Nykredit A S Takes Position in Air Products and Chemicals, Inc. $APD

Nykredit A S bought a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 85,554 shares of the basic materials company’s stock, valued at approximately $25,083,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of APD. Tranquilli Financial Advisor LLC raised its position in shares of Air Products and Chemicals by 5.6% in the 2nd quarter. Tranquilli Financial Advisor LLC now owns 1,122 shares of the basic materials company’s stock valued at $329,000 after buying an additional 60 shares in the last quarter. Banco de Sabadell S.A boosted its position in shares of Air Products and Chemicals by 1.2% during the 2nd quarter. Banco de Sabadell S.A now owns 7,042 shares of the basic materials company’s stock worth $2,069,000 after acquiring an additional 84 shares in the last quarter. Legacy Financial Advisors Inc. increased its stake in Air Products and Chemicals by 22.8% in the second quarter. Legacy Financial Advisors Inc. now owns 1,818 shares of the basic materials company’s stock valued at $533,000 after acquiring an additional 338 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Air Products and Chemicals during the second quarter valued at approximately $228,000. Finally, Quantitative Investment Management LLC bought a new stake in Air Products and Chemicals during the second quarter worth $1,289,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Trading Down 1.6%

Shares of APD stock opened at $304.39 on Friday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87. The stock’s fifty day simple moving average is $300.45 and its 200 day simple moving average is $292.20. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $67.78 billion, a P/E ratio of -1,383.59, a P/E/G ratio of 3.12 and a beta of 0.75.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period last year, the company earned $3.09 earnings per share. The business’s quarterly revenue was up 4.6% on a year-over-year basis. 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. As a group, sell-side analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

Analyst Ratings Changes

APD has been the topic of a number of research analyst reports. Weiss Ratings downgraded Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Sanford C. Bernstein restated an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 31st. UBS Group raised their price objective on Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Finally, Evercore reissued an “outperform” rating and set a $342.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company 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.