Air Products and Chemicals, Inc. $APD Stock: First Financial Corp IN Grows Holdings

First Financial Corp IN grew its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 20,190.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,029 shares of the basic materials company’s stock after purchasing an additional 2,019 shares during the quarter. First Financial Corp IN’s holdings in Air Products and Chemicals were worth $552,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of APD. Evolution Wealth Management Inc. bought a new stake in shares of Air Products and Chemicals during the 1st quarter worth about $25,000. Fiduciary Financial Advisors acquired a new position in Air Products and Chemicals in the 2nd quarter valued at about $25,000. Cornerstone Planning Group LLC increased its stake in shares of Air Products and Chemicals by 318.2% during the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 70 shares during the period. Main Street Group LTD acquired a new stake in Air Products and Chemicals during the 1st quarter worth approximately $27,000. Finally, MJT & Associates Financial Advisory Group Inc. boosted its position in shares of Air Products and Chemicals by 77.6% in the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 45 shares during the period. 81.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on APD shares. Sanford C. Bernstein restated an “outperform” rating and set a $373.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 31st. Royal Bank Of Canada raised their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. KeyCorp assumed coverage on Air Products and Chemicals in a research report on Thursday, September 10th. They set a “sector weight” rating for the company. Finally, Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $334.71.

Air Products and Chemicals Price Performance

APD traded up $5.25 on Tuesday, reaching $289.12. The stock had a trading volume of 891,364 shares, compared to its average volume of 1,277,052. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The firm has a 50-day moving average of $294.01 and a 200-day moving average of $293.22. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $64.38 billion, a price-to-earnings ratio of -1,314.19, a price-to-earnings-growth ratio of 2.65 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.