Mufg Securities Americas Inc. Increases Position in Air Products and Chemicals, Inc. $APD

Mufg Securities Americas Inc. lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 25.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,932 shares of the basic materials company’s stock after acquiring an additional 994 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Air Products and Chemicals were worth $1,391,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of APD. Financial Connections Group Inc. grew its stake in Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC boosted its holdings in shares of Air Products and Chemicals by 1.6% in the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after buying an additional 35 shares during the last quarter. YANKCOM Partnership grew its position in Air Products and Chemicals by 1.3% during the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after buying an additional 35 shares during the period. Atlatl Advisers LLC increased its holdings in Air Products and Chemicals by 2.5% during the second quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after buying an additional 37 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in Air Products and Chemicals by 7.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after acquiring an additional 37 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. 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 research note on Monday, October 6th. Evercore ISI decreased their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Royal Bank Of Canada dropped their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research report on Friday, November 7th. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Finally, JPMorgan Chase & Co. lowered their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $313.75.

Read Our Latest Research Report on Air Products and Chemicals

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $257.39 on Friday. Air Products and Chemicals, Inc. has a 1-year low of $235.55 and a 1-year high of $341.14. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $57.28 billion, a PE ratio of 37.03, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The firm’s 50 day simple moving average is $262.21 and its 200 day simple moving average is $277.23.

Air Products and Chemicals (NYSE:APDGet Free Report) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the business earned $3.56 EPS. 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. As a group, analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

About Air Products and Chemicals

(Free Report)

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.

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

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