Air Products and Chemicals, Inc. $APD Stock Purchased by Hudock Inc.

Hudock Inc. grew its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 108.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 3,412 shares of the basic materials company’s stock after acquiring an additional 1,773 shares during the quarter. Hudock Inc.’s holdings in Air Products and Chemicals were worth $939,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Gamco Investors INC. ET AL raised its stake in Air Products and Chemicals by 0.9% in the second quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock valued at $1,147,000 after purchasing an additional 35 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. lifted its position in Air Products and Chemicals by 46.1% during the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 111 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares during the period. Revisor Wealth Management LLC grew its stake in Air Products and Chemicals by 0.8% during the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after buying an additional 36 shares in the last quarter. Baader Bank Aktiengesellschaft grew its stake in Air Products and Chemicals by 0.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after buying an additional 37 shares in the last quarter. Finally, Northcape Wealth Management LLC grew its stake in Air Products and Chemicals by 0.4% during the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock worth $2,566,000 after buying an additional 37 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on APD shares. Argus raised their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a report on Wednesday, September 9th. UBS Group cut their price target on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Evercore reiterated an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, KeyCorp began coverage on shares of Air Products and Chemicals in a research report on Thursday, September 10th. They set a “sector weight” rating for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus target price of $334.71.

Air Products and Chemicals Stock Up 1.2%

APD stock opened at $292.42 on Thursday. The stock has a market capitalization of $65.12 billion, a P/E ratio of -1,329.18, a price-to-earnings-growth ratio of 2.72 and a beta of 0.76. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87. The firm has a 50-day moving average price of $293.95 and a 200-day moving average price of $293.21.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company posted $3.09 EPS. 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, equities research 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 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 2.5%. 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 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.