Oregon Public Employees Retirement Fund Purchases 6,290 Shares of Air Products and Chemicals, Inc. $APD

Oregon Public Employees Retirement Fund raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 32.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 25,456 shares of the basic materials company’s stock after acquiring an additional 6,290 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Air Products and Chemicals were worth $6,942,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of APD. Brighton Jones LLC boosted its stake in Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after purchasing an additional 412 shares in the last quarter. Bison Wealth LLC bought a new stake in Air Products and Chemicals during the 4th quarter worth about $245,000. AQR Capital Management LLC increased its position in Air Products and Chemicals by 58.6% in the 1st quarter. AQR Capital Management LLC now owns 17,833 shares of the basic materials company’s stock valued at $5,200,000 after acquiring an additional 6,589 shares in the last quarter. Ascent Group LLC acquired a new stake in Air Products and Chemicals in the 1st quarter valued at about $427,000. Finally, Woodline Partners LP raised its stake in shares of Air Products and Chemicals by 40.8% in the first quarter. Woodline Partners LP now owns 18,796 shares of the basic materials company’s stock worth $5,543,000 after acquiring an additional 5,445 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Trading Up 0.9%

Shares of NYSE APD opened at $263.52 on Friday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $341.14. The stock has a market cap of $58.66 billion, a price-to-earnings ratio of -148.04, a P/E/G ratio of 2.57 and a beta of 0.87. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. The company’s fifty day moving average is $251.49 and its 200-day moving average is $271.13.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.13 billion during 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 quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company 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 research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be given a dividend of $1.79 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -402.25%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on APD. The Goldman Sachs Group set a $335.00 price target on shares of Air Products and Chemicals in a report on Wednesday, October 1st. Citigroup cut Air Products and Chemicals from a “buy” rating to a “neutral” rating and decreased their price target for the company from $300.00 to $245.00 in a report on Monday, December 15th. Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a report on Thursday. Evercore ISI reduced their target price 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. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 price target on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $292.00.

Air Products and Chemicals 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.