S&CO Inc. Has $26.76 Million Stake in Air Products and Chemicals, Inc. $APD

S&CO Inc. reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 0.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 94,882 shares of the basic materials company’s stock after selling 340 shares during the quarter. Air Products and Chemicals comprises about 1.7% of S&CO Inc.’s investment portfolio, making the stock its 14th biggest position. S&CO Inc.’s holdings in Air Products and Chemicals were worth $26,762,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Financial Connections Group Inc. increased its position in Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after buying an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC grew its stake in shares of Air Products and Chemicals by 1.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after acquiring an additional 35 shares during the last quarter. Atlatl Advisers LLC increased its position in Air Products and Chemicals by 2.5% during the second quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after acquiring an additional 37 shares during the period. GPS Wealth Strategies Group LLC increased its position in Air Products and Chemicals by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after acquiring an additional 37 shares during the period. Finally, Hamilton Capital LLC raised its stake in Air Products and Chemicals by 1.5% during the 1st quarter. Hamilton Capital LLC now owns 2,594 shares of the basic materials company’s stock valued at $765,000 after purchasing an additional 38 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on APD. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. The Goldman Sachs Group set a $335.00 price target on Air Products and Chemicals in a research note on Wednesday, October 1st. JPMorgan Chase & Co. reduced their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Finally, Royal Bank Of Canada cut their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Friday. One investment 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 issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $315.83.

Air Products and Chemicals Stock Up 0.3%

Shares of APD opened at $259.50 on Monday. The company has a market capitalization of $57.75 billion, a P/E ratio of 37.34, a PEG ratio of 5.16 and a beta of 0.81. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. Air Products and Chemicals, Inc. has a one year low of $235.55 and a one year high of $341.14. The business’s 50 day simple moving average is $268.94 and its 200-day simple moving average is $278.25.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.18 billion. During the same quarter in the prior year, the firm earned $3.56 EPS. The company’s revenue was down .6% on a year-over-year basis. 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. As a group, sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

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.