Toth Financial Advisory Corp Acquires 31,418 Shares of Air Products and Chemicals, Inc. $APD

Toth Financial Advisory Corp lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 24,355.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 31,547 shares of the basic materials company’s stock after purchasing an additional 31,418 shares during the period. Toth Financial Advisory Corp’s holdings in Air Products and Chemicals were worth $8,586,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in APD. Alkeme Wealth LLC increased its position in Air Products and Chemicals by 58.1% in the 3rd quarter. Alkeme Wealth LLC now owns 13,678 shares of the basic materials company’s stock valued at $3,773,000 after acquiring an additional 5,026 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. lifted its position in shares of 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 purchasing an additional 45 shares in the last quarter. Venture Visionary Partners LLC bought a new stake in shares of Air Products and Chemicals during the third quarter valued at approximately $4,459,000. Elevation Wealth Partners LLC grew its stake in shares of Air Products and Chemicals by 158.6% during the third quarter. Elevation Wealth Partners LLC now owns 393 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 241 shares during the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of Air Products and Chemicals in the third quarter valued at approximately $30,000. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Trading Down 0.3%

NYSE:APD traded down $0.94 during trading hours on Thursday, hitting $277.18. The stock had a trading volume of 229,723 shares, compared to its average volume of 1,282,230. The business’s 50 day moving average is $295.02 and its 200-day moving average is $293.25. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The company has a market cap of $61.73 billion, a price-to-earnings ratio of -1,261.34, a P/E/G ratio of 2.64 and a beta of 0.76. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the business earned $3.09 EPS. The firm’s revenue was up 4.6% on a year-over-year basis. 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. Sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Analyst Upgrades and Downgrades

APD has been the topic of several research reports. Royal Bank Of Canada upped their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. UBS Group cut their price target 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. Argus raised their price target on Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a report on Wednesday, September 9th. Citigroup dropped their price objective on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Evercore reaffirmed an “outperform” rating and issued a $342.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $333.56.

Air Products and Chemicals Company Profile

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.