Vanguard Personalized Indexing Management LLC Grows Stock Holdings in Air Products and Chemicals, Inc. $APD

Vanguard Personalized Indexing Management LLC boosted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 14.1% in the second quarter, Holdings Channel reports. The institutional investor owned 30,566 shares of the basic materials company’s stock after acquiring an additional 3,769 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Air Products and Chemicals were worth $8,624,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Concurrent Investment Advisors LLC grew its stake in Air Products and Chemicals by 1.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,843 shares of the basic materials company’s stock valued at $4,187,000 after buying an additional 251 shares in the last quarter. Apollon Wealth Management LLC grew its stake in Air Products and Chemicals by 8.3% in the 2nd quarter. Apollon Wealth Management LLC now owns 19,728 shares of the basic materials company’s stock valued at $5,564,000 after buying an additional 1,517 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its stake in Air Products and Chemicals by 12.9% in the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 6,744 shares of the basic materials company’s stock valued at $1,902,000 after buying an additional 770 shares in the last quarter. Natural Investments LLC grew its stake in Air Products and Chemicals by 2.9% in the 2nd quarter. Natural Investments LLC now owns 1,399 shares of the basic materials company’s stock valued at $394,000 after buying an additional 39 shares in the last quarter. Finally, Financial Connections Group Inc. grew its position in shares of Air Products and Chemicals by 46.7% during the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 35 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Performance

NYSE APD opened at $257.28 on Monday. Air Products and Chemicals, Inc. has a 52-week low of $243.69 and a 52-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. The company has a market capitalization of $57.26 billion, a P/E ratio of 37.02, a P/E/G ratio of 5.33 and a beta of 0.83. The company has a fifty day moving average of $284.80 and a 200-day moving average of $280.63.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.10. The company had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.95 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.20 EPS. 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. As a group, equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Wednesday, October 1st will be paid a $1.79 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $7.16 annualized dividend and a yield of 2.8%. Air Products and Chemicals’s payout ratio is currently 103.02%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. UBS Group reduced their price target on shares of Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, October 6th. The Goldman Sachs Group set a $335.00 price target on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company boosted their price target on shares of Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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 business’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total value of $397,344.42. Following the completion of the sale, the vice president directly owned 8,686 shares of the company’s stock, valued at $2,539,612.68. The trade was a 13.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.41% of the stock is owned by corporate 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.