Air Products and Chemicals, Inc. $APD Shares Sold by First National Advisers LLC

First National Advisers LLC lowered its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 75.9% in the third quarter, HoldingsChannel.com reports. The fund owned 1,765 shares of the basic materials company’s stock after selling 5,558 shares during the quarter. First National Advisers LLC’s holdings in Air Products and Chemicals were worth $481,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Financial Connections Group Inc. raised its position in shares of Air Products and Chemicals by 46.7% during the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares during the last quarter. Meadow Creek Wealth Advisors LLC increased its position in Air Products and Chemicals by 1.6% during the second quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after buying an additional 35 shares in the last quarter. YANKCOM Partnership increased 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 buying an additional 35 shares in the last quarter. Atlatl Advisers LLC raised its holdings in shares of Air Products and Chemicals by 2.5% in the second quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after acquiring an additional 37 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of Air Products and Chemicals by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after acquiring an additional 37 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on APD. Sanford C. Bernstein reissued an “outperform” rating on shares of Air Products and Chemicals in a research note on Tuesday, December 9th. JPMorgan Chase & Co. cut their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Wells Fargo & Company reissued an “equal weight” rating and set a $250.00 price objective (down previously from $330.00) on shares of Air Products and Chemicals in a research note on Friday, December 19th. UBS Group cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $310.00 to $250.00 in a research note on Thursday, December 11th. Finally, Citigroup lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $300.00 to $245.00 in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $292.00.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $267.56 on Friday. The company has a market cap of $59.56 billion, a P/E ratio of -150.31, a P/E/G ratio of 2.63 and a beta of 0.87. The firm’s 50 day moving average is $253.45 and its two-hundred day moving average is $270.49. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $341.14. 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 announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.01. The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The business’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.56 EPS. 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. Analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

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

Air Products and Chemicals Profile

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.