Livforsakringsbolaget Skandia Omsesidigt Purchases New Shares in Air Products and Chemicals, Inc. $APD

Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,763 shares of the basic materials company’s stock, valued at approximately $516,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. bought a new position in shares of Air Products and Chemicals in the fourth quarter worth about $25,000. Evolution Wealth Management Inc. bought a new stake in shares of Air Products and Chemicals during the first quarter valued at approximately $25,000. Fiduciary Financial Advisors acquired a new stake in shares of Air Products and Chemicals in the second quarter valued at approximately $25,000. Meeder Asset Management Inc. bought a new position in Air Products and Chemicals in the 4th quarter worth approximately $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on APD. Sanford C. Bernstein reissued an “outperform” rating and issued a $373.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 31st. Weiss Ratings lowered Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a report on Friday, July 10th. Royal Bank Of Canada lifted their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, Mizuho upped their target price on shares of 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. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus target price of $332.76.

Air Products and Chemicals Trading Up 0.9%

NYSE:APD opened at $308.27 on Friday. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock has a market capitalization of $68.65 billion, a PE ratio of -1,401.23, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. The business’s 50-day simple moving average is $298.34 and its 200-day simple moving average is $291.65.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations 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%.Air Products and Chemicals’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $3.09 EPS. 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. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share 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. Stockholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.3%. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

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.