5,643 Shares in Air Products and Chemicals, Inc. $APD Purchased by Old Mission Investment Co LLC

Old Mission Investment Co LLC bought a new position in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, HoldingsChannel reports. The fund bought 5,643 shares of the basic materials company’s stock, valued at approximately $1,654,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Air Products and Chemicals during the second quarter valued at approximately $5,370,093,000. Capital International Investors boosted its holdings 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 worth $3,160,023,000 after purchasing an additional 3,922,567 shares during the last quarter. Capital Research Global Investors raised its stake in Air Products and Chemicals by 1.2% during the 4th 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 buying an additional 137,595 shares during the last quarter. State Street Corp lifted its holdings in shares of Air Products and Chemicals by 3.7% during the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock valued at $2,448,340,000 after buying an additional 352,012 shares during the period. Finally, Dodge & Cox boosted its stake in shares of Air Products and Chemicals by 2.6% in the 4th quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock worth $2,281,627,000 after buying an additional 231,718 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $301.19 on Friday. The stock has a market cap of $67.07 billion, a P/E ratio of -1,369.05, a P/E/G ratio of 3.07 and a beta of 0.75. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The stock’s fifty day moving average is $300.91 and its 200 day moving average is $292.26. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87.

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

Air Products and Chemicals Announces Dividend

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

Analyst Upgrades and Downgrades

APD has been the subject of several research analyst reports. Mizuho lifted their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Wells Fargo & Company upped their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Citigroup raised their price objective on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, UBS Group boosted their target price on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $332.76.

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.