Evelyn Partners Investment Management Europe Ltd Acquires New Stake in Air Products and Chemicals, Inc. $APD

Evelyn Partners Investment Management Europe Ltd bought a new position in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 270 shares of the basic materials company’s stock, valued at approximately $76,000.

Several other hedge funds also recently modified their holdings of APD. Saudi Central Bank bought a new position in Air Products and Chemicals during the first quarter valued at about $26,000. Traub Capital Management LLC bought a new stake in Air Products and Chemicals in the second quarter worth about $28,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals in the 1st quarter valued at about $27,000. Westside Investment Management Inc. boosted its position in shares of Air Products and Chemicals by 228.1% during the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Financial Connections Group Inc. grew its stake in shares of 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 purchasing an additional 35 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on APD shares. Mizuho set a $300.00 price target on Air Products and Chemicals in a report on Friday, November 7th. Evercore ISI cut their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. UBS Group reduced their target price on 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. Citigroup dropped their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Finally, The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $313.75.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $257.39 on Friday. Air Products and Chemicals, Inc. has a 12 month low of $235.55 and a 12 month high of $341.14. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. The stock has a market cap of $57.28 billion, a PE ratio of 37.03, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The business has a fifty day simple moving average of $262.21 and a 200-day simple moving average of $277.16.

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 (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the prior year, the business earned $3.56 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be given a dividend of $1.79 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a yield of 2.8%. Air Products and Chemicals’s payout ratio is presently -402.25%.

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.