Fideuram Asset Management Ireland dac Acquires New Holdings in Air Products and Chemicals, Inc. $APD

Fideuram Asset Management Ireland dac acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 8,886 shares of the basic materials company’s stock, valued at approximately $2,195,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Air Products and Chemicals by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock worth $5,509,702,000 after buying an additional 303,944 shares during the period. Capital Research Global Investors increased its position in Air Products and Chemicals by 2.4% in the 3rd quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock worth $3,209,068,000 after buying an additional 272,197 shares during the period. State Street Corp increased its position in Air Products and Chemicals by 1.1% in the 3rd quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock worth $2,607,065,000 after buying an additional 106,578 shares during the period. Dodge & Cox increased its position in Air Products and Chemicals by 2.1% in the 3rd quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock worth $2,455,814,000 after buying an additional 183,492 shares during the period. Finally, Capital International Investors increased its position in Air Products and Chemicals by 7.4% in the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock worth $2,419,029,000 after buying an additional 609,489 shares during the period. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $278.37 on Friday. The business has a fifty day simple moving average of $294.21 and a 200 day simple moving average of $274.66. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $61.99 billion, a price-to-earnings ratio of 29.46, a PEG ratio of 2.49 and a beta of 0.77. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $307.96.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.Air Products and Chemicals’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.69 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals’s payout ratio is currently 76.19%.

Analyst Ratings Changes

Several brokerages have commented on APD. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, May 4th. Berenberg Bank set a $350.00 price target on Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. Mizuho set a $345.00 price target on Air Products and Chemicals in a research report on Friday, May 1st. Jefferies Financial Group lifted their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Finally, UBS Group boosted their price objective on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $323.12.

Insider Buying and Selling

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.88% of the stock is currently owned by corporate insiders.

About Air Products and Chemicals

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.