Hsbc Holdings PLC Has $124.59 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

Hsbc Holdings PLC reduced its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 5.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 441,328 shares of the basic materials company’s stock after selling 25,612 shares during the period. Hsbc Holdings PLC owned 0.20% of Air Products and Chemicals worth $124,592,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. West Oak Capital LLC grew its position in Air Products and Chemicals by 12.2% in the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock valued at $3,050,000 after purchasing an additional 1,180 shares during the period. Farmers & Merchants Investments Inc. raised its holdings in Air Products and Chemicals by 1.8% during the second quarter. Farmers & Merchants Investments Inc. now owns 74,225 shares of the basic materials company’s stock worth $20,936,000 after buying an additional 1,300 shares during the last quarter. Revisor Wealth Management LLC lifted its stake in shares of Air Products and Chemicals by 110.4% in the second quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock valued at $966,000 after buying an additional 1,713 shares in the last quarter. Chapin Davis Inc. grew its holdings in shares of Air Products and Chemicals by 16.1% during the second quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after buying an additional 1,551 shares during the last quarter. Finally, Norden Group LLC increased its position in shares of Air Products and Chemicals by 167.3% during the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after acquiring an additional 3,630 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $261.05 on Friday. The business’s fifty day simple moving average is $259.14 and its 200 day simple moving average is $276.79. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals, Inc. has a 12 month low of $235.55 and a 12 month high of $341.14. The firm has a market capitalization of $58.11 billion, a P/E ratio of 37.56, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The business’s revenue was down .6% compared to the same quarter last year. During the same period last year, the firm posted $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. As a group, analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio is currently -402.25%.

Wall Street Analysts Forecast Growth

APD has been the topic of several recent research reports. Royal Bank Of Canada dropped their price target on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research report on Friday, November 7th. Wall Street Zen lowered Air Products and Chemicals from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Mizuho set a $300.00 price objective on Air Products and Chemicals in a research note on Friday, November 7th. Finally, The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $313.75.

About Air Products and Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.