J.W. Cole Advisors Inc. Raises Holdings in Air Products and Chemicals, Inc. $APD

J.W. Cole Advisors Inc. lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 125.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,674 shares of the basic materials company’s stock after buying an additional 5,934 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Air Products and Chemicals were worth $3,011,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Dodge & Cox boosted its position in shares of Air Products and Chemicals by 31.5% during the 1st quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock worth $2,583,417,000 after purchasing an additional 2,096,568 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Air Products and Chemicals by 110.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,441,752 shares of the basic materials company’s stock worth $425,202,000 after buying an additional 756,780 shares in the last quarter. Franklin Resources Inc. grew its position in Air Products and Chemicals by 13.3% during the second quarter. Franklin Resources Inc. now owns 3,794,781 shares of the basic materials company’s stock worth $1,070,356,000 after buying an additional 444,855 shares during the period. Vanguard Group Inc. grew its holdings in shares of Air Products and Chemicals by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock worth $6,131,936,000 after acquiring an additional 324,885 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Air Products and Chemicals by 5.1% in the second quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock valued at $1,814,839,000 after buying an additional 310,799 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analysts Forecast Growth

APD has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Royal Bank Of Canada cut their target price on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. 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. Finally, UBS Group cut their price objective on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $313.75.

Check Out Our Latest Stock Report on APD

Air Products and Chemicals Stock Performance

NYSE:APD opened at $259.14 on Thursday. 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 firm has a market cap of $57.67 billion, a PE ratio of 37.29, a P/E/G ratio of 5.16 and a beta of 0.81. The firm has a 50 day simple moving average of $260.39 and a 200-day simple moving average of $277.01. Air Products and Chemicals, Inc. has a 1-year low of $235.55 and a 1-year high of $341.14.

Air Products and Chemicals (NYSE:APDGet Free Report) last announced its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) 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 analyst estimates of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. Air Products and Chemicals’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $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. On average, equities 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. Stockholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio is presently -402.25%.

About Air Products and Chemicals

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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