Empowered Funds LLC Invests $2.39 Million in Air Products and Chemicals, Inc. $APD

Empowered Funds LLC purchased a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,212 shares of the basic materials company’s stock, valued at approximately $2,393,000.

Several other institutional investors have also made changes to their positions in APD. Cary Street Partners Financial LLC raised its holdings in Air Products and Chemicals by 2.2% in the 4th quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock valued at $399,000 after acquiring an additional 35 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of Air Products and Chemicals by 0.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock worth $1,147,000 after purchasing an additional 35 shares in the last quarter. Revisor Wealth Management LLC increased its position in shares of Air Products and Chemicals by 0.8% in the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after purchasing an additional 36 shares during the period. StoneX Group Inc. lifted its position in Air Products and Chemicals by 1.3% during the fourth quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock worth $688,000 after purchasing an additional 36 shares during the period. Finally, CYBER HORNET ETFs LLC grew its stake in Air Products and Chemicals by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock worth $159,000 after buying an additional 37 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

APD has been the topic of several recent analyst reports. Royal Bank Of Canada raised their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Citigroup increased their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. UBS Group lifted their price objective on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Finally, Mizuho boosted their price objective on shares of 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $332.76.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $309.63 on Thursday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The stock has a market cap of $68.95 billion, a PE ratio of -1,407.41, a P/E/G ratio of 3.08 and a beta of 0.75. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The business’s 50-day moving average price is $299.95 and its two-hundred day moving average price is $292.03.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter in the prior year, the business earned $3.09 earnings per share. The business’s revenue for the quarter 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. As a group, analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.3%. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Air Products and Chemicals Company Profile

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.