Quantinno Capital Management LP Increases Holdings in Air Products and Chemicals, Inc. $APD

Quantinno Capital Management LP boosted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 88.9% during the 1st quarter, HoldingsChannel reports. The firm owned 106,523 shares of the basic materials company’s stock after buying an additional 50,136 shares during the period. Quantinno Capital Management LP’s holdings in Air Products and Chemicals were worth $30,944,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new stake in shares of Air Products and Chemicals in the fourth quarter valued at about $1,063,906,000. Capital International Investors increased its position 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 during the period. Viking Global Investors LP bought a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at about $607,601,000. Clearbridge Investments LLC lifted its position in shares of Air Products and Chemicals by 70.2% in the 4th quarter. Clearbridge Investments LLC now owns 2,694,659 shares of the basic materials company’s stock worth $665,609,000 after purchasing an additional 1,111,378 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Air Products and Chemicals by 644.6% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock valued at $281,258,000 after buying an additional 892,793 shares during the period. Institutional investors own 81.66% of the company’s stock.

Trending Headlines about Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Air Products reported fiscal Q3 adjusted EPS of $3.47, above the roughly $3.34–$3.36 analyst consensus, as higher on-site volumes, pricing and favorable currency effects supported results. Adjusted operating income reached $810 million. Air Products Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $13.39–$13.49 from its prior outlook and issued fourth-quarter guidance of $3.55–$3.65, both above consensus expectations. UBS lifted its price target to $336 while maintaining a neutral rating, and Mizuho raised its target to $355 with an outperform rating. Air Products Stock Surges After Strong Profit Growth, Raised Guidance
• Neutral Sentiment: Air Products is reducing fiscal 2026 capital expenditures to approximately $3.5 billion and is refocusing its project portfolio after exiting the Louisiana Clean Energy Complex, an Arizona liquid-hydrogen facility and other smaller clean-energy projects. The company also finalized a renewable-ammonia marketing agreement tied to the NEOM Green Hydrogen Project. Air Products Projects Fiscal 2026 EPS While Cutting Capital Expenditures
• Negative Sentiment: Revenue of $3.16 billion missed the $3.20 billion estimate, despite increasing 4.6% year over year. More significantly, GAAP results showed a $6.47 loss per share and a $2.1 billion operating loss, driven by charges related to project and asset actions, creating a major headline risk and likely contributing to the stock’s decline after its initial earnings-related strength. Air Products Swings to Third-Quarter Loss After Project Exits

Air Products and Chemicals Trading Down 1.5%

NYSE:APD opened at $295.74 on Friday. The stock has a market capitalization of $65.86 billion, a price-to-earnings ratio of -1,344.27, a PEG ratio of 2.68 and a beta of 0.73. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a quick ratio of 1.21, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The firm has a 50 day moving average of $289.73 and a 200 day moving average of $286.69.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the company earned $3.09 earnings per share. 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, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.44 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is 76.61%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on APD shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, May 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $358.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 17th. Citigroup boosted their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday. One investment 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 company. According to data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average price target of $331.76.

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.