Capital International Inc. CA increased its stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 22.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,894 shares of the basic materials company’s stock after purchasing an additional 23,407 shares during the quarter. Capital International Inc. CA owned about 0.06% of Air Products and Chemicals worth $34,879,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. American Century Companies Inc. increased its position in shares of Air Products and Chemicals by 10.4% during the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock valued at $16,258,000 after purchasing an additional 5,430 shares during the period. Platform Technology Partners raised its position in Air Products and Chemicals by 683.0% in the third quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock worth $1,954,000 after acquiring an additional 6,249 shares in the last quarter. Swiss National Bank lifted its holdings in Air Products and Chemicals by 7.4% in the 2nd quarter. Swiss National Bank now owns 673,400 shares of the basic materials company’s stock valued at $189,939,000 after acquiring an additional 46,200 shares during the last quarter. Rockland Trust Co. boosted its position in shares of Air Products and Chemicals by 5.5% during the 3rd quarter. Rockland Trust Co. now owns 52,590 shares of the basic materials company’s stock valued at $14,342,000 after purchasing an additional 2,741 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Air Products and Chemicals by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock worth $6,131,936,000 after purchasing an additional 324,885 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.
Analyst Upgrades and Downgrades
APD has been the subject of a number of research reports. Citigroup raised their target price on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a report on Wednesday, December 10th. Evercore decreased their price target on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target on the stock in a research report on Thursday, January 8th. Finally, Weiss Ratings downgraded Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $295.88.
Air Products and Chemicals Stock Performance
APD opened at $274.52 on Tuesday. The stock has a 50-day moving average of $270.62 and a 200-day moving average of $266.18. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $316.39. The company has a market cap of $61.13 billion, a PE ratio of -181.80, a price-to-earnings-growth ratio of 2.67 and a beta of 0.88.
Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the prior year, the business earned $2.86 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.
Air Products and Chemicals Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 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 2.6%. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is currently -474.17%.
Insider Activity at Air Products and Chemicals
In related news, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.88% of the company’s stock.
Air Products and Chemicals Profile
Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.
The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.
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