Swiss Life Asset Management Ltd Purchases 1,634 Shares of Air Products and Chemicals, Inc. $APD

Swiss Life Asset Management Ltd raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,917 shares of the basic materials company’s stock after buying an additional 1,634 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Air Products and Chemicals were worth $6,402,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Holos Integrated Wealth LLC purchased a new stake in Air Products and Chemicals during the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. grew its holdings in Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the last quarter. Caitlin John LLC acquired a new position in shares of Air Products and Chemicals during the third quarter worth $30,000. Financial Life Planners purchased a new stake in shares of Air Products and Chemicals during the 3rd quarter valued at $30,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of Air Products and Chemicals during the 3rd quarter valued at $34,000. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Trading Up 0.9%

Shares of NYSE:APD opened at $306.36 on Thursday. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96. The stock has a market cap of $68.22 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 2.67 and a beta of 0.77. The business has a 50-day moving average price of $291.86 and a 200-day moving average price of $271.39.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the firm earned $2.69 earnings per share. Air Products and Chemicals’s revenue for the quarter was up 8.8% on a year-over-year basis. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Equities analysts predict that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on APD shares. Royal Bank Of Canada upped their target price on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. UBS Group raised their price target on Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Mizuho set a $345.00 price objective on shares of Air Products and Chemicals in a report 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 report on Monday, May 4th. Finally, Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $323.12.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.88% of the stock is owned by corporate insiders.

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.