Air Products and Chemicals, Inc. $APD Shares Sold by Candriam S.C.A.

Candriam S.C.A. reduced its position in Air Products and Chemicals, Inc. (NYSE:APD) by 11.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 42,684 shares of the basic materials company’s stock after selling 5,434 shares during the quarter. Candriam S.C.A.’s holdings in Air Products and Chemicals were worth $11,641,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of APD. Vanguard Group Inc. boosted its stake 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 purchasing an additional 324,885 shares during the period. State Street Corp raised its holdings in shares of Air Products and Chemicals by 1.9% in the second quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock valued at $2,666,289,000 after buying an additional 180,056 shares during the last quarter. Dodge & Cox boosted its stake in shares of Air Products and Chemicals by 0.7% during the second quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock worth $2,488,164,000 after buying an additional 61,678 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Air Products and Chemicals by 5.1% during the second quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock worth $1,814,839,000 after buying an additional 310,799 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Air Products and Chemicals by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 5,134,550 shares of the basic materials company’s stock valued at $1,450,526,000 after acquiring an additional 27,256 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

APD has been the subject of a number of recent research reports. Argus decreased their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Citigroup increased their price target on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. BMO Capital Markets restated a “market perform” rating and issued a $282.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Finally, Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, January 30th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $295.88.

Air Products and Chemicals Stock Up 1.6%

Air Products and Chemicals stock opened at $290.92 on Wednesday. The stock’s 50 day moving average price is $257.75 and its 200 day moving average price is $267.61. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $321.47. The company has a market cap of $64.78 billion, a PE ratio of -192.66, a price-to-earnings-growth ratio of 2.81 and a beta of 0.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.12. The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.Air Products and Chemicals’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.86 earnings per share. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be given a dividend of $1.81 per share. The ex-dividend date is Wednesday, April 1st. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a yield of 2.5%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -474.17%.

Air Products and Chemicals 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.