Air Products and Chemicals, Inc. $APD Shares Acquired by Total Wealth Planning & Management Inc.

Total Wealth Planning & Management Inc. raised its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 23.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,421 shares of the basic materials company’s stock after buying an additional 267 shares during the period. Total Wealth Planning & Management Inc.’s holdings in Air Products and Chemicals were worth $401,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Wayfinding Financial LLC purchased a new position in shares of Air Products and Chemicals during the first quarter worth about $25,000. Saudi Central Bank acquired a new stake in Air Products and Chemicals in the first quarter valued at about $26,000. Cheviot Value Management LLC acquired a new stake in shares of Air Products and Chemicals during the 1st quarter valued at approximately $27,000. Citizens National Bank Trust Department lifted its position in shares of Air Products and Chemicals by 833.3% during the 1st quarter. Citizens National Bank Trust Department now owns 112 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 100 shares during the period. Finally, Ransom Advisory Ltd acquired a new position in shares of Air Products and Chemicals during the 1st quarter worth approximately $37,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on APD shares. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday. Citigroup cut their price objective on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a report on Monday. UBS Group cut their target price on shares of Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday. Finally, The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $330.00.

Insider Activity at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of Air Products and Chemicals stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the sale, the vice president owned 8,686 shares in the company, valued at $2,539,612.68. The trade was a 13.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is currently owned by corporate insiders.

Air Products and Chemicals Stock Down 2.3%

APD stock opened at $262.30 on Friday. The company has a 50 day moving average of $285.29 and a two-hundred day moving average of $281.09. Air Products and Chemicals, Inc. has a 12-month low of $243.69 and a 12-month high of $341.14. The company has a market cap of $58.38 billion, a price-to-earnings ratio of 37.74, a PEG ratio of 5.59 and a beta of 0.83. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 31st. The basic materials company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same period last year, the business posted $3.20 EPS. Air Products and Chemicals’s revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. On average, equities analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Wednesday, October 1st will be given a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 103.02%.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.