FORA Capital LLC Invests $4.54 Million in Air Products and Chemicals, Inc. $APD

FORA Capital LLC bought a new position in Air Products and Chemicals, Inc. (NYSE:APD) during the second quarter, HoldingsChannel.com reports. The fund bought 16,081 shares of the basic materials company’s stock, valued at approximately $4,536,000.

Several other institutional investors also recently added to or reduced their stakes in APD. Saudi Central Bank purchased a new position in shares of Air Products and Chemicals during the first quarter worth approximately $26,000. Traub Capital Management LLC purchased a new stake in shares of Air Products and Chemicals in the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Air Products and Chemicals during the 2nd quarter worth $28,000. Westside Investment Management Inc. increased its stake in shares of Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after buying an additional 73 shares during the period. Finally, Financial Connections Group Inc. raised its holdings in shares of Air Products and Chemicals by 46.7% in the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on APD. UBS Group lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price objective for the company from $310.00 to $250.00 in a report on Thursday. Citigroup reduced their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research report on Monday, October 6th. Mizuho set a $300.00 price objective on Air Products and Chemicals in a research report on Friday, November 7th. Argus reduced their target price on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a report on Thursday. Finally, The Goldman Sachs Group set a $335.00 price target on shares of Air Products and Chemicals in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $302.67.

Air Products and Chemicals Stock Down 0.3%

Shares of APD opened at $243.00 on Friday. The company has a market capitalization of $54.09 billion, a price-to-earnings ratio of -136.52, a PEG ratio of 2.39 and a beta of 0.86. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $341.14. The stock’s 50-day moving average price is $254.47 and its 200-day moving average price is $275.11. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the firm posted $3.56 earnings per share. The company’s revenue was down .6% compared to the same quarter last year. 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. On average, sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.9%. 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.