Air Products and Chemicals, Inc. $APD Shares Purchased by Atlas Brown Inc.

Key Points

• Atlas Brown Inc. increased its Air Products and Chemicals position by 451.9% in the third quarter, acquiring 5,942 additional shares for a total holding valued at approximately $1.98 million. Institutional investors collectively own 81.66% of the company.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $333.56, compared with the stock’s reported opening price of $281.47.
• Air Products exceeded quarterly earnings expectations with EPS of $3.47 versus the $3.34 consensus estimate, while revenue rose 4.6% year over year. The company also declared a quarterly dividend of $1.81 per share, representing a 2.6% annualized yield.

Atlas Brown Inc. grew its position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 451.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,257 shares of the basic materials company's stock after acquiring an additional 5,942 shares during the quarter. Atlas Brown Inc.'s holdings in Air Products and Chemicals were worth $1,983,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Gamco Investors INC. ET AL increased its stake in shares of Air Products and Chemicals by 0.9% in the second quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company's stock valued at $1,147,000 after purchasing an additional 35 shares during the period. Revisor Wealth Management LLC grew its holdings in Air Products and Chemicals by 0.8% in the 1st quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company's stock worth $1,320,000 after buying an additional 36 shares in the last quarter. Baader Bank Aktiengesellschaft grew its holdings in Air Products and Chemicals by 0.7% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company's stock worth $1,463,000 after buying an additional 37 shares in the last quarter. Northcape Wealth Management LLC increased its position in Air Products and Chemicals by 0.4% in the 2nd quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company's stock valued at $2,566,000 after acquiring an additional 37 shares during the period. Finally, Planning Strategies Inc. raised its stake in 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 acquiring an additional 38 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Royal Bank Of Canada increased their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an "outperform" rating in a research note on Thursday, August 6th. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Citigroup decreased their target price on shares of Air Products and Chemicals from $330.00 to $312.00 and set a "neutral" rating for the company in a research report on Wednesday. KeyCorp assumed coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They set a "sector weight" rating on the stock. Finally, Evercore reaffirmed an "outperform" rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $333.56.

Air Products and Chemicals Stock Up 1.1%

Shares of Air Products and Chemicals stock opened at $281.47 on Friday. 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 market cap of $62.68 billion, a P/E ratio of -1,279.40, a P/E/G 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. The stock has a 50-day moving average price of $294.30 and a 200 day moving average price of $293.14.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts' consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the company earned $3.09 EPS. The firm's quarterly revenue was up 4.6% on a year-over-year basis. 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 13.46 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend 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 (DPR) 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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