Air Products and Chemicals, Inc. $APD Position Lifted by Scotia Capital Inc.

Scotia Capital Inc. raised its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 12.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 33,183 shares of the basic materials company’s stock after purchasing an additional 3,726 shares during the period. Scotia Capital Inc.’s holdings in Air Products and Chemicals were worth $9,359,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC grew its position in shares of Air Products and Chemicals by 14.5% in the 4th 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 position in Air Products and Chemicals during the fourth quarter worth $245,000. Vestcor Inc lifted its stake in Air Products and Chemicals by 9.0% during the first quarter. Vestcor Inc now owns 4,359 shares of the basic materials company’s stock worth $1,286,000 after purchasing an additional 360 shares during the last quarter. Natixis Advisors LLC increased its stake in Air Products and Chemicals by 7.5% during the first quarter. Natixis Advisors LLC now owns 180,495 shares of the basic materials company’s stock valued at $53,232,000 after purchasing an additional 12,650 shares during the last quarter. Finally, Sound View Wealth Advisors Group LLC increased its stake in Air Products and Chemicals by 3.6% during the first quarter. Sound View Wealth Advisors Group LLC now owns 3,646 shares of the basic materials company’s stock valued at $1,075,000 after purchasing an additional 126 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on APD shares. Citigroup decreased their price target on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a report on Monday, October 6th. UBS Group cut their target price on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Royal Bank Of Canada lowered their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a report on Friday, November 7th. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Finally, JPMorgan Chase & Co. reduced their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $313.75.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $261.05 on Friday. The firm’s 50 day moving average is $259.14 and its two-hundred day moving average is $276.79. The firm has a market capitalization of $58.11 billion, a P/E ratio of 37.56, a PEG ratio of 5.16 and a beta of 0.81. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a 52 week low of $235.55 and a 52 week high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the previous year, the firm posted $3.56 earnings per share. The business’s revenue was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. Analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s payout ratio is currently -402.25%.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.