United Capital Financial Advisors LLC Buys Shares of 20,997 Air Products and Chemicals, Inc. $APD

United Capital Financial Advisors LLC bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 20,997 shares of the basic materials company’s stock, valued at approximately $6,156,000.

A number of other hedge funds have also made changes to their positions in the stock. Cary Street Partners Financial LLC increased its stake in shares of Air Products and Chemicals by 2.2% in the fourth quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock worth $399,000 after buying an additional 35 shares during the last quarter. Gamco Investors INC. ET AL boosted its stake in Air Products and Chemicals by 0.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock valued at $1,147,000 after acquiring an additional 35 shares during the last quarter. Revisor Wealth Management LLC boosted its stake in Air Products and Chemicals by 0.8% during the 1st quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock valued at $1,320,000 after acquiring an additional 36 shares during the last quarter. StoneX Group Inc. grew its holdings in Air Products and Chemicals by 1.3% during the 4th quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock worth $688,000 after acquiring an additional 36 shares in the last quarter. Finally, CYBER HORNET ETFs LLC grew its holdings in Air Products and Chemicals by 6.1% during the 4th quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock worth $159,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.5%

Shares of Air Products and Chemicals stock opened at $305.15 on Friday. The stock has a market capitalization of $67.95 billion, a price-to-earnings ratio of -1,387.03, a PEG ratio of 2.66 and a beta of 0.73. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month 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 business’s 50 day simple moving average is $297.78 and its 200-day simple moving average is $291.53.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the business earned $3.09 EPS. The firm’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 forecast that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given 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 is currently -3,290.91%.

Wall Street Analysts Forecast Growth

APD has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. JPMorgan Chase & Co. lifted their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Citigroup boosted their price objective 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. Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company increased their target price on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $332.76.

About Air Products and Chemicals

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.