Guardian Wealth Advisors LLC Cuts Stock Position in Air Products and Chemicals, Inc. $APD

Guardian Wealth Advisors LLC decreased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 5.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,299 shares of the basic materials company’s stock after selling 82 shares during the period. Guardian Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wayfinding Financial LLC purchased a new stake in shares of Air Products and Chemicals during the 1st quarter valued at $25,000. Saudi Central Bank purchased a new stake in Air Products and Chemicals in the first quarter valued at about $26,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals in the first quarter worth about $27,000. Financial Connections Group Inc. grew its stake in shares of Air Products and Chemicals by 46.7% during the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 35 shares during the last quarter. Finally, Citizens National Bank Trust Department increased its holdings in shares of Air Products and Chemicals by 833.3% during the first quarter. Citizens National Bank Trust Department now owns 112 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 100 shares in the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Trading Up 0.1%

APD opened at $255.11 on Friday. The stock has a market capitalization of $56.78 billion, a PE ratio of 36.71, a P/E/G ratio of 5.30 and a beta of 0.83. Air Products and Chemicals, Inc. has a one year low of $243.69 and a one year high of $341.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29. The business’s 50 day moving average price is $278.03 and its 200 day moving average price is $279.26.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same period in the prior year, the business posted $3.20 EPS. The company’s revenue was up 1.2% compared to the same quarter last year. 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. As a group, equities research analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Insider Buying and Selling

In related news, VP Victoria Brifo sold 1,359 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the transaction, the vice president directly owned 8,686 shares in the company, valued at $2,539,612.68. This trade represents a 13.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.41% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

APD has been the topic of several analyst reports. Citigroup cut their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. UBS Group cut their price objective on shares of Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating for the company in a report on Monday, October 6th. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a report on Wednesday, October 1st. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $330.00.

Air Products and Chemicals 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.