Trilogy Capital Inc. Buys 542 Shares of Air Products and Chemicals, Inc. $APD

Trilogy Capital Inc. lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 5.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,371 shares of the basic materials company’s stock after purchasing an additional 542 shares during the period. Trilogy Capital Inc.’s holdings in Air Products and Chemicals were worth $2,925,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dodge & Cox increased its stake in Air Products and Chemicals by 31.5% during the first quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock valued at $2,583,417,000 after acquiring an additional 2,096,568 shares during the period. Raymond James Financial Inc. boosted its holdings in Air Products and Chemicals by 1.4% during the first quarter. Raymond James Financial Inc. now owns 3,096,277 shares of the basic materials company’s stock valued at $913,154,000 after purchasing an additional 43,695 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Air Products and Chemicals by 159.2% during the first quarter. Principal Financial Group Inc. now owns 1,725,762 shares of the basic materials company’s stock valued at $508,962,000 after purchasing an additional 1,059,970 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 valued at $425,202,000 after purchasing an additional 756,780 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Air Products and Chemicals by 1.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,307,807 shares of the basic materials company’s stock valued at $385,698,000 after purchasing an additional 19,237 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Stock Performance

NYSE APD opened at $272.82 on Wednesday. The company’s 50 day simple moving average is $288.90 and its two-hundred day simple moving average is $282.18. 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 stock has a market capitalization of $60.72 billion, a PE ratio of 39.25, a P/E/G ratio of 6.03 and a beta of 0.82. 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 posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter last year, the company posted $3.20 EPS. The business’s quarterly revenue was up 1.2% on a year-over-year basis. 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 predict 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 business also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $1.79 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s payout ratio is presently 103.02%.

Insider Buying and Selling at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of Air Products and Chemicals stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the sale, the vice president owned 8,686 shares of the company’s stock, valued at approximately $2,539,612.68. The trade was a 13.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. UBS Group upped their price objective on Air Products and Chemicals from $328.00 to $344.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Mizuho raised their target price on shares of Air Products and Chemicals from $310.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Wells Fargo & Company increased their price target on shares of Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a report on Monday, July 14th. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a report on Wednesday. Finally, Citigroup boosted their target price on shares of Air Products and Chemicals from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average price target of $335.06.

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.