Air Products and Chemicals, Inc. $APD Shares Sold by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft reduced its position in Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 45.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,020 shares of the basic materials company’s stock after selling 4,258 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Air Products and Chemicals were worth $1,367,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Rockland Trust Co. raised its position in shares of Air Products and Chemicals by 5.5% during the 3rd quarter. Rockland Trust Co. now owns 52,590 shares of the basic materials company’s stock valued at $14,342,000 after acquiring an additional 2,741 shares in the last quarter. Navellier & Associates Inc. increased its stake in Air Products and Chemicals by 24.9% during the third quarter. Navellier & Associates Inc. now owns 2,842 shares of the basic materials company’s stock valued at $775,000 after purchasing an additional 567 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Air Products and Chemicals by 6.6% during the third quarter. Johnson Investment Counsel Inc. now owns 18,726 shares of the basic materials company’s stock worth $5,107,000 after purchasing an additional 1,165 shares during the period. Profund Advisors LLC lifted its position in shares of Air Products and Chemicals by 2.8% in the 3rd quarter. Profund Advisors LLC now owns 3,599 shares of the basic materials company’s stock worth $982,000 after buying an additional 98 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of Air Products and Chemicals by 1.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,580 shares of the basic materials company’s stock valued at $6,703,000 after buying an additional 256 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $290.92 on Wednesday. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $321.47. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The firm has a market capitalization of $64.78 billion, a price-to-earnings ratio of -192.66, a price-to-earnings-growth ratio of 2.81 and a beta of 0.87. The business has a 50 day simple moving average of $257.75 and a 200 day simple moving average of $267.61.

Air Products and Chemicals (NYSE:APDGet Free Report) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.86 EPS. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is currently -474.17%.

Analysts Set New Price Targets

APD has been the topic of several research reports. Evercore dropped their price objective on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 11th. 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, December 11th. Royal Bank Of Canada reduced their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a research report on Wednesday, December 10th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $295.88.

Check Out Our Latest Report on Air Products and Chemicals

About Air Products and Chemicals

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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