Air Products and Chemicals, Inc. $APD Holdings Boosted by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 252.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,540 shares of the basic materials company’s stock after purchasing an additional 1,819 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Air Products and Chemicals were worth $696,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. S&CO Inc. purchased a new position in Air Products and Chemicals during the second quarter valued at approximately $27,733,000. NewEdge Advisors LLC increased its stake in Air Products and Chemicals by 26.7% in the 1st quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock valued at $16,573,000 after buying an additional 12,020 shares during the period. Rockland Trust Co. lifted its position in Air Products and Chemicals by 7.0% in the 2nd quarter. Rockland Trust Co. now owns 65,322 shares of the basic materials company’s stock worth $19,151,000 after buying an additional 4,279 shares in the last quarter. Summitry LLC acquired a new stake in shares of Air Products and Chemicals during the 1st quarter valued at $25,562,000. Finally, Handelsbanken Fonder AB boosted its stake in shares of Air Products and Chemicals by 5.4% during the 2nd quarter. Handelsbanken Fonder AB now owns 96,749 shares of the basic materials company’s stock valued at $28,365,000 after buying an additional 4,986 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 0.8%

Shares of APD traded up $2.22 during mid-day trading on Monday, hitting $279.79. 1,090,480 shares of the company’s stock were exchanged, compared to its average volume of 1,292,114. The stock has a market cap of $62.31 billion, a price-to-earnings ratio of -1,271.78, a P/E/G ratio of 2.61 and a beta of 0.76. The firm has a fifty day moving average of $295.87 and a two-hundred day moving average of $293.35. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior 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. On average, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Mizuho lifted their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Royal Bank Of Canada boosted their target price on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Citigroup upped their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus target price of $334.69.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.