Regents Gate Capital LLP Takes $4.44 Million Position in Air Products and Chemicals, Inc. $APD

Regents Gate Capital LLP purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 16,283 shares of the basic materials company’s stock, valued at approximately $4,441,000. Air Products and Chemicals comprises 1.6% of Regents Gate Capital LLP’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds also recently bought and sold shares of the business. American Century Companies Inc. raised 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 period. Platform Technology Partners increased its position in Air Products and Chemicals by 683.0% during the third quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock worth $1,954,000 after purchasing an additional 6,249 shares during the last quarter. Rockland Trust Co. increased its position in Air Products and Chemicals by 5.5% during the third quarter. Rockland Trust Co. now owns 52,590 shares of the basic materials company’s stock worth $14,342,000 after purchasing an additional 2,741 shares during the last quarter. Swiss National Bank raised its stake in Air Products and Chemicals by 7.4% during the second 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 during the period. Finally, Vanguard Group Inc. boosted its holdings in Air Products and Chemicals by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock valued at $6,131,936,000 after purchasing an additional 324,885 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.2%

Shares of NYSE:APD opened at $275.78 on Monday. The firm has a market capitalization of $61.41 billion, a PE ratio of -182.64, a price-to-earnings-growth ratio of 2.70 and a beta of 0.88. 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 debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The firm’s 50-day moving average is $267.19 and its two-hundred day moving average is $266.88.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the previous year, the business posted $2.86 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. 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. Analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be given a dividend of $1.81 per share. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is currently -474.17%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on APD shares. Wolfe Research restated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, December 8th. Jefferies Financial Group increased their price objective on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. JPMorgan Chase & Co. upped their price target on Air Products and Chemicals from $260.00 to $280.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Finally, Mizuho cut their price objective on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Air Products and Chemicals currently has an average rating of “Hold” and a consensus target price of $295.88.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.88% of the company’s stock.

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.