PensionDanmark Pensionsforsikringsaktieselskab Grows Stock Position in Air Products and Chemicals, Inc. $APD

PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 38.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,586 shares of the basic materials company’s stock after purchasing an additional 12,266 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Air Products and Chemicals were worth $13,072,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Richardson Financial Services Inc. increased its holdings in Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after buying an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Air Products and Chemicals during the 4th quarter worth $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Air Products and Chemicals during the 1st quarter worth $25,000. Meeder Asset Management Inc. purchased a new stake in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 1.1%

Shares of APD stock opened at $303.35 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The stock has a fifty day simple moving average of $290.90 and a two-hundred day simple moving average of $287.76. The firm has a market capitalization of $67.55 billion, a PE ratio of -1,378.84, a PEG ratio of 2.61 and a beta of 0.73. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $314.87.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 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 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Mizuho lifted their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. upped their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Royal Bank Of Canada raised their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday. UBS Group boosted their price objective on Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $373.00 target price on shares of Air Products and Chemicals in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus price target of $332.76.

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.