Cetera Investment Advisers Grows Holdings in Air Products and Chemicals, Inc. $APD

Cetera Investment Advisers increased its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 2.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,549 shares of the basic materials company’s stock after acquiring an additional 3,786 shares during the quarter. Cetera Investment Advisers’ holdings in Air Products and Chemicals were worth $48,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of APD. Vanguard Group Inc. grew its holdings in Air Products and Chemicals by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock worth $5,509,702,000 after purchasing an additional 303,944 shares during the period. Capital International Investors lifted its holdings in shares of Air Products and Chemicals by 44.2% during the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after purchasing an additional 3,922,567 shares during the last quarter. Capital Research Global Investors boosted its position in shares of Air Products and Chemicals by 1.2% in the 4th quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock worth $2,940,665,000 after purchasing an additional 137,595 shares in the last quarter. State Street Corp grew its stake in shares of Air Products and Chemicals by 3.7% in the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock worth $2,448,340,000 after buying an additional 352,012 shares during the last quarter. Finally, Dodge & Cox increased its position in Air Products and Chemicals by 2.6% during the 4th quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock valued at $2,281,627,000 after buying an additional 231,718 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 1.5%

NYSE:APD opened at $298.57 on Friday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The business has a fifty day moving average price of $289.26 and a 200-day moving average price of $285.45. The firm has a market capitalization of $66.49 billion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 2.67 and a beta of 0.73. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.Air Products and Chemicals’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.69 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.22 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is 76.61%.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the sale, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on APD shares. Sanford C. Bernstein boosted their target price on Air Products and Chemicals from $344.00 to $345.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Berenberg Bank set a $350.00 price target on Air Products and Chemicals and gave the company a “buy” rating in a report on Monday, April 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $358.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 17th. Wells Fargo & Company upped their price target on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus price target of $326.88.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.