Silicon Valley Capital Partners Cuts Stock Holdings in Air Products and Chemicals, Inc. $APD

Silicon Valley Capital Partners lowered its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 4.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,399 shares of the basic materials company’s stock after selling 1,913 shares during the quarter. Air Products and Chemicals makes up 1.1% of Silicon Valley Capital Partners’ portfolio, making the stock its 25th biggest position. Silicon Valley Capital Partners’ holdings in Air Products and Chemicals were worth $10,864,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Air Products and Chemicals by 14.5% during the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after buying an additional 412 shares during the period. Bison Wealth LLC purchased a new stake in Air Products and Chemicals during the fourth quarter worth $245,000. Sei Investments Co. lifted its holdings in Air Products and Chemicals by 197.6% during the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock worth $79,498,000 after buying an additional 187,142 shares during the period. Treasurer of the State of North Carolina boosted its position in Air Products and Chemicals by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after acquiring an additional 2,171 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in shares of Air Products and Chemicals by 52.5% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock valued at $1,873,000 after acquiring an additional 2,229 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on APD shares. Bank of America boosted their price target on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Morgan Stanley increased their price target on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Mizuho set a $345.00 price target on shares of Air Products and Chemicals in a report on Friday, May 1st. One 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $326.88.

Air Products and Chemicals Stock Performance

Shares of APD opened at $299.75 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The firm has a market cap of $66.75 billion, a PE ratio of 31.72, a P/E/G ratio of 2.67 and a beta of 0.73. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87. The stock has a fifty day moving average price of $289.60 and a 200-day moving average price of $286.63.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the business earned $3.09 EPS. The firm’s revenue for the quarter 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. Equities research analysts predict that Air Products and Chemicals, Inc. will post 13.22 earnings per share 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. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is presently 76.61%.

Air Products and Chemicals News Roundup

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

• Positive Sentiment: Adjusted fiscal third-quarter EPS was $3.47, above the roughly $3.34-$3.36 analyst consensus and ahead of the company’s guidance range. Adjusted operating income reached $810 million, supported by higher on-site volumes, pricing and favorable currency effects. APD Q3 Earnings Top Estimates
• Positive Sentiment: Air Products raised its fiscal 2026 adjusted EPS outlook to $13.39-$13.49, above the prior consensus estimate of $13.22, and issued fourth-quarter EPS guidance of $3.55-$3.65 versus a $3.52 consensus. The raised forecast was a key catalyst for the stock. Air Products FY2026 EPS Outlook
• Positive Sentiment: The company’s decision to discontinue the Louisiana Clean Energy Complex, an Arizona zero-carbon liquid hydrogen facility and other smaller projects reduces expected fiscal 2026 capital expenditures to approximately $3.5 billion. Investors may view the portfolio reset as improving capital discipline and reducing exposure to costly, lower-return projects. Air Products Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Air Products also announced an electronics-related agreement in Taiwan to build and operate four air-separation units and related gas infrastructure, while finalizing a renewable-ammonia marketing agreement connected to the NEOM Green Hydrogen Project. These initiatives support longer-term growth but are unlikely to materially affect near-term earnings. Air Products Third Quarter Results and Projects
• Negative Sentiment: GAAP results were sharply negative, with a $6.47 loss per share and a $2.1 billion operating loss, primarily from project and asset-action charges, including a reported $2.9 billion Louisiana-related charge. Revenue of $3.16 billion rose 4.6% year over year but fell short of the approximately $3.20 billion consensus. Air Products Swings to Third-Quarter Loss

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.