Blue Zone Wealth Advisors LLC Acquires 549 Shares of Air Products and Chemicals, Inc. $APD

Blue Zone Wealth Advisors LLC lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 3.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,715 shares of the basic materials company’s stock after acquiring an additional 549 shares during the period. Blue Zone Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $4,997,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Blue Trust Inc. boosted its stake in shares of Air Products and Chemicals by 46.3% in the second quarter. Blue Trust Inc. now owns 3,304 shares of the basic materials company’s stock worth $932,000 after acquiring an additional 1,045 shares during the period. Total Wealth Planning & Management Inc. boosted its stake in Air Products and Chemicals by 23.1% during the second quarter. Total Wealth Planning & Management Inc. now owns 1,421 shares of the basic materials company’s stock valued at $401,000 after buying an additional 267 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in Air Products and Chemicals by 6.6% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 4,109 shares of the basic materials company’s stock valued at $1,159,000 after buying an additional 253 shares during the last quarter. Stonebridge Financial Group LLC boosted its stake in Air Products and Chemicals by 4.9% during the second quarter. Stonebridge Financial Group LLC now owns 13,907 shares of the basic materials company’s stock valued at $3,923,000 after buying an additional 645 shares during the last quarter. Finally, Callan Family Office LLC boosted its stake in Air Products and Chemicals by 141.5% during the second quarter. Callan Family Office LLC now owns 31,830 shares of the basic materials company’s stock valued at $8,978,000 after buying an additional 18,648 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Down 2.1%

Shares of APD stock opened at $257.28 on Friday. Air Products and Chemicals, Inc. has a 1 year low of $243.69 and a 1 year high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The stock’s 50 day simple moving average is $284.80 and its two-hundred day simple moving average is $280.83. The company has a market cap of $57.26 billion, a PE ratio of 37.02, a price-to-earnings-growth ratio of 5.45 and a beta of 0.83.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.95 billion. During the same period in the prior year, the business posted $3.20 earnings per share. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. Research analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Wednesday, October 1st will be issued a $1.79 dividend. This represents a $7.16 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, October 1st. Air Products and Chemicals’s dividend payout ratio is presently 103.02%.

Insider Buying and Selling at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total value of $397,344.42. Following the sale, the vice president directly owned 8,686 shares in the company, valued at approximately $2,539,612.68. This represents a 13.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. UBS Group dropped their price target on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating for the company in a research note on Monday. Wells Fargo & Company increased their price target on Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a research note on Monday, July 14th. Citigroup dropped their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research note on Monday, October 6th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Mizuho upped their price objective on Air Products and Chemicals from $310.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $330.00.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.