CW Advisors LLC grew its holdings in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 47.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 28,092 shares of the basic materials company’s stock after acquiring an additional 8,977 shares during the quarter. CW Advisors LLC’s holdings in Air Products and Chemicals were worth $7,924,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Air Products and Chemicals by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock valued at $6,131,936,000 after acquiring an additional 324,885 shares during the last quarter. Dodge & Cox raised its stake in shares of Air Products and Chemicals by 31.5% during the first quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock worth $2,583,417,000 after purchasing an additional 2,096,568 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Air Products and Chemicals by 5.1% during the second quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock worth $1,814,839,000 after purchasing an additional 310,799 shares during the period. Geode Capital Management LLC grew its position in Air Products and Chemicals by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 5,134,550 shares of the basic materials company’s stock valued at $1,450,526,000 after buying an additional 27,256 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in Air Products and Chemicals by 13.3% in the 2nd quarter. Franklin Resources Inc. now owns 3,794,781 shares of the basic materials company’s stock valued at $1,070,356,000 after buying an additional 444,855 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on APD shares. Royal Bank Of Canada lowered their target price on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Friday, November 7th. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. UBS Group reduced their price target on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a report on Friday, November 7th. Wells Fargo & Company dropped their price objective on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Finally, The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $313.75.
Air Products and Chemicals Stock Performance
APD opened at $261.30 on Friday. Air Products and Chemicals, Inc. has a 1-year low of $235.55 and a 1-year high of $341.14. The stock has a market cap of $58.16 billion, a P/E ratio of -146.79, a P/E/G ratio of 2.56 and a beta of 0.86. The stock’s 50 day simple moving average is $257.89 and its 200 day simple moving average is $276.38. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20.
Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.Air Products and Chemicals’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.
Air Products and Chemicals Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.
About Air Products and Chemicals
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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