Ensign Peak Advisors Inc Acquires 18,746 Shares of Air Products and Chemicals, Inc. $APD

Ensign Peak Advisors Inc lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 5.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 343,559 shares of the basic materials company’s stock after purchasing an additional 18,746 shares during the period. Ensign Peak Advisors Inc’s holdings in Air Products and Chemicals were worth $96,904,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Saudi Central Bank acquired a new stake in shares of Air Products and Chemicals in the first quarter valued at about $26,000. Traub Capital Management LLC bought a new stake in Air Products and Chemicals in the second quarter valued at approximately $28,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals during the 1st quarter valued at approximately $27,000. Westside Investment Management Inc. raised its holdings in Air Products and Chemicals by 228.1% during the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 73 shares during the last quarter. Finally, Financial Connections Group Inc. lifted its position in shares of Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares during the period. 81.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on APD shares. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a research report on Wednesday, October 1st. Royal Bank Of Canada decreased their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. Finally, Mizuho set a $300.00 price target on Air Products and Chemicals in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $313.75.

Air Products and Chemicals Stock Performance

Shares of APD opened at $251.04 on Friday. The stock has a 50-day moving average of $262.92 and a 200-day moving average of $277.27. Air Products and Chemicals, Inc. has a one year low of $235.55 and a one year high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The company has a market cap of $55.87 billion, a PE ratio of 36.12, a P/E/G ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) 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 analyst estimates of $3.18 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company’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 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. On average, 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. Shareholders of record on Friday, January 2nd will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s payout ratio is -402.25%.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.