OMERS ADMINISTRATION Corp Has $5.58 Million Stake in Air Products and Chemicals, Inc. $APD

OMERS ADMINISTRATION Corp raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 11.3% in the 2nd quarter, Holdings Channel reports. The firm owned 19,036 shares of the basic materials company’s stock after purchasing an additional 1,930 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Air Products and Chemicals were worth $5,581,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in APD. Lloyd Advisory Services LLC. acquired a new position in shares of Air Products and Chemicals in the fourth quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in Air Products and Chemicals during the 1st quarter valued at approximately $25,000. Meeder Asset Management Inc. bought a new position in Air Products and Chemicals during the 4th quarter worth approximately $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Air Products and Chemicals in the 4th quarter worth approximately $25,000. Finally, Motiv8 Investments LLC acquired a new position in shares of Air Products and Chemicals in the 4th quarter worth approximately $26,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.3%

Shares of Air Products and Chemicals stock opened at $306.14 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock has a fifty day simple moving average of $296.28 and a 200 day simple moving average of $291.09. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The company has a market capitalization of $68.17 billion, a P/E ratio of -1,391.54, a price-to-earnings-growth ratio of 2.65 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate 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 firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued 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. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a research report on Monday, August 3rd. Evercore reissued an “outperform” rating and issued a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Citigroup upped their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Finally, Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. One investment 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals 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.