Prospera Financial Services Inc Reduces Stock Holdings in Air Products and Chemicals, Inc. $APD

Prospera Financial Services Inc reduced its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 2.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 15,315 shares of the basic materials company’s stock after selling 398 shares during the quarter. Prospera Financial Services Inc’s holdings in Air Products and Chemicals were worth $4,321,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Brighton Jones LLC grew its position in Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after purchasing an additional 412 shares during the last quarter. Bison Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the fourth quarter worth $245,000. Ballentine Partners LLC grew its holdings in shares of Air Products and Chemicals by 5.6% during the first quarter. Ballentine Partners LLC now owns 6,253 shares of the basic materials company’s stock valued at $1,844,000 after buying an additional 330 shares during the last quarter. Kathmere Capital Management LLC increased its position in shares of Air Products and Chemicals by 2.6% in the 1st quarter. Kathmere Capital Management LLC now owns 1,541 shares of the basic materials company’s stock valued at $454,000 after acquiring an additional 39 shares during the period. Finally, Arizona State Retirement System raised its stake in Air Products and Chemicals by 2.0% in the 1st quarter. Arizona State Retirement System now owns 65,263 shares of the basic materials company’s stock worth $19,247,000 after acquiring an additional 1,307 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.3%

Shares of NYSE:APD opened at $259.50 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a 12-month low of $235.55 and a 12-month high of $341.14. The business has a 50 day moving average of $268.94 and a two-hundred day moving average of $278.25. The company has a market capitalization of $57.75 billion, a PE ratio of 37.34, a PEG ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.17 billion during 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%. The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.56 EPS. 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. As a group, analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on APD shares. Wells Fargo & Company dropped their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Finally, JPMorgan Chase & Co. cut 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 note on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $315.83.

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.