Oregon Public Employees Retirement Fund Has $6.94 Million Position in Air Products and Chemicals, Inc. $APD

Oregon Public Employees Retirement Fund lifted its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 32.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,456 shares of the basic materials company’s stock after acquiring an additional 6,290 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Air Products and Chemicals were worth $6,942,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Nisa Investment Advisors LLC increased its holdings in Air Products and Chemicals by 3.5% in the third quarter. Nisa Investment Advisors LLC now owns 62,916 shares of the basic materials company’s stock worth $17,158,000 after buying an additional 2,147 shares during the last quarter. Harrell Investment Partners LLC increased its stake in shares of Air Products and Chemicals by 1.0% during the 3rd quarter. Harrell Investment Partners LLC now owns 17,321 shares of the basic materials company’s stock worth $4,724,000 after purchasing an additional 166 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Air Products and Chemicals in the 3rd quarter valued at $69,000. Ferguson Wellman Capital Management Inc. boosted its holdings in Air Products and Chemicals by 1.6% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 2,596 shares of the basic materials company’s stock worth $708,000 after purchasing an additional 42 shares in the last quarter. Finally, United Asset Strategies Inc. increased its position in Air Products and Chemicals by 0.3% during the third quarter. United Asset Strategies Inc. now owns 21,692 shares of the basic materials company’s stock worth $5,916,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

APD has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut 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. Citigroup cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $300.00 to $245.00 in a research note on Monday, December 15th. Wall Street Zen downgraded shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a report on Sunday, December 14th. Wells Fargo & Company restated an “equal weight” rating and set a $250.00 price target (down from $330.00) on shares of Air Products and Chemicals in a report on Friday, December 19th. Finally, UBS Group lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $310.00 to $250.00 in a research note on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average price target of $292.00.

Air Products and Chemicals Trading Up 0.9%

Air Products and Chemicals stock opened at $263.52 on Friday. The business has a 50 day moving average price of $251.49 and a two-hundred day moving average price of $271.13. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $341.14. The stock has a market cap of $58.66 billion, a price-to-earnings ratio of -148.04, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.Air Products and Chemicals’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the business earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

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

Air Products and Chemicals Company 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.