Air Products and Chemicals, Inc. $APD Holdings Lifted by Triad Wealth Partners LLC

Key Points

• Triad Wealth Partners LLC increased its holdings in Air Products and Chemicals by 98.6%, owning 2,556 shares now valued at $721,000. Other institutional investors have also boosted their stakes significantly during the second quarter.
• Air Products and Chemicals reported earnings of $3.09 per share, exceeding estimates, with a quarterly revenue of $3.02 billion. The company set its financial guidance for FY 2025 at 11.900-12.100 EPS.
• The firm announced a quarterly dividend of $1.79 per share, reflecting a 2.6% dividend yield, with a payout ratio of 103.02%. The dividend will be paid on November 10th.

Triad Wealth Partners LLC increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 98.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,556 shares of the basic materials company's stock after buying an additional 1,269 shares during the quarter. Triad Wealth Partners LLC's holdings in Air Products and Chemicals were worth $721,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Air Products and Chemicals by 11.9% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,049 shares of the basic materials company's stock valued at $8,194,000 after buying an additional 3,084 shares in the last quarter. Jmac Enterprises LLC grew its stake in Air Products and Chemicals by 17.2% in the second quarter. Jmac Enterprises LLC now owns 3,400 shares of the basic materials company's stock valued at $959,000 after purchasing an additional 500 shares in the last quarter. Syntax Research Inc. grew its stake in Air Products and Chemicals by 19.1% in the second quarter. Syntax Research Inc. now owns 2,405 shares of the basic materials company's stock valued at $678,000 after purchasing an additional 385 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in Air Products and Chemicals by 9.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 5,756 shares of the basic materials company's stock valued at $1,623,000 after purchasing an additional 503 shares in the last quarter. Finally, Access Financial Services Inc. grew its stake in Air Products and Chemicals by 2.7% in the second quarter. Access Financial Services Inc. now owns 5,190 shares of the basic materials company's stock valued at $1,464,000 after purchasing an additional 135 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Price Performance

NYSE APD opened at $270.58 on Friday. Air Products and Chemicals, Inc. has a twelve month low of $243.69 and a twelve month high of $341.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29. The stock has a market capitalization of $60.22 billion, a PE ratio of 38.93, a P/E/G ratio of 5.59 and a beta of 0.83. The stock has a 50-day simple moving average of $287.78 and a 200 day simple moving average of $281.91.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share 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 business had revenue of $3.02 billion during the quarter, compared to analysts' expectations of $2.95 billion. During the same quarter in the previous year, the firm earned $3.20 EPS. The firm's revenue 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. Research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Wednesday, October 1st will be given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, October 1st. Air Products and Chemicals's payout ratio is currently 103.02%.

Wall Street Analyst Weigh In

APD has been the topic of a number of recent research reports. Citigroup boosted their target price on Air Products and Chemicals from $310.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, June 30th. Wall Street Zen upgraded Air Products and Chemicals from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Mizuho boosted their target price on Air Products and Chemicals from $310.00 to $325.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Royal Bank Of Canada began coverage on Air Products and Chemicals in a research note on Friday, June 13th. They issued an "outperform" rating and a $355.00 target price on the stock. Finally, Wells Fargo & Company upped their price target on Air Products and Chemicals from $320.00 to $345.00 and gave the stock an "overweight" rating in a research note on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $335.06.

Insider Buying and Selling at Air Products and Chemicals

In related news, VP Victoria Brifo sold 1,359 shares of the business's 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 of the company's stock, valued at approximately $2,539,612.68. The trade was 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 hyperlink. Corporate insiders own 0.41% of the company's stock.

About Air Products and Chemicals

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.

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