Air Products and Chemicals, Inc. $APD Stock Holdings Increased by Everhart Financial Group Inc.

Key Points

• Everhart Financial Group increased its Air Products and Chemicals position by 379.1% in the third quarter, bringing its holdings to 5,903 shares valued at approximately $1.615 million. Institutional investors collectively own 81.66% of APD.
• Air Products reported quarterly EPS of $3.47, exceeding the $3.34 analyst consensus, while revenue rose 4.6% year over year to $3.16 billion. The company reaffirmed fiscal 2026 EPS guidance of $13.39–$13.49.
• Air Products declared a quarterly dividend of $1.81, equivalent to $7.24 annually and a 2.6% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $333.56, above the reported share price of $277.99.

Everhart Financial Group Inc. boosted its position in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 379.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,903 shares of the basic materials company's stock after purchasing an additional 4,671 shares during the quarter. Everhart Financial Group Inc.'s holdings in Air Products and Chemicals were worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of APD. Gamco Investors INC. ET AL raised its stake in 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 buying an additional 35 shares in the last quarter. Revisor Wealth Management LLC raised 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 acquiring an additional 36 shares in the last quarter. Baader Bank Aktiengesellschaft raised its position 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 acquiring an additional 37 shares in the last quarter. Northcape Wealth Management LLC boosted its holdings in Air Products and Chemicals by 0.4% in the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company's stock valued at $2,566,000 after purchasing an additional 37 shares in the last quarter. Finally, Planning Strategies Inc. raised its holdings in Air Products and Chemicals by 10.7% during the third quarter. Planning Strategies Inc. now owns 393 shares of the basic materials company's stock worth $109,000 after purchasing an additional 38 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company's stock.

Air Products and Chemicals Stock Performance

Shares of NYSE APD traded down $0.13 during mid-day trading on Thursday, hitting $277.99. 260,136 shares of the company were exchanged, compared to its average volume of 1,282,368. The stock has a 50 day simple moving average of $295.02 and a 200-day simple moving average of $293.25. 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 quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The firm has a market cap of $61.91 billion, a price-to-earnings ratio of -1,262.80, a price-to-earnings-growth ratio of 2.64 and a beta of 0.76.

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 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 analyst estimates of $3.20 billion. During the same quarter in the previous year, the company earned $3.09 EPS. The firm's revenue for the quarter was up 4.6% compared to the same quarter last year. 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 EPS 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. Investors of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. Air Products and Chemicals's dividend payout ratio (DPR) is -3,290.91%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Argus increased their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a "buy" rating in a research report on Wednesday, September 9th. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a research note on Monday, August 3rd. Sanford C. Bernstein reaffirmed 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. 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, Mizuho raised their price objective on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus 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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