Air Products and Chemicals, Inc. $APD Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 462,959 shares of the basic materials company’s stock after purchasing an additional 19,296 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Air Products and Chemicals were worth $126,258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of APD. Traub Capital Management LLC purchased a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Air Products and Chemicals during the second quarter valued at $28,000. Abound Wealth Management lifted its stake in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares in the last quarter. Westside Investment Management Inc. grew its stake in Air Products and Chemicals by 228.1% during the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. Finally, Cloud Capital Management LLC purchased a new position in Air Products and Chemicals during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. The trade was 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 the SEC website. Corporate insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $276.27 on Friday. The company has a market cap of $61.51 billion, a price-to-earnings ratio of -182.96, a PEG ratio of 2.75 and a beta of 0.87. The business has a 50 day moving average price of $266.47 and a 200 day moving average price of $267.28. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $321.47.

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 (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the company posted $2.86 earnings per share. Air Products and Chemicals’s quarterly revenue was up 5.8% on a year-over-year basis. 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. Research analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a dividend of $1.81 per share. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is presently -474.17%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on APD shares. Sanford C. Bernstein reissued an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Weiss Ratings cut Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 13th. Citigroup raised their price objective on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. UBS Group boosted their target price on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Finally, Jefferies Financial Group lifted their price objective on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Air Products and Chemicals has an average rating of “Hold” and a consensus price target of $295.88.

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.