Vanguard Personalized Indexing Management LLC Cuts Position in Air Products and Chemicals, Inc. $APD

Vanguard Personalized Indexing Management LLC lowered its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 10.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,395 shares of the basic materials company’s stock after selling 3,171 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Air Products and Chemicals were worth $7,474,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Air Products and Chemicals by 1.5% during the second quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock valued at $6,131,936,000 after buying an additional 324,885 shares during the period. State Street Corp lifted its stake in shares of Air Products and Chemicals by 1.9% in the 2nd quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock valued at $2,666,289,000 after acquiring an additional 180,056 shares during the last quarter. Dodge & Cox boosted its holdings in Air Products and Chemicals by 0.7% during the 2nd quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock valued at $2,488,164,000 after acquiring an additional 61,678 shares during the period. JPMorgan Chase & Co. increased its stake in Air Products and Chemicals by 5.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock worth $1,814,839,000 after purchasing an additional 310,799 shares during the period. Finally, Geode Capital Management LLC lifted its position in Air Products and Chemicals by 0.5% in the second quarter. Geode Capital Management LLC now owns 5,134,550 shares of the basic materials company’s stock valued at $1,450,526,000 after purchasing an additional 27,256 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $262.60 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $341.14. The firm has a market capitalization of $58.45 billion, a price-to-earnings ratio of -147.53, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. The firm has a 50 day moving average of $253.83 and a 200 day moving average of $269.10.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same period in the prior year, the business posted $3.56 EPS. Air Products and Chemicals’s revenue was down .6% on a year-over-year basis. 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, research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

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. 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 currently -402.25%.

Analyst Ratings Changes

A number of brokerages have issued reports on APD. UBS Group lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price target for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday, December 29th. JPMorgan Chase & Co. dropped their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Wall Street Zen cut shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Finally, Mizuho dropped their price target on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $293.80.

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.