Air Products and Chemicals, Inc. $APD Stock Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 5.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,434,228 shares of the basic materials company’s stock after purchasing an additional 310,799 shares during the period. JPMorgan Chase & Co.’s holdings in Air Products and Chemicals were worth $1,814,839,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. West Oak Capital LLC lifted its position in shares of Air Products and Chemicals by 12.2% in the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock worth $3,050,000 after acquiring an additional 1,180 shares during the period. Chapin Davis Inc. raised its stake in shares of Air Products and Chemicals by 16.1% in the second quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after purchasing an additional 1,551 shares in the last quarter. Revisor Wealth Management LLC lifted its position in Air Products and Chemicals by 110.4% in the second quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock worth $966,000 after purchasing an additional 1,713 shares during the period. Norden Group LLC boosted its stake in Air Products and Chemicals by 167.3% during the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 3,630 shares in the last quarter. Finally, Aberdeen Group plc increased its holdings in Air Products and Chemicals by 4.1% in the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after buying an additional 4,492 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Evercore ISI reduced their price objective on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. JPMorgan Chase & Co. decreased their price objective 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. UBS Group dropped their target price on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a report on Friday, November 7th. Finally, Mizuho set a $300.00 price target on Air Products and Chemicals in a research note on Friday, November 7th. One equities 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $313.75.

Air Products and Chemicals Stock Performance

NYSE APD opened at $257.39 on Friday. Air Products and Chemicals, Inc. has a 1-year low of $235.55 and a 1-year high of $341.14. The company has a 50 day moving average of $262.21 and a 200-day moving average of $277.16. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The firm has a market cap of $57.28 billion, a price-to-earnings ratio of 37.03, a PEG ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last announced its 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. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the previous year, the business earned $3.56 EPS. Air Products and Chemicals’s revenue was down .6% compared to the same quarter last year. 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. On average, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.8%. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

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.