Air Products and Chemicals, Inc. (NYSE:APD – Free Report) – Seaport Res Ptn reduced their Q2 2025 EPS estimates for Air Products and Chemicals in a research note issued on Monday, February 10th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings per share of $2.83 for the quarter, down from their prior estimate of $3.09. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.77 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals’ FY2025 earnings at $12.61 EPS and FY2026 earnings at $13.91 EPS.
Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The basic materials company reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $3.13 by ($0.27). Air Products and Chemicals had a return on equity of 15.78% and a net margin of 31.88%.
Air Products and Chemicals Trading Down 0.3 %
APD opened at $309.50 on Wednesday. Air Products and Chemicals has a 12 month low of $216.30 and a 12 month high of $341.14. The company has a current ratio of 1.11, a quick ratio of 1.34 and a debt-to-equity ratio of 0.71. The stock has a 50-day moving average of $308.90 and a 200 day moving average of $302.60. The firm has a market cap of $68.83 billion, a P/E ratio of 17.97, a P/E/G ratio of 3.47 and a beta of 0.85.
Hedge Funds Weigh In On Air Products and Chemicals
A number of large investors have recently made changes to their positions in APD. UniSuper Management Pty Ltd raised its stake in Air Products and Chemicals by 25.6% in the fourth quarter. UniSuper Management Pty Ltd now owns 15,969 shares of the basic materials company’s stock valued at $4,632,000 after buying an additional 3,251 shares during the last quarter. Moment Partners LLC purchased a new stake in Air Products and Chemicals during the 4th quarter worth approximately $331,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Air Products and Chemicals by 8.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 374,808 shares of the basic materials company’s stock worth $106,412,000 after buying an additional 29,843 shares during the last quarter. Korea Investment CORP lifted its stake in shares of Air Products and Chemicals by 71.8% during the fourth quarter. Korea Investment CORP now owns 144,102 shares of the basic materials company’s stock worth $41,795,000 after buying an additional 60,202 shares during the period. Finally, Cottage Street Advisors LLC increased its position in shares of Air Products and Chemicals by 7.4% in the 4th quarter. Cottage Street Advisors LLC now owns 1,004 shares of the basic materials company’s stock valued at $291,000 after acquiring an additional 69 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Air Products and Chemicals
In other Air Products and Chemicals news, VP Sean D. Major sold 4,500 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $315.46, for a total value of $1,419,570.00. Following the completion of the transaction, the vice president now directly owns 14,273 shares in the company, valued at approximately $4,502,560.58. The trade was a 23.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Francesco Maione sold 2,016 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $306.00, for a total transaction of $616,896.00. Following the completion of the sale, the insider now owns 3,834 shares in the company, valued at $1,173,204. This represents a 34.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,749 shares of company stock valued at $3,030,032. 0.41% of the stock is currently owned by corporate insiders.
Air Products and Chemicals Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $1.79 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.77. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.31%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 41.11%.
About Air Products and Chemicals
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.
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