Aberdeen Group plc Has $25.01 Million Position in Air Products and Chemicals, Inc. $APD

Aberdeen Group plc cut its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 18.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 92,085 shares of the basic materials company’s stock after selling 20,942 shares during the quarter. Aberdeen Group plc’s holdings in Air Products and Chemicals were worth $25,008,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of APD. Brighton Jones LLC increased its position in shares of Air Products and Chemicals by 14.5% during the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares in the last quarter. Bison Wealth LLC bought a new stake in Air Products and Chemicals in the 4th quarter valued at $245,000. Nordea Investment Management AB boosted its stake in Air Products and Chemicals by 6.5% in the 2nd quarter. Nordea Investment Management AB now owns 19,229 shares of the basic materials company’s stock worth $5,413,000 after purchasing an additional 1,168 shares during the period. International Assets Investment Management LLC increased its holdings in Air Products and Chemicals by 7.6% during the 2nd quarter. International Assets Investment Management LLC now owns 2,293 shares of the basic materials company’s stock worth $647,000 after purchasing an additional 161 shares in the last quarter. Finally, Bogart Wealth LLC raised its stake in shares of Air Products and Chemicals by 92.1% in the 2nd quarter. Bogart Wealth LLC now owns 461 shares of the basic materials company’s stock valued at $130,000 after purchasing an additional 221 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Down 0.7%

Shares of APD stock opened at $277.75 on Wednesday. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $321.47. The stock has a market cap of $61.84 billion, a price-to-earnings ratio of -183.94, a PEG ratio of 2.74 and a beta of 0.87. The firm’s 50-day moving average is $261.24 and its 200-day moving average is $267.41. 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 (NYSE:APD) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share 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 for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter in the previous year, the business earned $2.86 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. 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. Sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The firm 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. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is -474.17%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on APD shares. Wolfe Research reiterated an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, December 8th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Bank of America upgraded shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective on the stock in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. Finally, Citigroup raised their target price on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $295.88.

Insider Buying and Selling

In other news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the transaction, the director directly owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.88% of the stock is currently owned by company insiders.

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.