Baader Bank Aktiengesellschaft Cuts Stake in Air Products and Chemicals, Inc. $APD

Baader Bank Aktiengesellschaft trimmed its stake in Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 45.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,020 shares of the basic materials company’s stock after selling 4,258 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Air Products and Chemicals were worth $1,367,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of APD. American Century Companies Inc. increased its stake in Air Products and Chemicals by 10.4% during the second quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock worth $16,258,000 after acquiring an additional 5,430 shares during the last quarter. Swiss National Bank grew its holdings in shares of Air Products and Chemicals by 7.4% during the 2nd quarter. Swiss National Bank now owns 673,400 shares of the basic materials company’s stock worth $189,939,000 after purchasing an additional 46,200 shares during the period. Platform Technology Partners increased its position in Air Products and Chemicals by 683.0% during the 3rd quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock worth $1,954,000 after purchasing an additional 6,249 shares in the last quarter. Vanguard Group Inc. raised its holdings in Air Products and Chemicals by 1.5% in the second quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock valued at $6,131,936,000 after buying an additional 324,885 shares during the period. Finally, Tevis Investment Management acquired a new position in Air Products and Chemicals during the second quarter valued at approximately $667,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on APD. Sanford C. Bernstein reissued an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Argus reduced their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Mizuho decreased their target price on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Finally, Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, January 30th. Eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $295.88.

Get Our Latest Stock Report on APD

Air Products and Chemicals Trading Up 1.6%

NYSE:APD opened at $290.92 on Wednesday. The stock has a market cap of $64.78 billion, a price-to-earnings ratio of -192.66, a price-to-earnings-growth ratio of 2.81 and a beta of 0.87. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $321.47. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. The business’s 50-day simple moving average is $257.75 and its 200 day simple moving average is $267.61.

Air Products and Chemicals (NYSE:APDGet Free Report) last issued its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm earned $2.86 EPS. Air Products and Chemicals’s quarterly revenue was up 5.8% on a year-over-year basis. 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. As a group, sell-side analysts predict 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 business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be issued a $1.81 dividend. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is currently -474.17%.

About Air Products and Chemicals

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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