O Brien Wealth Partners LLC Acquires Shares of 2,137 Air Products and Chemicals, Inc. $APD

O Brien Wealth Partners LLC bought a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,137 shares of the basic materials company’s stock, valued at approximately $583,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Air Products and Chemicals by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock valued at $6,131,936,000 after buying an additional 324,885 shares during the period. State Street Corp increased its position in Air Products and Chemicals by 1.9% in the second quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock worth $2,666,289,000 after purchasing an additional 180,056 shares during the period. Dodge & Cox raised its holdings in Air Products and Chemicals by 0.7% during the 2nd quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock worth $2,488,164,000 after purchasing an additional 61,678 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Air Products and Chemicals by 5.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock valued at $1,814,839,000 after purchasing an additional 310,799 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Air Products and Chemicals by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 5,134,550 shares of the basic materials company’s stock valued at $1,450,526,000 after purchasing an additional 27,256 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on APD. Weiss Ratings restated a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday, December 29th. Mizuho dropped their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Wall Street Zen lowered Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Citigroup downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $300.00 to $245.00 in a report on Monday, December 15th. Finally, UBS Group cut Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Hold” and a consensus price target of $292.47.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $258.34 on Wednesday. The stock’s fifty day simple moving average is $250.46 and its 200 day simple moving average is $271.34. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $57.50 billion, a PE ratio of -145.13, a PEG ratio of 2.50 and a beta of 0.87. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $341.14.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the prior year, the company earned $3.56 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a yield of 2.8%. Air Products and Chemicals’s payout ratio is presently -402.25%.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.