Air Products and Chemicals, Inc. $APD Stock: Kestra Advisory Services LLC Boosts Holdings

Key Points

• Kestra Advisory Services increased its Air Products and Chemicals stake by 93.7% in the third quarter, to 50,184 shares valued at about $14.0 million. Institutional investors and hedge funds own 81.66% of the stock.
• Analysts maintain a broadly positive outlook: the stock has a consensus “Moderate Buy” rating and a $334.24 average price target, with recent target increases from RBC and Mizuho.
• Quarterly earnings matched estimates at $3.61 per share, while revenue rose 12.3% year over year to $3.56 billion, beating forecasts. The company announced a $1.81 quarterly dividend, equivalent to a 2.4% yield.

Kestra Advisory Services LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 93.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,184 shares of the basic materials company's stock after purchasing an additional 24,271 shares during the period. Kestra Advisory Services LLC's holdings in Air Products and Chemicals were worth $13,963,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its position in shares of Air Products and Chemicals by 277.4% during the second quarter. State Street Corp now owns 38,161,451 shares of the basic materials company's stock worth $10,597,451,000 after acquiring an additional 28,050,956 shares during the last quarter. BlackRock Inc. bought a new stake in Air Products and Chemicals in the second quarter valued at approximately $5,370,093,000. Bank of America Corp DE acquired a new stake in Air Products and Chemicals during the 2nd quarter valued at approximately $1,216,976,000. Envestnet Asset Management Inc. increased its position in Air Products and Chemicals by 326.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company's stock valued at $927,010,000 after purchasing an additional 2,563,873 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Air Products and Chemicals during the 2nd quarter worth approximately $495,201,000. 81.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

APD has been the topic of a number of recent analyst reports. Royal Bank Of Canada boosted their price target on shares of Air Products and Chemicals from $346.00 to $359.00 and gave the stock an "outperform" rating in a research report on Friday. Mizuho lifted their target price on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Barclays lowered their price objective on Air Products and Chemicals from $353.00 to $346.00 and set an "overweight" rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Finally, Wells Fargo & Company upped their target price on Air Products and Chemicals from $340.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $334.24.

Air Products and Chemicals Stock Performance

NYSE APD opened at $304.61 on Monday. The company has a fifty day simple moving average of $294.94 and a 200 day simple moving average of $290.92. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $324.00. The company has a current ratio of 1.07, a quick ratio of 0.91 and a debt-to-equity ratio of 0.98. The company has a market cap of $67.83 billion, a P/E ratio of 127.99, a PEG ratio of 2.89 and a beta of 0.67.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The basic materials company reported $3.61 EPS for the quarter, meeting analysts' consensus estimates of $3.61. Air Products and Chemicals had a net margin of 4.10% and a return on equity of 17.19%. The business had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the previous year, the business posted $3.39 EPS. Air Products and Chemicals's quarterly revenue was up 12.3% on a year-over-year basis. Sell-side analysts predict that Air Products and Chemicals, Inc. will post 14.32 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, February 8th. Investors of record on Monday, January 4th will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Monday, January 4th. Air Products and Chemicals's dividend payout ratio is currently 304.20%.

Air Products and Chemicals News Summary

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
• Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
• Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
• Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
• Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.

About Air Products and Chemicals

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