Cerity Partners LLC Sells 4,999 Shares of Air Products and Chemicals, Inc. $APD

Cerity Partners LLC lowered its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,576 shares of the basic materials company’s stock after selling 4,999 shares during the quarter. Cerity Partners LLC’s holdings in Air Products and Chemicals were worth $27,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of APD. Financial Connections Group Inc. lifted its position 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 worth $31,000 after buying an additional 35 shares during the last quarter. Meadow Creek Wealth Advisors LLC lifted its holdings in Air Products and Chemicals by 1.6% in the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after purchasing an additional 35 shares during the last quarter. YANKCOM Partnership boosted its position in Air Products and Chemicals by 1.3% during the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock worth $791,000 after purchasing an additional 35 shares during the period. Atlatl Advisers LLC grew its holdings in Air Products and Chemicals by 2.5% during the second quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after purchasing an additional 37 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in shares of Air Products and Chemicals by 7.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after purchasing an additional 37 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Down 0.2%

Shares of APD opened at $261.31 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The company has a 50-day simple moving average of $251.07 and a 200-day simple moving average of $271.20. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $341.14. The firm has a market capitalization of $58.16 billion, a P/E ratio of -146.80, a P/E/G ratio of 2.58 and a beta of 0.87.

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

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be paid a dividend of $1.79 per share. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a yield of 2.7%. Air Products and Chemicals’s payout ratio is currently -402.25%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. UBS Group downgraded shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday, December 29th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $250.00 price target (down from $330.00) on shares of Air Products and Chemicals in a research report on Friday, December 19th. Argus cut their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Finally, Evercore ISI decreased their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $292.00.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.