" rating and set a $373.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. One 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. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $333.56.

Air Products and Chemicals Stock Up 1.1%

NYSE:APD opened at $281.47 on Friday. The firm has a market capitalization of $62.68 billion, a price-to-earnings ratio of -1,279.40, a PEG ratio of 2.62 and a beta of 0.76. 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 current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The business's fifty day moving average price is $294.30 and its 200 day moving average price is $293.14.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping analysts' consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The business's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company posted $3.09 EPS. 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. On average, sell-side analysts forecast 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 business also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. Air Products and Chemicals's dividend payout ratio is presently -3,290.91%.

About Air Products and Chemicals

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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