5,160 Shares in Air Products and Chemicals, Inc. $APD Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,160 shares of the basic materials company’s stock, valued at approximately $1,513,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Air Products and Chemicals by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock worth $121,909,000 after purchasing an additional 23,760 shares in the last quarter. S&CO Inc. acquired a new position in Air Products and Chemicals during the second quarter valued at approximately $27,733,000. Castle Rock Wealth Management LLC purchased a new stake in Air Products and Chemicals during the fourth quarter worth approximately $1,649,000. Staley Capital Advisers Inc. increased its position in shares of Air Products and Chemicals by 108.2% in the fourth quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company’s stock worth $35,579,000 after acquiring an additional 74,868 shares in the last quarter. Finally, Danske Bank A S raised its stake in shares of Air Products and Chemicals by 9.7% in the 4th quarter. Danske Bank A S now owns 127,263 shares of the basic materials company’s stock valued at $31,437,000 after acquiring an additional 11,263 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on APD shares. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a report on Friday, July 10th. Citigroup increased their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Royal Bank Of Canada boosted their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One 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 company. According to MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and an average target price of $332.76.

Air Products and Chemicals Trading Down 0.0%

NYSE:APD opened at $303.18 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The business’s 50-day simple moving average is $294.91 and its 200 day simple moving average is $290.45. The stock has a market cap of $67.51 billion, a price-to-earnings ratio of -1,378.09, a price-to-earnings-growth ratio of 2.63 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.20 billion. During the same quarter last year, the firm earned $3.09 EPS. Air Products and Chemicals’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 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. 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 is -3,290.91%.

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.