Strs Ohio Increases Stock Position in Air Products and Chemicals, Inc. $APD

Strs Ohio boosted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 36.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 203,368 shares of the basic materials company’s stock after acquiring an additional 54,157 shares during the period. Strs Ohio’s holdings in Air Products and Chemicals were worth $55,463,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of APD. American Century Companies Inc. lifted its position in shares of Air Products and Chemicals by 10.4% in the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock worth $16,258,000 after purchasing an additional 5,430 shares during the period. Norden Group LLC lifted its holdings in Air Products and Chemicals by 167.3% in the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 3,630 shares during the period. Aberdeen Group plc boosted its position in Air Products and Chemicals by 4.1% during the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after acquiring an additional 4,492 shares in the last quarter. Swiss National Bank raised its position in shares of Air Products and Chemicals by 7.4% in the 2nd quarter. Swiss National Bank now owns 673,400 shares of the basic materials company’s stock worth $189,939,000 after acquiring an additional 46,200 shares in the last quarter. Finally, Platform Technology Partners lifted its stake in shares of Air Products and Chemicals by 683.0% in the 3rd quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock valued at $1,954,000 after purchasing an additional 6,249 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.2%

Shares of APD stock opened at $263.68 on Friday. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $341.14. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The firm has a market capitalization of $58.69 billion, a PE ratio of -148.13, a PEG ratio of 2.59 and a beta of 0.87. The stock has a fifty day simple moving average of $253.60 and a two-hundred day simple moving average of $269.85.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.13 billion for 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%.The business’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. On average, analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders 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 yield of 2.7%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on APD shares. Evercore ISI decreased their price objective on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday, November 11th. Wolfe Research restated an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, December 8th. Weiss Ratings reissued a “sell (d+)” rating on shares of Air Products and Chemicals in a research report on Monday, December 29th. Royal Bank Of Canada lowered their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Friday, November 7th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $250.00 target price (down previously from $330.00) on shares of Air Products and Chemicals in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $293.80.

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.