Air Products and Chemicals, Inc. $APD Stock Holdings Increased by Mitchell & Pahl Private Wealth LLC

Mitchell & Pahl Private Wealth LLC lifted its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 34.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,724 shares of the basic materials company’s stock after buying an additional 3,512 shares during the quarter. Air Products and Chemicals comprises 1.3% of Mitchell & Pahl Private Wealth LLC’s portfolio, making the stock its 16th biggest holding. Mitchell & Pahl Private Wealth LLC’s holdings in Air Products and Chemicals were worth $3,800,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. S&CO Inc. bought a new stake in Air Products and Chemicals during the 2nd quarter worth approximately $27,733,000. Neville Rodie & Shaw Inc. lifted its holdings in Air Products and Chemicals by 1,457.1% during the third quarter. Neville Rodie & Shaw Inc. now owns 28,806 shares of the basic materials company’s stock valued at $7,851,000 after purchasing an additional 26,956 shares in the last quarter. Park National Corp OH boosted its position in shares of Air Products and Chemicals by 66.7% in the third quarter. Park National Corp OH now owns 24,538 shares of the basic materials company’s stock worth $6,761,000 after purchasing an additional 9,817 shares during the period. NewEdge Advisors LLC boosted its position in shares of Air Products and Chemicals by 26.7% in the first quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock worth $16,573,000 after purchasing an additional 12,020 shares during the period. Finally, Rockland Trust Co. boosted its position in shares of Air Products and Chemicals by 7.0% in the second quarter. Rockland Trust Co. now owns 65,322 shares of the basic materials company’s stock worth $19,151,000 after purchasing an additional 4,279 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock traded up $3.46 during trading on Wednesday, reaching $292.42. 1,046,382 shares of the stock traded hands, compared to its average volume of 1,275,878. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $314.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The business has a fifty day simple moving average of $293.95 and a two-hundred day simple moving average of $293.21. The company has a market capitalization of $65.12 billion, a price-to-earnings ratio of -1,329.18, a P/E/G ratio of 2.67 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results 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 business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the business posted $3.09 EPS. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. 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. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

Analysts Set New Price Targets

Several analysts have recently commented on APD shares. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Barclays started coverage on Air Products and Chemicals in a research note on Monday. They issued an “overweight” rating and a $353.00 price target for the company. Royal Bank Of Canada raised their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average target price of $334.71.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.