Air Products and Chemicals, Inc. $APD Shares Bought by CoreCap Advisors LLC

Key Points

• CoreCap Advisors dramatically increased its Air Products and Chemicals stake by 3,895.4% in the third quarter, ending with 6,952 shares valued at approximately $1.89 million. Institutional investors collectively own 81.66% of APD.
• Air Products reported quarterly EPS of $3.47, exceeding analyst expectations of $3.34, while revenue reached $3.16 billion and rose 4.6% year over year. The company issued fiscal 2026 EPS guidance of $13.39 to $13.49.
• Air Products declared a quarterly dividend of $1.81 per share, equivalent to $7.24 annually and a 2.6% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $333.56.

CoreCap Advisors LLC lifted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 3,895.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,952 shares of the basic materials company's stock after acquiring an additional 6,778 shares during the quarter. CoreCap Advisors LLC's holdings in Air Products and Chemicals were worth $1,893,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in APD. Evolution Wealth Management Inc. acquired a new position in shares of Air Products and Chemicals during the first quarter valued at about $25,000. Fiduciary Financial Advisors bought a new stake in Air Products and Chemicals during the 2nd quarter worth about $25,000. Cornerstone Planning Group LLC raised its position in shares of Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 70 shares during the period. Main Street Group LTD bought a new stake in Air Products and Chemicals during the 1st quarter worth approximately $27,000. Finally, MJT & Associates Financial Advisory Group Inc. boosted its position in shares of Air Products and Chemicals by 77.6% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company's stock worth $28,000 after buying an additional 45 shares during the period. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Performance

APD stock opened at $281.47 on Friday. The stock's 50 day simple moving average is $294.30 and its 200 day simple moving average is $293.14. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The stock has a market capitalization of $62.68 billion, a PE ratio of -1,279.40, a price-to-earnings-growth ratio of 2.62 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 announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (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 analyst estimates 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%. The firm's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $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, research 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 disclosed 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. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals's payout ratio is -3,290.91%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on APD. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a report on Monday, August 3rd. UBS Group dropped their price objective on Air Products and Chemicals from $336.00 to $305.00 and set a "neutral" rating on the stock in a research note on Monday. Deutsche Bank Aktiengesellschaft reissued 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. KeyCorp started coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They set a "sector weight" rating for the company. Finally, Argus increased their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a "buy" rating in a research note on Wednesday, September 9th. 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 company. According to data from MarketBeat, Air Products and Chemicals presently has a consensus rating of "Moderate Buy" and an average target price of $333.56.

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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