Air Products and Chemicals, Inc. $APD Stock Acquired by Mather Group LLC.

Mather Group LLC. increased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 6.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,654 shares of the basic materials company’s stock after buying an additional 3,587 shares during the period. Mather Group LLC.’s holdings in Air Products and Chemicals were worth $16,014,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in APD. Hudock Inc. raised its holdings in shares of Air Products and Chemicals by 108.2% during the 3rd quarter. Hudock Inc. now owns 3,412 shares of the basic materials company’s stock valued at $939,000 after purchasing an additional 1,773 shares in the last quarter. First Pacific Financial boosted its holdings in Air Products and Chemicals by 95.6% in the third quarter. First Pacific Financial now owns 5,832 shares of the basic materials company’s stock worth $1,604,000 after purchasing an additional 2,850 shares in the last quarter. Fortitude Family Office LLC boosted its holdings in Air Products and Chemicals by 726.3% in the third quarter. Fortitude Family Office LLC now owns 785 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 690 shares in the last quarter. Strategy Asset Managers LLC boosted its holdings in Air Products and Chemicals by 1.5% in the third quarter. Strategy Asset Managers LLC now owns 10,212 shares of the basic materials company’s stock worth $2,841,000 after purchasing an additional 149 shares in the last quarter. Finally, Union Savings Bank increased its position in Air Products and Chemicals by 9,231.0% during the third quarter. Union Savings Bank now owns 2,706 shares of the basic materials company’s stock worth $737,000 after buying an additional 2,677 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on APD shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Barclays began coverage on Air Products and Chemicals in a research report on Monday. They issued an “overweight” rating and a $353.00 price target for the company. Weiss Ratings downgraded Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Wells Fargo & Company increased their price objective on Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, UBS Group cut their price objective on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $334.71.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $292.42 on Thursday. The firm has a fifty day simple moving average of $293.95 and a 200-day simple moving average of $293.21. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The stock has a market capitalization of $65.12 billion, a price-to-earnings ratio of -1,329.18, a PEG ratio of 2.72 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the firm earned $3.09 EPS. Air Products and Chemicals’s quarterly revenue was up 4.6% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.