BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $42.62 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 15.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 151,107 shares of the basic materials company’s stock after selling 28,422 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned 0.07% of Air Products and Chemicals worth $42,621,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. West Oak Capital LLC grew its stake in shares of Air Products and Chemicals by 12.2% during the second quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock worth $3,050,000 after purchasing an additional 1,180 shares during the period. Farmers & Merchants Investments Inc. boosted its holdings in Air Products and Chemicals by 1.8% during the second quarter. Farmers & Merchants Investments Inc. now owns 74,225 shares of the basic materials company’s stock worth $20,936,000 after buying an additional 1,300 shares during the last quarter. Revisor Wealth Management LLC grew its position in shares of Air Products and Chemicals by 110.4% during the 2nd quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock worth $966,000 after buying an additional 1,713 shares during the period. Chapin Davis Inc. increased its stake in shares of Air Products and Chemicals by 16.1% in the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after acquiring an additional 1,551 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of Air Products and Chemicals by 10.4% in the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock valued at $16,258,000 after acquiring an additional 5,430 shares during the period. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $243.00 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20. The firm has a market cap of $54.09 billion, a price-to-earnings ratio of -136.52, a price-to-earnings-growth ratio of 2.40 and a beta of 0.86. The stock’s 50-day moving average is $254.47 and its 200-day moving average is $275.11. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $341.14.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.Air Products and Chemicals’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter last year, the firm earned $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be issued a dividend of $1.79 per share. The ex-dividend date is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 2.9%. Air Products and Chemicals’s dividend payout ratio is presently -402.25%.

Analyst Ratings Changes

A number of research analysts recently issued reports on APD shares. Sanford C. Bernstein restated an “outperform” rating on shares of Air Products and Chemicals in a report on Tuesday. Wolfe Research reissued an “outperform” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a report on Monday. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on Air Products and Chemicals in a research note on Wednesday. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, Argus dropped their price target on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average target price of $302.67.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.