Jupiter Topco LLC Invests $13.70 Million in Air Products and Chemicals, Inc. $APD

Jupiter Topco LLC acquired a new position in Air Products and Chemicals, Inc. (NYSE:APD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 46,762 shares of the basic materials company’s stock, valued at approximately $13,696,000.

Several other large investors also recently added to or reduced their stakes in APD. Evolution Wealth Management Inc. bought a new position in Air Products and Chemicals in the 1st quarter worth about $25,000. Fiduciary Financial Advisors bought a new stake in shares of Air Products and Chemicals during the 2nd quarter valued at about $25,000. Cornerstone Planning Group LLC boosted its position in shares of Air Products and Chemicals by 318.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 70 shares during the last quarter. Main Street Group LTD purchased a new position in shares of Air Products and Chemicals during the first quarter worth about $27,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Air Products and Chemicals during the fourth quarter worth about $25,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $308.27 on Friday. The company has a market capitalization of $68.65 billion, a price-to-earnings ratio of -1,401.23, a PEG ratio of 2.68 and a beta of 0.73. The business has a 50 day moving average of $298.34 and a 200 day moving average of $291.65. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87.

Air Products and Chemicals (NYSE:APD) last issued 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 business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations 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 business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the business earned $3.09 earnings per share. 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 predict 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 firm 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 dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.3%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -3,290.91%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Sanford C. Bernstein reissued an “outperform” rating and issued a $373.00 price target on shares of Air Products and Chemicals in a report on Friday, July 31st. Evercore restated an “outperform” rating and set a $342.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 10th. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. Finally, Citigroup upped their target price on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. One equities research 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 stock. According to MarketBeat.com, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and a consensus target price of $332.76.

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.