AG2R LA Mondiale Gestion D Actifs Raises Position in Air Products and Chemicals, Inc. $APD

AG2R LA Mondiale Gestion D Actifs grew its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 30.1% during the fourth quarter, HoldingsChannel reports. The firm owned 11,675 shares of the basic materials company’s stock after purchasing an additional 2,703 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Air Products and Chemicals were worth $2,884,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Holos Integrated Wealth LLC purchased a new position in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Richardson Financial Services Inc. raised its position in shares of Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares during the period. Caitlin John LLC purchased a new position in shares of Air Products and Chemicals in the 3rd quarter worth $30,000. Financial Life Planners purchased a new position in shares of Air Products and Chemicals in the 3rd quarter worth $30,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Air Products and Chemicals in the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on APD. Bank of America increased their target price on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Royal Bank Of Canada increased their target price on Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Jefferies Financial Group increased their target price 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, Citigroup increased their price target on Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a report on Monday, April 13th. One 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $323.12.

Air Products and Chemicals Stock Up 3.1%

Shares of Air Products and Chemicals stock opened at $304.63 on Tuesday. The business has a 50-day moving average of $290.71 and a 200-day moving average of $270.67. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a market capitalization of $67.83 billion, a PE ratio of 32.24, a P/E/G ratio of 2.59 and a beta of 0.77. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.29.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 13.2 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company 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. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s 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 owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the transaction, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.88% of the company’s stock.

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.