Air Products & Chemicals Inc (NYSE: APD) is 21.19% higher on its value in year-to-date trading and has touched a low of $212.24 and a high of $332.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APD stock was last observed hovering at around $328.88 in the last trading session, with the day’s gains setting it 2.95%.
Currently trading at $331.83, the stock is 4.90% and 6.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing 0.90% at the moment leaves the stock 23.36% off its SMA200. APD registered 20.99% gain for a year compared to 6-month gain of 25.40%. The firm has a 50-day simple moving average (SMA 50) of $310.619 and a 200-day simple moving average (SMA200) of $269.0029.
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The stock witnessed a 3.02% loss in the last 1 month and extending the period to 3 months gives it a 19.04%, and is 4.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.68% over the week and 1.88% over the month.
Air Products & Chemicals Inc (APD) has around 23000 employees, a market worth around $74.45B and $12.10B in sales. Current P/E ratio is 19.31 and Fwd P/E is 23.38. Profit margin for the company is 31.64%. Distance from 52-week low is 56.35% and -0.18% from its 52-week high. The company has generated returns on investments over the last 12 months (12.25%).
The EPS is expected to grow by 4.31% this year.
Air Products & Chemicals Inc (APD) Top Institutional Holders
2124.0 institutions hold shares in Air Products & Chemicals Inc (APD), with institutional investors hold 91.83% of the company’s shares. The shares outstanding are 222.20M, and float is at 220.66M with Short Float at 1.61%. Institutions hold 91.50% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 21.08 million shares valued at $5.44 billion. The investor’s holdings represent 9.4742% of the APD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.77 million shares valued at $4.33 billion to account for 7.5387 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 14.93 million shares representing 6.7116% and valued at over $3.85 billion, while STATE FARM MUTUAL AUTOMOBILE INSURANCE CO holds 5.529 of the shares totaling 12.3 million with a market value of $3.17 billion.
Air Products & Chemicals Inc (APD) Insider Activity
The most recent transaction is an insider sale by Kutz Jeffrey , the company’s VP, Controller & PAO. SEC filings show that Kutz Jeffrey sold 107 shares of the company’s common stock on Dec 05 ’23 at a price of $264.74 per share for a total of $28327.0. Following the sale, the insider now owns 1270.0 shares.
