Air Products and Chemicals, Inc. $APD Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC boosted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 80.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,155 shares of the basic materials company’s stock after purchasing an additional 56,741 shares during the period. Squarepoint Ops LLC owned approximately 0.06% of Air Products and Chemicals worth $37,279,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in APD. Lloyd Advisory Services LLC. acquired a new position in Air Products and Chemicals during the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Air Products and Chemicals in the 1st quarter valued at $25,000. Fiduciary Financial Advisors acquired a new position in shares of Air Products and Chemicals during the 2nd quarter valued at $25,000. Meeder Asset Management Inc. acquired a new position in shares of Air Products and Chemicals during the 4th quarter valued at $25,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in Air Products and Chemicals during the 4th quarter worth $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on APD. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Morgan Stanley set a $320.00 target price on Air Products and Chemicals in a report on Monday, August 3rd. UBS Group boosted their price target on Air Products and Chemicals from $330.00 to $336.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Wells Fargo & Company upped their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals Trading Down 1.2%

Shares of NYSE APD opened at $297.74 on Wednesday. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $314.87. 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 stock has a market capitalization of $66.30 billion, a P/E ratio of -1,353.36, a PEG ratio of 3.04 and a beta of 0.75. The stock’s 50 day moving average price is $301.60 and its two-hundred day moving average price is $292.63.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (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%. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $3.09 EPS. 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. On average, analysts anticipate that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

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

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.