Commerzbank Aktiengesellschaft FI Purchases New Shares in Air Products and Chemicals, Inc. $APD

Commerzbank Aktiengesellschaft FI acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,314 shares of the basic materials company’s stock, valued at approximately $3,024,000.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Air Products and Chemicals by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock valued at $5,509,702,000 after buying an additional 303,944 shares in the last quarter. Capital International Investors lifted its position in shares of Air Products and Chemicals by 44.2% during the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after buying an additional 3,922,567 shares in the last quarter. Capital Research Global Investors grew its stake in Air Products and Chemicals by 1.2% in 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 acquiring an additional 137,595 shares during the period. State Street Corp increased its holdings in Air Products and Chemicals by 3.7% in the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock worth $2,448,340,000 after acquiring an additional 352,012 shares in the last quarter. Finally, Dodge & Cox increased its holdings in 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 acquiring an additional 231,718 shares in the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on APD. Citigroup increased their price objective on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. raised their price target 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $332.76.

Air Products and Chemicals Trading Down 2.7%

Shares of APD opened at $300.68 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The firm has a 50-day moving average price of $293.96 and a 200 day moving average price of $289.79. The firm has a market capitalization of $66.96 billion, a P/E ratio of -1,366.73, a P/E/G ratio of 2.68 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate 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%. Air Products and Chemicals’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm 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. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.45 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, November 9th. Stockholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

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.