National Pension Service Has $100.32 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

National Pension Service decreased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 3.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 342,171 shares of the basic materials company’s stock after selling 12,624 shares during the quarter. National Pension Service’s holdings in Air Products and Chemicals were worth $100,318,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new stake in shares of Air Products and Chemicals in the fourth quarter worth $25,000. Evolution Wealth Management Inc. bought a new position in Air Products and Chemicals in the first quarter valued at $25,000. Fiduciary Financial Advisors acquired a new stake in Air Products and Chemicals in the 2nd quarter valued at $25,000. Meeder Asset Management Inc. acquired a new stake in Air Products and Chemicals in the 4th quarter valued at $25,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Air Products and Chemicals during the 4th quarter worth about $25,000. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Down 0.5%

Air Products and Chemicals stock opened at $293.72 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The company’s 50-day moving average is $300.99 and its 200-day moving average is $292.82. The firm has a market capitalization of $65.41 billion, a PE ratio of -1,335.08, a P/E/G ratio of 2.98 and a beta of 0.75. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during 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%.Air Products and Chemicals’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company posted $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. Sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Wall Street Analysts Forecast Growth

APD has been the subject of a number of recent research reports. Argus increased their price objective on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings lowered Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Royal Bank Of Canada increased their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Sanford C. Bernstein restated an “outperform” rating and issued a $373.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 31st. Finally, Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $336.53.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.