Air Products and Chemicals, Inc. $APD Shares Purchased by Valeo Financial Advisors LLC

by · The Markets Daily

Valeo Financial Advisors LLC grew its holdings in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 452.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,462 shares of the basic materials company’s stock after purchasing an additional 11,843 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Air Products and Chemicals were worth $3,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analysts Set New Price Targets

APD has been the topic of a number of research analyst reports. Argus increased their price objective on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. KeyCorp assumed coverage on Air Products and Chemicals in a report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Wells Fargo & Company raised their price objective on Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $373.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $333.56.

Get Our Latest Analysis on APD

Air Products and Chemicals Stock Down 0.1%

Shares of APD traded down $0.27 during trading hours on Thursday, reaching $277.85. 278,126 shares of the stock traded hands, compared to its average volume of 1,282,460. 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 stock has a fifty day simple moving average of $295.02 and a 200 day simple moving average of $293.25. 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 market cap of $61.87 billion, a price-to-earnings ratio of -1,263.42, a PEG ratio of 2.64 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business 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 firm posted $3.09 EPS. The firm’s quarterly revenue 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. On average, equities analysts forecast 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 dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

Air Products and Chemicals Company Profile

(Free Report)

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.

Further Reading

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