20,997 Shares in Air Products and Chemicals, Inc. $APD Acquired by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 20,997 shares of the basic materials company’s stock, valued at approximately $6,156,000.

Other large investors also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Air Products and Chemicals by 5.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock worth $121,909,000 after purchasing an additional 23,760 shares during the period. S&CO Inc. purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter worth about $27,733,000. Castle Rock Wealth Management LLC purchased a new stake in shares of Air Products and Chemicals during the 4th quarter worth about $1,649,000. Staley Capital Advisers Inc. increased its position in Air Products and Chemicals by 108.2% during the 4th quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company’s stock worth $35,579,000 after purchasing an additional 74,868 shares in the last quarter. Finally, Danske Bank A S raised its holdings in Air Products and Chemicals by 9.7% in the fourth quarter. Danske Bank A S now owns 127,263 shares of the basic materials company’s stock valued at $31,437,000 after buying an additional 11,263 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Down 0.5%

NYSE APD opened at $305.15 on Friday. The company’s fifty day simple moving average is $297.78 and its 200-day simple moving average is $291.53. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock has a market cap of $67.95 billion, a P/E ratio of -1,387.03, a PEG ratio of 2.66 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same period last year, the business earned $3.09 EPS. The business’s revenue was up 4.6% on a year-over-year basis. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. Equities research analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -3,290.91%.

Wall Street Analyst Weigh In

APD has been the topic of a number of recent research reports. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Mizuho raised their target price on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Citigroup increased their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Wells Fargo & Company raised their price objective on Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $332.76.

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.