Whipplewood Advisors LLC Purchases 47 Shares of Air Products and Chemicals, Inc. $APD

Whipplewood Advisors LLC increased its position in shares of Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 35.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178 shares of the basic materials company’s stock after purchasing an additional 47 shares during the period. Whipplewood Advisors LLC’s holdings in Air Products and Chemicals were worth $50,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Air Products and Chemicals by 14.5% in the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after acquiring an additional 412 shares during the last quarter. Bison Wealth LLC bought a new stake in Air Products and Chemicals in the 4th quarter valued at $245,000. GAMMA Investing LLC increased its holdings in Air Products and Chemicals by 8.0% in the 1st quarter. GAMMA Investing LLC now owns 4,238 shares of the basic materials company’s stock valued at $1,250,000 after acquiring an additional 314 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Air Products and Chemicals by 28.0% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 10,912 shares of the basic materials company’s stock valued at $3,218,000 after acquiring an additional 2,389 shares during the last quarter. Finally, Diversified Trust Co increased its holdings in Air Products and Chemicals by 5.7% in the 1st quarter. Diversified Trust Co now owns 1,512 shares of the basic materials company’s stock valued at $446,000 after acquiring an additional 81 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Insider Activity at Air Products and Chemicals

In related news, VP Victoria Brifo sold 1,359 shares of Air Products and Chemicals stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the transaction, the vice president directly owned 8,686 shares of the company’s stock, valued at approximately $2,539,612.68. The trade was a 13.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

APD has been the topic of a number of research reports. Citigroup reduced their price target on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $320.00 to $345.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Mizuho lifted their price objective on shares of Air Products and Chemicals from $310.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $330.00.

Check Out Our Latest Analysis on APD

Air Products and Chemicals Price Performance

APD stock opened at $255.90 on Tuesday. Air Products and Chemicals, Inc. has a 12 month low of $243.69 and a 12 month high of $341.14. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average price of $277.38 and a 200 day moving average price of $279.22. The stock has a market cap of $56.95 billion, a PE ratio of 36.82, a P/E/G ratio of 5.30 and a beta of 0.83.

Air Products and Chemicals (NYSE:APDGet Free Report) last released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same period in the previous year, the company earned $3.20 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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