Brandywine Oak Private Wealth LLC Sells 182 Shares of Air Products and Chemicals, Inc. $APD

Brandywine Oak Private Wealth LLC lessened its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,043 shares of the basic materials company’s stock after selling 182 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Air Products and Chemicals were worth $576,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of APD. Hamilton Capital LLC increased its holdings in shares of Air Products and Chemicals by 1.5% during the first quarter. Hamilton Capital LLC now owns 2,594 shares of the basic materials company’s stock valued at $765,000 after acquiring an additional 38 shares in the last quarter. DB Fitzpatrick & Co Inc increased its holdings in shares of Air Products and Chemicals by 1.0% during the second quarter. DB Fitzpatrick & Co Inc now owns 3,860 shares of the basic materials company’s stock valued at $1,089,000 after acquiring an additional 38 shares in the last quarter. West Branch Capital LLC increased its holdings in shares of Air Products and Chemicals by 10.2% during the first quarter. West Branch Capital LLC now owns 421 shares of the basic materials company’s stock valued at $124,000 after acquiring an additional 39 shares in the last quarter. Kathmere Capital Management LLC grew its holdings in Air Products and Chemicals by 2.6% during the first quarter. Kathmere Capital Management LLC now owns 1,541 shares of the basic materials company’s stock worth $454,000 after buying an additional 39 shares in the last quarter. Finally, Connecticut Wealth Management LLC grew its holdings in Air Products and Chemicals by 1.7% during the first quarter. Connecticut Wealth Management LLC now owns 2,385 shares of the basic materials company’s stock worth $703,000 after buying an additional 39 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Insider Activity at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the transaction, the vice president owned 8,686 shares of the company’s stock, valued at $2,539,612.68. This represents a 13.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is owned by corporate insiders.

Air Products and Chemicals Stock Down 2.3%

Shares of NYSE:APD opened at $262.30 on Friday. The company has a market capitalization of $58.38 billion, a PE ratio of 37.74, a price-to-earnings-growth ratio of 5.59 and a beta of 0.83. 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 business has a fifty day moving average price of $285.29 and a two-hundred day moving average price of $281.09. Air Products and Chemicals, Inc. has a 1 year low of $243.69 and a 1 year high of $341.14.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data 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. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.95 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.20 EPS. 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. Analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Wednesday, October 1st will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently 103.02%.

Wall Street Analyst Weigh In

APD has been the subject of several recent research reports. Mizuho upped their price target on Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Citigroup decreased their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a report on Monday. UBS Group decreased their price target on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating for the company in a report on Monday. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $330.00.

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.