Osterweis Capital Management Inc. Buys 42,791 Shares of Air Products and Chemicals, Inc. $APD

Osterweis Capital Management Inc. lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 40.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 148,984 shares of the basic materials company’s stock after acquiring an additional 42,791 shares during the quarter. Air Products and Chemicals makes up 2.0% of Osterweis Capital Management Inc.’s portfolio, making the stock its 13th biggest position. Osterweis Capital Management Inc. owned 0.07% of Air Products and Chemicals worth $42,022,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Saudi Central Bank purchased a new stake in shares of Air Products and Chemicals in the 1st quarter worth about $26,000. Traub Capital Management LLC bought a new position in Air Products and Chemicals during the 2nd quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in Air Products and Chemicals during the second quarter valued at $28,000. Westside Investment Management Inc. grew its stake in shares of Air Products and Chemicals by 228.1% in the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 73 shares during the last quarter. Finally, Financial Connections Group Inc. increased its holdings in shares of Air Products and Chemicals by 46.7% during 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. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

APD has been the subject of several research reports. UBS Group lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and set a $250.00 price target for the company. in a research report on Thursday. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a report on Wednesday, October 1st. Sanford C. Bernstein reissued an “outperform” rating on shares of Air Products and Chemicals in a report on Tuesday. Evercore ISI dropped their price objective 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. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $302.67.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $243.75 on Friday. The firm’s 50 day simple moving average is $255.03 and its 200-day simple moving average is $275.30. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $341.14. The firm has a market cap of $54.26 billion, a PE ratio of -136.94, a price-to-earnings-growth ratio of 2.33 and a beta of 0.86.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, equities 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. Stockholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date 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 is presently -402.25%.

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.