Air Products and Chemicals, Inc. $APD Shares Bought by Aberdeen Group plc

Aberdeen Group plc raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,027 shares of the basic materials company’s stock after purchasing an additional 4,492 shares during the quarter. Aberdeen Group plc’s holdings in Air Products and Chemicals were worth $31,903,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in APD. Wayfinding Financial LLC acquired a new stake in Air Products and Chemicals during the 1st quarter valued at $25,000. Saudi Central Bank acquired a new stake in Air Products and Chemicals during the 1st quarter valued at $26,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals during the 1st quarter valued at $27,000. Citizens National Bank Trust Department raised its stake in Air Products and Chemicals by 833.3% during the 1st quarter. Citizens National Bank Trust Department now owns 112 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Finally, Ransom Advisory Ltd acquired a new stake in Air Products and Chemicals during the 1st quarter valued at $37,000. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance

NYSE APD opened at $257.28 on Monday. Air Products and Chemicals, Inc. has a fifty-two week low of $243.69 and a fifty-two week high of $341.14. The stock’s 50-day moving average is $284.80 and its two-hundred day moving average is $280.63. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The firm has a market cap of $57.26 billion, a P/E ratio of 37.02, a price-to-earnings-growth ratio of 5.33 and a beta of 0.83.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 31st. The basic materials company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company had revenue of $3.02 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same period last year, the company earned $3.20 earnings per share. The business’s revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. On average, analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 2.8%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is 103.02%.

Wall Street Analyst Weigh In

Several analysts have issued reports on APD shares. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. Wells Fargo & Company boosted their target price on Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Finally, UBS Group lowered their target price on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and an average target price of $330.00.

Insiders Place Their Bets

In other Air Products and Chemicals news, VP Victoria Brifo sold 1,359 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the transaction, the vice president directly owned 8,686 shares in the company, valued at $2,539,612.68. This trade represents a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by company insiders.

Air Products and Chemicals 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.