Profund Advisors LLC Sells 575 Shares of Air Products and Chemicals, Inc. $APD

Profund Advisors LLC cut its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 14.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,501 shares of the basic materials company’s stock after selling 575 shares during the quarter. Profund Advisors LLC’s holdings in Air Products and Chemicals were worth $987,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. West Oak Capital LLC increased its stake in shares of Air Products and Chemicals by 12.2% during the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock worth $3,050,000 after purchasing an additional 1,180 shares during the last quarter. Chapin Davis Inc. lifted its stake in Air Products and Chemicals by 16.1% in the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after purchasing an additional 1,551 shares during the last quarter. Revisor Wealth Management LLC grew its holdings in Air Products and Chemicals by 110.4% during the second quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock worth $966,000 after purchasing an additional 1,713 shares during the period. Norden Group LLC increased its position in Air Products and Chemicals by 167.3% during the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 3,630 shares during the last quarter. Finally, Aberdeen Group plc raised its stake in Air Products and Chemicals by 4.1% in the second quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after buying an additional 4,492 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 1.3%

APD stock opened at $261.90 on Wednesday. Air Products and Chemicals, Inc. has a fifty-two week low of $235.55 and a fifty-two week 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 has a market capitalization of $58.29 billion, a price-to-earnings ratio of 37.68, a PEG ratio of 5.16 and a beta of 0.81. The business’s fifty day moving average price is $267.62 and its two-hundred day moving average price is $278.13.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating the consensus estimate 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 business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the prior year, the company posted $3.56 earnings per share. Air Products and Chemicals’s revenue was down .6% compared to the same quarter last year. 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 analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on APD. Evercore ISI reduced their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. JPMorgan Chase & Co. dropped their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Finally, UBS Group reduced their target price on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $316.54.

Air Products and Chemicals Company 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.