Swiss National Bank Has $174.95 Million Holdings in Air Products and Chemicals, Inc. $APD

Swiss National Bank decreased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 641,500 shares of the basic materials company’s stock after selling 31,900 shares during the period. Swiss National Bank owned 0.29% of Air Products and Chemicals worth $174,950,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Traub Capital Management LLC acquired a new stake in shares of Air Products and Chemicals in the second quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Air Products and Chemicals during the 2nd quarter worth about $28,000. Abound Wealth Management boosted its stake in Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Caitlin John LLC acquired a new stake in Air Products and Chemicals in the 3rd quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC bought a new position in Air Products and Chemicals in the 3rd quarter worth approximately $34,000. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on APD shares. Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a research report on Thursday, January 8th. Citigroup boosted their target price on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Weiss Ratings cut shares of Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 13th. Wolfe Research restated an “outperform” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, December 8th. Finally, Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $295.88.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $274.52 on Tuesday. The business has a 50 day simple moving average of $270.62 and a 200 day simple moving average of $266.18. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The company has a market capitalization of $61.13 billion, a PE ratio of -181.80, a price-to-earnings-growth ratio of 2.67 and a beta of 0.88. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $316.39.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period last year, the firm posted $2.86 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio is -474.17%.

Air Products and Chemicals 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.