Wealth Enhancement Advisory Services LLC Has $67.86 Million Holdings in Air Products and Chemicals, Inc. $APD

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 1.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 250,495 shares of the basic materials company’s stock after selling 3,374 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Air Products and Chemicals were worth $67,860,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. West Oak Capital LLC raised its holdings in shares of Air Products and Chemicals by 12.2% in the second quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock valued at $3,050,000 after buying an additional 1,180 shares during the last quarter. Farmers & Merchants Investments Inc. increased its holdings in Air Products and Chemicals by 1.8% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 74,225 shares of the basic materials company’s stock worth $20,936,000 after purchasing an additional 1,300 shares in the last quarter. Revisor Wealth Management LLC grew its holdings in shares of Air Products and Chemicals by 110.4% during the second quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock worth $966,000 after buying an additional 1,713 shares in the last quarter. Chapin Davis Inc. boosted its holdings in Air Products and Chemicals by 16.1% during the second quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock worth $3,147,000 after purchasing an additional 1,551 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Air Products and Chemicals by 10.4% in the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock valued at $16,258,000 after acquiring an additional 5,430 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 2.3%

Shares of NYSE APD traded down $6.17 during midday trading on Tuesday, reaching $261.36. 78,509 shares of the company’s stock traded hands, compared to its average volume of 1,363,602. The company has a market cap of $58.18 billion, a price-to-earnings ratio of -147.13, a P/E/G ratio of 2.63 and a beta of 0.87. The stock’s 50 day simple moving average is $253.64 and its 200-day simple moving average is $270.18. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year 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 earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The business’s revenue 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. On average, analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a $1.79 dividend. The ex-dividend date of this dividend 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 -402.25%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Argus cut their target price on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Royal Bank Of Canada lowered their price objective on shares of 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. Weiss Ratings restated a “sell (d+)” rating on shares of Air Products and Chemicals in a research note on Monday, December 29th. Citigroup cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price objective for the company from $300.00 to $245.00 in a research note on Monday, December 15th. Finally, Wall Street Zen lowered Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.