Air Products and Chemicals, Inc. $APD Stake Boosted by Lido Advisors LLC

Lido Advisors LLC increased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 17.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 17,048 shares of the basic materials company’s stock after buying an additional 2,566 shares during the quarter. Lido Advisors LLC’s holdings in Air Products and Chemicals were worth $4,809,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Saudi Central Bank acquired a new position in Air Products and Chemicals in the first quarter worth approximately $26,000. Traub Capital Management LLC bought a new position in shares of Air Products and Chemicals during the 2nd quarter valued at $28,000. Westside Investment Management Inc. lifted its stake in shares of Air Products and Chemicals by 228.1% in 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 during the last quarter. Financial Connections Group Inc. boosted its holdings in Air Products and Chemicals by 46.7% in the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its position in Air Products and Chemicals by 169.6% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 124 shares of the basic materials company’s stock worth $35,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Wells Fargo & Company decreased their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. JPMorgan Chase & Co. lowered their price target on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Friday, November 7th. The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Mizuho set a $300.00 target price on shares of Air Products and Chemicals in a research note on Friday, November 7th. Finally, Evercore ISI cut their target price on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $313.75.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $257.05 on Wednesday. The firm has a market capitalization of $57.22 billion, a price-to-earnings ratio of -144.41, a PEG ratio of 2.56 and a beta of 0.86. Air Products and Chemicals, Inc. has a one year low of $235.55 and a one year high of $341.14. The business has a fifty day simple moving average of $258.21 and a 200 day simple moving average of $276.60. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The business’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s payout ratio is presently -402.25%.

About Air Products and Chemicals

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.