StoneX Group Inc. boosted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 298.3% in the third quarter, Holdings Channel.com reports. The fund owned 6,214 shares of the basic materials company’s stock after buying an additional 4,654 shares during the quarter. StoneX Group Inc.’s holdings in Air Products and Chemicals were worth $1,901,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in APD. Fiduciary Financial Advisors bought a new position in shares of Air Products and Chemicals in the 2nd quarter worth $25,000. Main Street Group LTD bought a new stake in Air Products and Chemicals in the first quarter valued at about $27,000. Cornerstone Planning Group LLC increased its holdings in Air Products and Chemicals by 318.2% in the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 70 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. increased its holdings in Air Products and Chemicals by 77.6% in the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 45 shares during the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new position in Air Products and Chemicals in the third quarter valued at about $30,000. Institutional investors own 81.66% of the company’s stock.
Key Air Products and Chemicals News
Here are the key news stories impacting Air Products and Chemicals this week:
- Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
- Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
- Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
- Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
- Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.
Air Products and Chemicals Price Performance
APD opened at $304.61 on Monday. The stock has a market cap of $67.83 billion, a P/E ratio of 127.99, a P/E/G ratio of 2.89 and a beta of 0.67. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $324.00. The company has a quick ratio of 0.91, a current ratio of 1.07 and a debt-to-equity ratio of 0.98. The company has a fifty day simple moving average of $294.94 and a 200 day simple moving average of $290.92.
Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Thursday, November 5th. The basic materials company reported $3.61 earnings per share for the quarter, hitting the consensus estimate of $3.61. Air Products and Chemicals had a return on equity of 17.19% and a net margin of 4.10%. The firm had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period in the previous year, the company posted $3.39 earnings per share. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, research analysts expect that Air Products and Chemicals, Inc. will post 14.32 EPS for the current year.
Air Products and Chemicals Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 8th. Stockholders of record on Monday, January 4th will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 304.20%.
Analysts Set New Price Targets
A number of equities analysts have issued reports on APD shares. Argus raised their target price on Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a report on Wednesday, September 9th. Barclays lowered their price target on Air Products and Chemicals from $353.00 to $346.00 and set an “overweight” rating for the company in a research note on Friday. Royal Bank Of Canada increased their price target on shares of Air Products and Chemicals from $346.00 to $359.00 and gave the company an “outperform” rating in a research report on Friday. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 27th. Finally, UBS Group decreased their price objective on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average target price of $334.24.
Read Our Latest Analysis on APD
Air Products and Chemicals Profile
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