Jump Financial LLC Has $6.25 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

Key Points

• Jump Financial LLC increased its stake in Air Products and Chemicals, purchasing an additional 2,158 shares, bringing its total holdings to 21,190 shares valued at approximately $6.25 million.
• Various institutional investors have made significant moves with Air Products, including a 3,560% increase in holdings by Caitong International Asset Management, indicating strong institutional interest.
• The company announced a quarterly dividend of $1.79 per share with an annualized basis yield of 2.4%, despite a payout ratio exceeding 103%.

Jump Financial LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 11.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,190 shares of the basic materials company's stock after buying an additional 2,158 shares during the quarter. Jump Financial LLC's holdings in Air Products and Chemicals were worth $6,249,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Smartleaf Asset Management LLC grew its position in shares of Air Products and Chemicals by 2.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,693 shares of the basic materials company's stock worth $787,000 after buying an additional 70 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Air Products and Chemicals by 2.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 22,247 shares of the basic materials company's stock valued at $6,561,000 after purchasing an additional 456 shares in the last quarter. Elwood Capital Partners LP bought a new position in shares of Air Products and Chemicals during the 1st quarter valued at about $2,212,000. Allstate Corp lifted its holdings in shares of Air Products and Chemicals by 21.4% during the 1st quarter. Allstate Corp now owns 8,021 shares of the basic materials company's stock valued at $2,366,000 after purchasing an additional 1,413 shares in the last quarter. Finally, Compound Planning Inc. lifted its holdings in shares of Air Products and Chemicals by 5.4% during the 1st quarter. Compound Planning Inc. now owns 2,509 shares of the basic materials company's stock valued at $740,000 after purchasing an additional 128 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Down 0.3%

Shares of NYSE:APD traded down $0.82 during trading on Friday, hitting $294.20. 283,993 shares of the company were exchanged, compared to its average volume of 1,275,008. The stock has a market cap of $65.47 billion, a price-to-earnings ratio of 42.33, a P/E/G ratio of 6.57 and a beta of 0.81. Air Products and Chemicals, Inc. has a fifty-two week low of $243.69 and a fifty-two week high of $341.14. The firm has a fifty day moving average price of $290.14 and a two-hundred day moving average price of $286.24. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.95 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.20 EPS. 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. As a group, research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Wednesday, October 1st will be issued a dividend of $1.79 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals's payout ratio is presently 103.02%.

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 that occurred on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the transaction, the vice president directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.41% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on APD shares. Mizuho lifted their price objective on Air Products and Chemicals from $310.00 to $325.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Citigroup lifted their price objective on Air Products and Chemicals from $310.00 to $320.00 and gave the company a "buy" rating in a report on Monday, June 30th. Wall Street Zen upgraded Air Products and Chemicals from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. Barclays cut their price objective on Air Products and Chemicals from $355.00 to $325.00 and set an "overweight" rating on the stock in a report on Friday, May 2nd. Finally, UBS Group boosted their target price on Air Products and Chemicals from $328.00 to $344.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $335.07.

Air Products and Chemicals Profile

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.