Grandfield & Dodd LLC lessened its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 0.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 112,157 shares of the basic materials company’s stock after selling 542 shares during the quarter. Air Products and Chemicals comprises approximately 1.9% of Grandfield & Dodd LLC’s holdings, making the stock its 17th largest position. Grandfield & Dodd LLC owned approximately 0.05% of Air Products and Chemicals worth $31,635,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of APD. Saudi Central Bank acquired a new position in Air Products and Chemicals during the 1st quarter valued at about $26,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals in the first quarter worth approximately $27,000. Westside Investment Management Inc. boosted its stake in Air Products and Chemicals by 228.1% during the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. Financial Connections Group Inc. raised its stake in shares of Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after buying an additional 35 shares in the last quarter. Finally, Ransom Advisory Ltd acquired a new stake in shares of Air Products and Chemicals in the first quarter valued at $37,000. 81.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. UBS Group lowered their price objective on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a report on Wednesday, October 1st. Evercore ISI reduced their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday. Mizuho set a $300.00 price target on Air Products and Chemicals in a research note on Friday, November 7th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $313.75.
Air Products and Chemicals Trading Up 0.7%
NYSE:APD opened at $263.26 on Friday. The stock’s 50-day moving average is $266.49 and its two-hundred day moving average is $277.91. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The stock has a market cap of $58.59 billion, a PE ratio of 37.88, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a fifty-two week low of $235.55 and a fifty-two week high of $341.14.
Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01. The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the company posted $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. As a group, equities research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.
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.
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