9,047 Shares in Air Products and Chemicals, Inc. $APD Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC acquired a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 9,047 shares of the basic materials company’s stock, valued at approximately $2,653,000.

Several other hedge funds also recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Air Products and Chemicals by 5.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock valued at $121,909,000 after buying an additional 23,760 shares during the period. Castle Rock Wealth Management LLC purchased a new position in shares of Air Products and Chemicals during the fourth quarter worth approximately $1,649,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Air Products and Chemicals by 22.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,511 shares of the basic materials company’s stock valued at $10,007,000 after acquiring an additional 7,485 shares in the last quarter. Staley Capital Advisers Inc. raised its stake in shares of Air Products and Chemicals by 108.2% during the fourth quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company’s stock valued at $35,579,000 after acquiring an additional 74,868 shares in the last quarter. Finally, Danske Bank A S boosted its holdings in shares of Air Products and Chemicals by 9.7% in the fourth quarter. Danske Bank A S now owns 127,263 shares of the basic materials company’s stock valued at $31,437,000 after purchasing an additional 11,263 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

APD opened at $308.86 on Monday. The firm has a market capitalization of $68.78 billion, a PE ratio of -1,403.92, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. 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 business’s 50-day moving average is $293.47 and its two-hundred day moving average is $289.49. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.87.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the firm posted $3.09 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis. 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. Research analysts anticipate that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada lifted their target price on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Citigroup increased their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research note on Friday, May 1st. UBS Group lifted their price objective on Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Bank of America increased their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals Company 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.