StoneRidge PMG Advisors LLC Makes New $489,000 Investment in Air Products and Chemicals, Inc. $APD

StoneRidge PMG Advisors LLC bought a new position in Air Products and Chemicals, Inc. (NYSE:APD) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 1,756 shares of the basic materials company’s stock, valued at approximately $489,000.

A number of other large investors have also recently made changes to their positions in the business. Fiduciary Financial Advisors bought a new position in shares of Air Products and Chemicals in the 2nd quarter valued at about $25,000. Main Street Group LTD purchased a new position in Air Products and Chemicals in the first quarter worth about $27,000. Cornerstone Planning Group LLC increased its stake in Air Products and Chemicals by 318.2% during the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 70 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. increased its stake in Air Products and Chemicals by 77.6% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 45 shares during the last quarter. Finally, Retirement Wealth Solutions LLC purchased a new stake in Air Products and Chemicals during the third quarter valued at approximately $30,000. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals News Summary

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
• Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
• Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
• Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
• Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $304.61 on Monday. The company has a market capitalization of $67.83 billion, a price-to-earnings ratio of 127.99, a PEG ratio of 2.89 and a beta of 0.67. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $324.00. The firm’s 50-day moving average is $294.94 and its 200 day moving average is $290.92. The company has a current ratio of 1.07, a quick ratio of 0.91 and a debt-to-equity ratio of 0.98.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 5th. The basic materials company reported $3.61 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.61. Air Products and Chemicals had a net margin of 4.10% and a return on equity of 17.19%. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period in the prior year, the company posted $3.39 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Research analysts predict that Air Products and Chemicals, Inc. will post 14.32 EPS 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 8th. Stockholders of record on Monday, January 4th will be issued a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio is presently 304.20%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on APD shares. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $373.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 31st. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, October 27th. Mizuho boosted their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. KeyCorp initiated coverage on Air Products and Chemicals in a report on Thursday, September 10th. They set a “sector weight” rating on the stock. Finally, Barclays lowered their price target on Air Products and Chemicals from $353.00 to $346.00 and set an “overweight” rating for the company in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $334.24.

About Air Products and Chemicals