Mitsubishi UFJ Trust & Banking Corp Lowers Stock Holdings in Air Products and Chemicals, Inc. $APD

Mitsubishi UFJ Trust & Banking Corp lessened its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,422 shares of the basic materials company’s stock after selling 4,473 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Air Products and Chemicals were worth $26,569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. American Century Companies Inc. lifted its holdings in shares of Air Products and Chemicals by 10.4% during the 2nd 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. Aberdeen Group plc raised its position in Air Products and Chemicals by 4.1% during the second quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after purchasing an additional 4,492 shares in the last quarter. Swiss National Bank boosted its holdings 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 purchasing an additional 46,200 shares in the last quarter. Platform Technology Partners increased its position in shares of 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 valued at $1,954,000 after purchasing an additional 6,249 shares during the last quarter. Finally, KLP Kapitalforvaltning AS raised its holdings in shares of Air Products and Chemicals by 4.6% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 80,353 shares of the basic materials company’s stock valued at $22,664,000 after buying an additional 3,500 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

APD has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Wells Fargo & Company reiterated 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. The Goldman Sachs Group set a $335.00 price target on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday, December 29th. Finally, Royal Bank Of Canada reduced 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. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $293.80.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $262.60 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98. The company has a market cap of $58.45 billion, a price-to-earnings ratio of -147.53, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $341.14. The company has a 50-day moving average price of $253.83 and a 200-day moving average price of $269.10.

Air Products and Chemicals (NYSE:APD) 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 business had revenue of $3.13 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the company posted $3.56 EPS. 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 anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

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

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.