XTX Topco Ltd Invests $654,000 in Air Products and Chemicals, Inc. $APD

XTX Topco Ltd bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,319 shares of the basic materials company’s stock, valued at approximately $654,000.

A number of other large investors also recently added to or reduced their stakes in the business. Dodge & Cox grew its stake in shares of Air Products and Chemicals by 31.5% during the first quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock valued at $2,583,417,000 after buying an additional 2,096,568 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Air Products and Chemicals by 110.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,441,752 shares of the basic materials company’s stock valued at $425,202,000 after acquiring an additional 756,780 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Air Products and Chemicals by 13.3% during the 2nd quarter. Franklin Resources Inc. now owns 3,794,781 shares of the basic materials company’s stock valued at $1,070,356,000 after acquiring an additional 444,855 shares during the period. Vanguard Group Inc. grew its position in Air Products and Chemicals by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock worth $6,131,936,000 after acquiring an additional 324,885 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Air Products and Chemicals by 5.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock worth $1,814,839,000 after acquiring an additional 310,799 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on APD shares. Royal Bank Of Canada lowered their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Wall Street Zen downgraded shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Mizuho set a $300.00 price target on shares of Air Products and Chemicals in a report on Friday, November 7th. Finally, Citigroup lowered their price objective 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. 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $313.75.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $257.05 on Wednesday. The business has a 50 day moving average of $258.21 and a 200 day moving average of $276.60. Air Products and Chemicals, Inc. has a 52 week low of $235.55 and a 52 week high of $341.14. The company has a market cap of $57.22 billion, a PE ratio of -144.41, a P/E/G ratio of 2.56 and a beta of 0.86. 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 (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, beating analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the previous year, the firm earned $3.56 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. 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 research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

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

About Air Products and Chemicals

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.