3,096 Air Products and Chemicals, Inc. $APD Shares Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC boosted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 11.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,072 shares of the basic materials company’s stock after acquiring an additional 3,096 shares during the quarter. Diversify Advisory Services LLC’s holdings in Air Products and Chemicals were worth $9,216,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL grew its stake in shares of Air Products and Chemicals by 0.9% during the second 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 in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. increased its position in shares of Air Products and Chemicals by 46.1% during the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 111 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 35 shares during the last quarter. Revisor Wealth Management LLC increased its position in shares of Air Products and Chemicals by 0.8% during the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after acquiring an additional 36 shares during the last quarter. Baader Bank Aktiengesellschaft lifted its stake in shares of Air Products and Chemicals by 0.7% in the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 37 shares in the last quarter. Finally, Northcape Wealth Management LLC lifted its stake in shares of Air Products and Chemicals by 0.4% in the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock worth $2,566,000 after acquiring an additional 37 shares in the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $302.46 on Wednesday. The stock has a market capitalization of $67.35 billion, a price-to-earnings ratio of -1,374.80, a PEG ratio of 2.81 and a beta of 0.76. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The company’s 50-day simple moving average is $293.49 and its 200-day simple moving average is $293.45. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $3.20 billion. During the same period in the previous year, the company earned $3.09 earnings per share. Air Products and Chemicals’s quarterly 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 analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on APD. Wells Fargo & Company increased their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Argus lifted their price objective 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. KeyCorp initiated coverage on Air Products and Chemicals in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Royal Bank Of Canada reduced their target price on Air Products and Chemicals from $360.00 to $346.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Finally, Morgan Stanley set a $320.00 target price on Air Products and Chemicals in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $333.88.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.