Air Products and Chemicals, Inc. $APD Stock Position Cut by Vest Financial LLC

Vest Financial LLC trimmed its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 8.6% during the third quarter, Holdings Channel reports. The institutional investor owned 184,483 shares of the basic materials company’s stock after selling 17,275 shares during the period. Vest Financial LLC’s holdings in Air Products and Chemicals were worth $50,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in APD. Financial Connections Group Inc. raised its holdings in 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 worth $31,000 after purchasing an additional 35 shares in the last quarter. Meadow Creek Wealth Advisors LLC increased its position in shares of Air Products and Chemicals by 1.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after purchasing an additional 35 shares during the period. YANKCOM Partnership raised its stake in shares of Air Products and Chemicals by 1.3% in the 2nd 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 boosted its stake 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 buying an additional 37 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in 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 worth $160,000 after acquiring an additional 37 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Trading Up 1.1%

Air Products and Chemicals stock opened at $261.01 on Wednesday. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $341.14. The stock has a market cap of $58.10 billion, a price-to-earnings ratio of -146.56, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. The business has a 50 day moving average price of $253.56 and a two-hundred day moving average price of $269.94. 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 posted its quarterly earnings results 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 firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the company earned $3.56 earnings per share. The business’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. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current 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 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 dividend payout ratio (DPR) is currently -402.25%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on APD shares. UBS Group downgraded shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their target price for the stock from $310.00 to $250.00 in a research report on Thursday, December 11th. Royal Bank Of Canada lowered their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Friday, November 7th. Wall Street Zen downgraded Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 target price for the company in a research note on Thursday, January 8th. Finally, Citigroup lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their target price for the company from $300.00 to $245.00 in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently 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.