Air Products and Chemicals, Inc. $APD Shares Acquired by Nvwm LLC

Nvwm LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 229.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,435 shares of the basic materials company’s stock after acquiring an additional 5,177 shares during the period. Nvwm LLC’s holdings in Air Products and Chemicals were worth $2,024,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp grew its stake in shares of Air Products and Chemicals by 277.4% in the second quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock worth $10,597,451,000 after acquiring an additional 28,050,956 shares during the period. BlackRock Inc. bought a new position in Air Products and Chemicals during the second quarter valued at approximately $5,370,093,000. Bank of America Corp DE lifted its position in Air Products and Chemicals by 14.3% during the first quarter. Bank of America Corp DE now owns 4,443,531 shares of the basic materials company’s stock valued at $1,290,801,000 after purchasing an additional 556,188 shares during the period. Envestnet Asset Management Inc. lifted its position in Air Products and Chemicals by 326.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company’s stock valued at $927,010,000 after purchasing an additional 2,563,873 shares during the period. Finally, Aristotle Capital Management LLC boosted its holdings in Air Products and Chemicals by 0.5% in the first quarter. Aristotle Capital Management LLC now owns 2,683,883 shares of the basic materials company’s stock worth $779,665,000 after purchasing an additional 14,262 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Mizuho lifted their target price on shares of 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. UBS Group lowered their price target on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Royal Bank Of Canada raised their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Finally, Citigroup cut their price objective on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $334.71.

Air Products and Chemicals Trading Up 1.2%

Shares of Air Products and Chemicals stock opened at $292.42 on Thursday. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The company’s fifty day simple moving average is $293.95 and its 200-day simple moving average is $293.21. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock has a market capitalization of $65.12 billion, a PE ratio of -1,329.18, a P/E/G ratio of 2.72 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS 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 during the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the business posted $3.09 EPS. Air Products and Chemicals’s revenue 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. As a group, equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given 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 2.5%. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.