Rathbones Group PLC Trims Stake in Air Products and Chemicals, Inc. $APD

Rathbones Group PLC cut its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,000 shares of the basic materials company’s stock after selling 486 shares during the period. Rathbones Group PLC’s holdings in Air Products and Chemicals were worth $12,411,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Delta Financial Advisors LLC lifted its stake in shares of Air Products and Chemicals by 0.7% in the 2nd quarter. Delta Financial Advisors LLC now owns 8,417 shares of the basic materials company’s stock valued at $2,374,000 after purchasing an additional 61 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Air Products and Chemicals by 7.3% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 443,663 shares of the basic materials company’s stock worth $125,140,000 after purchasing an additional 30,179 shares during the period. Parkside Financial Bank & Trust raised its holdings in Air Products and Chemicals by 47.6% in the second quarter. Parkside Financial Bank & Trust now owns 1,660 shares of the basic materials company’s stock worth $468,000 after purchasing an additional 535 shares in the last quarter. Aviva PLC lifted its position in Air Products and Chemicals by 7.1% during the second quarter. Aviva PLC now owns 166,331 shares of the basic materials company’s stock valued at $46,915,000 after buying an additional 10,961 shares during the period. Finally, AGF Management Ltd. lifted its position in Air Products and Chemicals by 8.2% during the second quarter. AGF Management Ltd. now owns 7,956 shares of the basic materials company’s stock valued at $2,244,000 after buying an additional 600 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.3%

Shares of NYSE APD opened at $259.50 on Monday. The firm’s 50 day moving average price is $268.94 and its 200-day moving average price is $278.25. Air Products and Chemicals, Inc. has a 52-week low of $235.55 and a 52-week high of $341.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29. The company has a market cap of $57.75 billion, a PE ratio of 37.34, a P/E/G ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the business earned $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Analysts Set New Price Targets

APD has been the topic of a number of recent research reports. UBS Group reduced their target price on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a research report on Friday. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Citigroup decreased their target price on shares of 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. Royal Bank Of Canada dropped their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Wells Fargo & Company cut their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and an average target price of $315.83.

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.