Air Products and Chemicals, Inc. $APD Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 1.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 101,895 shares of the basic materials company’s stock after buying an additional 1,157 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Air Products and Chemicals were worth $28,741,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. West Oak Capital LLC boosted its holdings in Air Products and Chemicals by 12.2% in the second quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock valued at $3,050,000 after purchasing an additional 1,180 shares during the last quarter. Chapin Davis Inc. raised its stake in shares of Air Products and Chemicals by 16.1% during the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after buying an additional 1,551 shares during the last quarter. Revisor Wealth Management LLC lifted its holdings in shares of Air Products and Chemicals by 110.4% in the 2nd quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock valued at $966,000 after buying an additional 1,713 shares during the period. Norden Group LLC boosted its stake in shares of Air Products and Chemicals by 167.3% in the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 3,630 shares during the last quarter. Finally, Aberdeen Group plc grew its holdings in Air Products and Chemicals by 4.1% during the second quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock worth $31,903,000 after acquiring an additional 4,492 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Up 0.7%

Shares of NYSE APD opened at $263.26 on Friday. The firm has a market cap of $58.59 billion, a price-to-earnings ratio of 37.88, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The company’s 50-day simple moving average is $266.49 and its 200-day simple moving average is $277.91. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a 52-week low of $235.55 and a 52-week high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the firm earned $3.56 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. 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. Equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on APD shares. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a report on Wednesday, October 1st. Citigroup dropped their price objective on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. Mizuho set a $300.00 price target on shares of Air Products and Chemicals in a report on Friday, November 7th. Finally, Wells Fargo & Company cut their price objective on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $313.75.

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.