Osmosis Investment Management UK Ltd Decreases Holdings in Air Products and Chemicals, Inc. $APD

Osmosis Investment Management UK Ltd reduced its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 83.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,045 shares of the basic materials company’s stock after selling 10,638 shares during the period. Osmosis Investment Management UK Ltd’s holdings in Air Products and Chemicals were worth $600,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of APD. BlackRock Inc. acquired a new position in shares of Air Products and Chemicals during the second quarter worth $5,370,093,000. Norges Bank acquired a new stake in Air Products and Chemicals during the 4th quarter valued at $1,063,906,000. Capital International Investors grew its holdings in Air Products and Chemicals by 44.2% during the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after purchasing an additional 3,922,567 shares in the last quarter. Viking Global Investors LP purchased a new stake in Air Products and Chemicals during the 2nd quarter worth $607,601,000. Finally, Bank of New York Mellon Corp acquired a new position in Air Products and Chemicals in the 2nd quarter worth $495,201,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Trading Down 0.8%

NYSE:APD opened at $303.92 on Wednesday. The company has a market cap of $67.68 billion, a PE ratio of -1,381.43, a P/E/G ratio of 2.66 and a beta of 0.73. The business’s 50 day moving average is $296.76 and its two-hundred day moving average is $291.21. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on APD. Royal Bank Of Canada upped their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 10th. BMO Capital Markets raised Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target for the company in a report on Friday, May 1st. Mizuho raised their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, UBS Group lifted their price objective on Air Products and Chemicals from $330.00 to $336.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $332.76.

Air Products and Chemicals Company 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.