Air Products and Chemicals, Inc. $APD Stock: Cyndeo Wealth Partners LLC Boosts Holdings

Cyndeo Wealth Partners LLC grew its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 3,680.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 49,216 shares of the basic materials company’s stock after purchasing an additional 47,914 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Air Products and Chemicals were worth $13,401,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in APD. Evolution Wealth Management Inc. bought a new position in shares of Air Products and Chemicals during the 1st quarter worth approximately $25,000. Fiduciary Financial Advisors acquired a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $25,000. Cornerstone Planning Group LLC grew its holdings in shares of Air Products and Chemicals by 318.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 70 shares during the last quarter. Main Street Group LTD bought a new stake in Air Products and Chemicals during the 1st quarter worth $27,000. Finally, MJT & Associates Financial Advisory Group Inc. raised its stake in shares of Air Products and Chemicals by 77.6% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 45 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on APD shares. Evercore reaffirmed an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. UBS Group reduced their price target on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Royal Bank Of Canada lowered their price target on shares of Air Products and Chemicals from $360.00 to $346.00 and set an “outperform” rating on the stock in a research report on Thursday. Argus increased their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a research note on Wednesday, September 9th. Finally, Barclays began coverage on Air Products and Chemicals in a research note on Monday. They issued an “overweight” rating and a $353.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $333.88.

Air Products and Chemicals Stock Up 0.9%

Shares of Air Products and Chemicals stock opened at $299.19 on Friday. The company has a market cap of $66.63 billion, a price-to-earnings ratio of -1,359.98, a price-to-earnings-growth ratio of 2.79 and a beta of 0.76. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87. The company’s 50 day moving average is $293.80 and its 200 day moving average is $293.28.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the firm posted $3.09 earnings per share. The business’s revenue for the quarter 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. Research analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed 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. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

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.