Saturna Capital Corp Has $28.65 Million Stock Position in Air Products and Chemicals, Inc. $APD

Saturna Capital Corp raised its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 2.2% during the fourth quarter, HoldingsChannel reports. The firm owned 115,991 shares of the basic materials company’s stock after acquiring an additional 2,456 shares during the quarter. Saturna Capital Corp’s holdings in Air Products and Chemicals were worth $28,652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Air Products and Chemicals by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock worth $5,509,702,000 after buying an additional 303,944 shares during the last quarter. Capital International Investors grew its position in Air Products and Chemicals by 44.2% in the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after acquiring an additional 3,922,567 shares during the last quarter. Capital Research Global Investors grew its position in Air Products and Chemicals by 1.2% in the fourth quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock valued at $2,940,665,000 after acquiring an additional 137,595 shares during the last quarter. State Street Corp raised its stake in Air Products and Chemicals by 1.1% during the third quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock worth $2,607,065,000 after acquiring an additional 106,578 shares in the last quarter. Finally, Dodge & Cox lifted its holdings in shares of Air Products and Chemicals by 2.1% in the third quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock worth $2,455,814,000 after acquiring an additional 183,492 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

APD has been the topic of several research reports. Berenberg Bank set a $350.00 price target on shares of Air Products and Chemicals and gave the company a “buy” rating in a report on Monday, April 20th. JPMorgan Chase & Co. increased their price objective on shares of 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. Mizuho set a $345.00 target price on shares of Air Products and Chemicals in a research report on Friday, May 1st. BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 target price on the stock in a research note on Friday, May 1st. Finally, Weiss Ratings upgraded shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $323.12.

Air Products and Chemicals Stock Down 2.2%

Air Products and Chemicals stock opened at $276.65 on Thursday. The firm has a market cap of $61.60 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 2.49 and a beta of 0.74. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The firm has a 50 day moving average price of $293.09 and a two-hundred day moving average price of $276.09.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data 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 net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same period in the prior year, the firm posted $2.69 EPS. The company’s quarterly revenue 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 company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is 76.19%.

Insiders Place Their Bets

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the transaction, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.88% of the company’s stock.

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.