SG Americas Securities LLC Acquires 40,408 Shares of Air Products and Chemicals, Inc. $APD

SG Americas Securities LLC increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 190.5% during the second quarter, Holdings Channel reports. The fund owned 61,618 shares of the basic materials company’s stock after acquiring an additional 40,408 shares during the quarter. SG Americas Securities LLC’s holdings in Air Products and Chemicals were worth $17,380,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Saudi Central Bank acquired a new stake in Air Products and Chemicals during the first quarter worth approximately $26,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals during the 1st quarter worth approximately $27,000. Westside Investment Management Inc. boosted its stake in Air Products and Chemicals by 228.1% in the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 73 shares during the period. Financial Connections Group Inc. grew its holdings in Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after buying an additional 35 shares in the last quarter. Finally, Ransom Advisory Ltd bought a new position in Air Products and Chemicals during the 1st quarter worth $37,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the subject of a number of recent research reports. Wells Fargo & Company reduced their target price on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. UBS Group cut their price objective on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a report on Friday, November 7th. Mizuho set a $300.00 target price on shares of Air Products and Chemicals in a report on Friday, November 7th. Royal Bank Of Canada dropped their price target 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. Finally, Citigroup cut their target price on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research report on Monday, October 6th. 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $313.75.

Air Products and Chemicals Trading Down 1.3%

Shares of APD stock opened at $259.50 on Friday. The stock’s fifty day moving average price is $265.89 and its two-hundred day moving average price is $277.89. The company has a market cap of $57.75 billion, a PE ratio of 37.34, a P/E/G ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a fifty-two week low of $235.55 and a fifty-two week 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.

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

About Air Products and Chemicals

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.