APD stock icon

Air Products & Chemicals
APD

$270.47
1.1%

Market Cap: 60.1B

 

About: Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.6 billion in revenue in fiscal 2023.

Employees: 23,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 24 analysts
0
News positive %
of 26 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

11% more repeat investments, than reductions

Existing positions increased: 651 | Existing positions reduced: 586

4% less call options, than puts

Call options by funds: $375M | Put options by funds: $389M

2.56% less ownership

Funds ownership: 83.97% [Q4 2023] → 81.42% (-2.56%) [Q1 2024]

4% less funds holding

Funds holding: 1,665 [Q4 2023] → 1,594 (-71) [Q1 2024]

14% less capital invested

Capital invested by funds: $51B [Q4 2023] → $43.9B (-$7.18B) [Q1 2024]

16% less funds holding in top 10

Funds holding in top 10: 25 [Q4 2023] → 21 (-4) [Q1 2024]

32% less first-time investments, than exits

New positions opened: 154 | Existing positions closed: 225

Research analyst outlook

24 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$240
11%
downside
Avg. target
$277
2%
upside
High target
$320
18%
upside

24 analyst ratings

18 positive
75%
neutral
25%
negative
0%
Citigroup
Patrick Cunningham
13%upside
$305
Buy
Maintained
12 Jul 2024
BMO Capital
John McNulty
11%upside
$300
Outperform
Maintained
11 Jul 2024
UBS
Joshua Spector
1%downside
$268
Neutral
Maintained
9 Jul 2024
Deutsche Bank
David Begleiter
15%upside
$310
Buy
Maintained
10 Jun 2024
B of A Securities
Steve Byrne
15%upside
$312
Buy
Maintained
10 Jun 2024

Financial journalist opinion

Based on 26 articles about APD published over the past 30 days