First Nebraska Trust Co Takes Position in Air Products and Chemicals, Inc. $APD

First Nebraska Trust Co purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the first quarter, Holdings Channel.com reports. The fund purchased 13,483 shares of the basic materials company’s stock, valued at approximately $3,917,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Air Products and Chemicals by 5.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock valued at $121,909,000 after buying an additional 23,760 shares in the last quarter. Assetmark Inc. grew its stake in shares of Air Products and Chemicals by 4.9% during the fourth quarter. Assetmark Inc. now owns 135,947 shares of the basic materials company’s stock worth $33,582,000 after buying an additional 6,342 shares during the last quarter. Castle Rock Wealth Management LLC acquired a new position in shares of Air Products and Chemicals during the fourth quarter worth $1,649,000. Cardinal Capital Management Inc. increased its holdings in shares of Air Products and Chemicals by 3.4% during the fourth quarter. Cardinal Capital Management Inc. now owns 124,278 shares of the basic materials company’s stock worth $30,699,000 after buying an additional 4,045 shares in the last quarter. Finally, Staley Capital Advisers Inc. lifted its stake in shares of Air Products and Chemicals by 108.2% in the 4th quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company’s stock valued at $35,579,000 after acquiring an additional 74,868 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on APD shares. Royal Bank Of Canada restated an “outperform” rating and set a $358.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 17th. JPMorgan Chase & Co. lifted their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed 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. Morgan Stanley raised their price objective on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $373.00 target price 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 issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $331.76.

Air Products and Chemicals Stock Down 1.5%

Shares of NYSE:APD opened at $295.74 on Friday. The firm has a market cap of $65.86 billion, a P/E ratio of -1,344.27, a P/E/G ratio of 2.63 and a beta of 0.73. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The business has a fifty day simple moving average of $289.73 and a 200 day simple moving average of $286.69. The company has a quick ratio of 1.21, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates 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 revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $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. Analysts predict that Air Products and Chemicals, Inc. will post 13.44 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

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

Key Headlines Impacting 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

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.