Air Products and Chemicals, Inc. $APD Shares Bought by Capital International Investors

Capital International Investors raised its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 7.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,870,013 shares of the basic materials company’s stock after purchasing an additional 609,489 shares during the quarter. Capital International Investors’ holdings in Air Products and Chemicals were worth $2,419,029,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Traub Capital Management LLC acquired a new stake in shares of Air Products and Chemicals during the second quarter worth $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Air Products and Chemicals in the 2nd quarter valued at $28,000. Abound Wealth Management raised its position in Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after buying an additional 76 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of Air Products and Chemicals in the 3rd quarter worth $30,000. Finally, Cloud Capital Management LLC acquired a new stake 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Mizuho dropped their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Argus lowered their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Citigroup increased their target price on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. UBS Group raised their price target on Air Products and Chemicals from $250.00 to $285.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Finally, Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target on the stock in a research note on Thursday, January 8th. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Hold” and a consensus target price of $295.88.

Air Products and Chemicals Stock Up 0.9%

APD stock opened at $274.52 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. The company’s 50-day moving average price is $270.62 and its 200 day moving average price is $266.18. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $316.39. The company has a market cap of $61.13 billion, a P/E ratio of -181.80, a P/E/G ratio of 2.67 and a beta of 0.88.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The company had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period last year, the company posted $2.86 earnings per share. The firm’s quarterly 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. On average, research analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is -474.17%.

Insider Transactions at Air Products and Chemicals

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

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.