Capital Analysts LLC Has $11.46 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

Key Points

• Capital Analysts LLC increased its stake in Air Products and Chemicals by 5.3% to a total of 38,852 shares, worth approximately $11.46 million.
• The company reported earnings of $3.09 per share for the last quarter, surpassing expectations and generating a revenue of $3.02 billion.
• Air Products and Chemicals is set to pay a quarterly dividend of $1.79 on November 10th, resulting in an annualized yield of 2.5%.

Capital Analysts LLC lifted its position in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 5.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 38,852 shares of the basic materials company's stock after purchasing an additional 1,947 shares during the quarter. Capital Analysts LLC's holdings in Air Products and Chemicals were worth $11,458,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP lifted its stake in Air Products and Chemicals by 2.3% in the fourth quarter. Baker Avenue Asset Management LP now owns 1,540 shares of the basic materials company's stock valued at $447,000 after buying an additional 34 shares in the last quarter. West Branch Capital LLC raised its holdings in shares of Air Products and Chemicals by 10.2% during the first quarter. West Branch Capital LLC now owns 421 shares of the basic materials company's stock worth $124,000 after acquiring an additional 39 shares during the period. Kathmere Capital Management LLC lifted its position in Air Products and Chemicals by 2.6% in the 1st quarter. Kathmere Capital Management LLC now owns 1,541 shares of the basic materials company's stock valued at $454,000 after acquiring an additional 39 shares in the last quarter. Ferguson Wellman Capital Management Inc. boosted its stake in Air Products and Chemicals by 1.6% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 2,499 shares of the basic materials company's stock worth $737,000 after purchasing an additional 40 shares during the period. Finally, Stableford Capital II LLC increased its holdings in Air Products and Chemicals by 1.3% during the 1st quarter. Stableford Capital II LLC now owns 3,222 shares of the basic materials company's stock worth $950,000 after purchasing an additional 41 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Trading Up 0.6%

Shares of Air Products and Chemicals stock opened at $290.0110 on Wednesday. The stock has a market cap of $64.54 billion, a P/E ratio of 41.73, a P/E/G ratio of 6.43 and a beta of 0.81. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a 12-month low of $243.69 and a 12-month high of $341.14. The business's 50 day moving average is $287.95 and its 200-day moving average is $287.49.

Air Products and Chemicals (NYSE:APD - Get Free Report) last released its earnings results on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business had revenue of $3.02 billion during the quarter, compared to analysts' expectations of $2.95 billion. During the same period last year, the business earned $3.20 earnings per share. The firm's revenue was up 1.2% on a year-over-year basis. 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. Equities research analysts predict 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 company also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Wednesday, October 1st will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, October 1st. Air Products and Chemicals's dividend payout ratio is presently 103.02%.

Insider Transactions at Air Products and Chemicals

In related news, VP Victoria Brifo sold 1,359 shares of Air Products and Chemicals stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the transaction, the vice president owned 8,686 shares in the company, valued at approximately $2,539,612.68. This trade represents a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.41% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on APD shares. Wall Street Zen upgraded Air Products and Chemicals from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. Wells Fargo & Company lifted their target price on Air Products and Chemicals from $320.00 to $345.00 and gave the company an "overweight" rating in a research report on Monday, July 14th. Royal Bank Of Canada initiated coverage on Air Products and Chemicals in a research report on Friday, June 13th. They set an "outperform" rating and a $355.00 price target for the company. Morgan Stanley began coverage on shares of Air Products and Chemicals in a report on Thursday, May 29th. They issued an "equal weight" rating and a $290.00 price objective on the stock. Finally, Barclays cut their price objective on shares of Air Products and Chemicals from $355.00 to $325.00 and set an "overweight" rating on the stock in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Air Products and Chemicals currently has an average rating of "Moderate Buy" and an average price target of $335.07.

Air Products and Chemicals Company 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.

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