Rathbones Group PLC Has $8.71 Million Holdings in Air Products and Chemicals, Inc. $APD

Rathbones Group PLC trimmed its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 28.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,998 shares of the basic materials company’s stock after selling 11,759 shares during the period. Rathbones Group PLC’s holdings in Air Products and Chemicals were worth $8,714,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cary Street Partners Financial LLC increased its holdings in shares of Air Products and Chemicals by 2.2% in the fourth quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock valued at $399,000 after purchasing an additional 35 shares in the last quarter. Revisor Wealth Management LLC lifted its holdings in Air Products and Chemicals by 0.8% during the 1st quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after buying an additional 36 shares in the last quarter. StoneX Group Inc. boosted its position in Air Products and Chemicals by 1.3% in the 4th quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock valued at $688,000 after buying an additional 36 shares during the last quarter. CYBER HORNET ETFs LLC boosted its position in Air Products and Chemicals by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock valued at $159,000 after buying an additional 37 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft increased its stake in shares of Air Products and Chemicals by 0.7% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock valued at $1,463,000 after buying an additional 37 shares during the period. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Trading Down 0.8%

NYSE APD opened at $292.43 on Tuesday. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87. The stock has a 50-day simple moving average of $289.79 and a 200 day simple moving average of $287.02. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $65.12 billion, a PE ratio of -1,329.21, a P/E/G ratio of 2.63 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its earnings results 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 for the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the business earned $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. Research analysts forecast that Air Products and Chemicals, Inc. will post 13.44 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.5%. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Citigroup boosted 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. Evercore reiterated an “outperform” rating and issued a $342.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 10th. BMO Capital Markets raised Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective for the company in a report on Friday, May 1st. Bank of America upped their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average price target of $332.65.

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.