Air Products and Chemicals stock is trading -16.6% below its average target price of $308.57 after dropping -1.1% during today's morning session. Analysts are giving the large-cap Chemicals company an average rating of buy and target prices ranging from $240.0 to $355.0 per share.
Air Products and Chemicals's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.8%. The stock's short ratio is 1.4. The company's insiders own 0.32% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 86.4%. In conclusion, we believe there is mixed market sentiment regarding Air Products and Chemicals.
Institutions Invested in Air Products and Chemicals
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 9% | 20,961,961 | $5,394,769,975 |
| 2023-09-30 | Blackrock Inc. | 7% | 14,595,640 | $3,756,333,696 |
| 2023-09-30 | State Farm Mutual Automobile Insurance Co | 6% | 12,956,300 | $3,334,433,178 |
| 2023-09-30 | State Street Corporation | 4% | 9,569,139 | $2,462,713,472 |
| 2023-09-30 | JP Morgan Chase & Company | 4% | 9,307,669 | $2,395,421,557 |
| 2023-09-30 | Bank of America Corporation | 3% | 6,611,657 | $1,701,575,948 |
| 2023-09-30 | Morgan Stanley | 2% | 5,302,455 | $1,364,639,741 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 4,366,954 | $1,123,879,217 |
| 2023-09-30 | Wells Fargo & Company | 2% | 4,158,546 | $1,070,243,337 |
| 2023-09-30 | Northern Trust Corporation | 2% | 3,829,919 | $985,667,897 |
