Air Products and Chemicals, Inc. $APD Shares Purchased by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC boosted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 27.1% during the third quarter, Holdings Channel.com reports. The firm owned 12,129 shares of the basic materials company’s stock after buying an additional 2,584 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $3,308,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Traub Capital Management LLC purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Air Products and Chemicals during the second quarter worth $28,000. Abound Wealth Management raised its position in Air Products and Chemicals by 292.3% in the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Westside Investment Management Inc. lifted its stake in shares of Air Products and Chemicals by 228.1% in the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Finally, Financial Connections Group Inc. grew its holdings 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 period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 0.6%

Shares of Air Products and Chemicals stock opened at $267.56 on Tuesday. 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, Inc. has a 52-week low of $229.11 and a 52-week high of $341.14. The company has a market capitalization 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 company has a 50 day moving average of $253.64 and a 200 day moving average of $270.18.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data 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 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 negative net margin of 3.28% and a positive return on equity of 15.18%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior 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, research analysts forecast 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 declared 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 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s payout ratio is -402.25%.

Analyst Ratings Changes

APD has been the topic of a number of research analyst reports. UBS Group downgraded shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price target for the company from $310.00 to $250.00 in a research note on Thursday, December 11th. The Goldman Sachs Group set a $335.00 price target on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Wall Street Zen lowered shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Sunday, December 14th. Wells Fargo & Company restated an “equal weight” rating and issued a $250.00 price objective (down previously from $330.00) on shares of Air Products and Chemicals in a report on Friday, December 19th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $292.00.

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.