2,200 Shares in Air Products and Chemicals, Inc. $APD Bought by North Star Asset Management Inc.

North Star Asset Management Inc. purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,200 shares of the basic materials company’s stock, valued at approximately $645,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new position in shares of Air Products and Chemicals in the 4th quarter valued at about $25,000. Evolution Wealth Management Inc. purchased a new position in Air Products and Chemicals in the first quarter worth about $25,000. Fiduciary Financial Advisors bought a new stake in Air Products and Chemicals during the second quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new stake in Air Products and Chemicals during the fourth quarter worth approximately $25,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in Air Products and Chemicals during the fourth quarter valued at approximately $25,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APD has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Mizuho raised their price target on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Citigroup lifted their price objective on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, Evercore reiterated an “outperform” rating and set a $342.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus target price of $332.76.

Air Products and Chemicals Stock Up 0.9%

Shares of NYSE:APD opened at $308.27 on Friday. The firm has a market capitalization of $68.65 billion, a PE ratio of -1,401.23, a price-to-earnings-growth ratio of 2.65 and a beta of 0.73. The business has a 50 day simple moving average of $298.34 and a two-hundred day simple moving average of $291.65. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92.

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, topping the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the business posted $3.09 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. 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, equities 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 paid a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.3%. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

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.