Generali Asset Management SPA SGR Sells 9,465 Shares of Air Products and Chemicals, Inc. $APD

Generali Asset Management SPA SGR lessened its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 39.4% during the third quarter, Holdings Channel reports. The fund owned 14,574 shares of the basic materials company’s stock after selling 9,465 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Air Products and Chemicals were worth $3,975,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Air Products and Chemicals by 1.5% during the second quarter. Vanguard Group Inc. now owns 21,739,830 shares of the basic materials company’s stock valued at $6,131,936,000 after purchasing an additional 324,885 shares during the period. State Street Corp increased its position in Air Products and Chemicals by 1.9% in the 2nd quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock valued at $2,666,289,000 after buying an additional 180,056 shares in the last quarter. Dodge & Cox raised its stake in Air Products and Chemicals by 0.7% during the 2nd quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock worth $2,488,164,000 after buying an additional 61,678 shares during the period. JPMorgan Chase & Co. boosted its holdings in Air Products and Chemicals by 5.1% in the second quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock worth $1,814,839,000 after acquiring an additional 310,799 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Air Products and Chemicals by 0.5% in the second quarter. Geode Capital Management LLC now owns 5,134,550 shares of the basic materials company’s stock valued at $1,450,526,000 after acquiring an additional 27,256 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on APD shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Air Products and Chemicals in a research report on Monday. Wolfe Research restated an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, December 8th. JPMorgan Chase & Co. reduced their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Mizuho decreased their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Finally, Royal Bank Of Canada dropped their price target on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $292.47.

Air Products and Chemicals Stock Performance

NYSE APD opened at $249.68 on Friday. The company has a fifty day moving average price of $250.42 and a 200-day moving average price of $271.64. The firm has a market cap of $55.58 billion, a price-to-earnings ratio of -140.27, a PEG ratio of 2.43 and a beta of 0.86. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.56 earnings per share. 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. As a group, equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

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

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.