Pictet Asset Management Holding SA Boosts Stock Holdings in Air Products and Chemicals, Inc. $APD

Pictet Asset Management Holding SA boosted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 25.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,519 shares of the basic materials company’s stock after buying an additional 22,781 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Air Products and Chemicals were worth $27,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in APD. Brighton Jones LLC grew its stake in shares of Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares during the period. Bison Wealth LLC bought a new stake in Air Products and Chemicals in the 4th quarter valued at about $245,000. Sei Investments Co. raised its stake in Air Products and Chemicals by 197.6% in the 2nd quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock valued at $79,498,000 after acquiring an additional 187,142 shares during the period. Treasurer of the State of North Carolina lifted its holdings in Air Products and Chemicals by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after purchasing an additional 2,171 shares during the last quarter. Finally, Diversify Advisory Services LLC lifted its holdings in Air Products and Chemicals by 52.5% during the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock valued at $1,873,000 after purchasing an additional 2,229 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Trending Headlines about Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Q2 results beat estimates — adjusted EPS $3.20 and revenue $3.17B (up ~8.8% y/y); company highlighted strong on?site volumes and FX benefits. This underpins the raise to full?year adjusted EPS guidance. Air Products Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Raised FY?2026 guidance to $13.00–$13.25 and Q3 EPS guidance to $3.25–$3.35, citing stronger pricing and helium tailwinds as drivers of higher profit expectations. Air Products lifts 2026 profit forecast amid stronger helium prices
• Positive Sentiment: Strategic commercial win — selected by Samsung to supply industrial gases and bulk specialty gas systems for a next?gen semiconductor fab in South Korea, supporting long?term electronics exposure. Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea
• Neutral Sentiment: Analyst coverage and metric deep dives: several writeups compare APD’s key line?items to estimates and prior year to contextualize the beat and margins — useful for modeling but not market moving by itself. Compared to Estimates, Air Products and Chemicals (APD) Q2 Earnings: A Look at Key Metrics
• Neutral Sentiment: Zacks and other outlets note on?site volume and FX helped results — positive drivers, but the guidance range largely tracks consensus (Q3 midpoint close to estimates), so upside is limited until execution on new assets and helium flow is visible. APD Q2 Earnings and Sales Beat Estimates on On-Site Volume, FX
• Negative Sentiment: Some valuation/financial?metric scrutiny and near?term investor concerns: market commentary highlights mixed GAAP vs. adjusted dynamics, substantial planned FY capex (~$4B) and other metrics that could pressure free cash flow or prompt profit?taking after a move to 1?year highs. Air Products and Chemicals Stock Page

Insider Buying and Selling at Air Products and Chemicals

In related news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the sale, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on APD. UBS Group lifted their target price on shares of Air Products and Chemicals from $285.00 to $307.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Bank of America upped their price target on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on shares of Air Products and Chemicals from $325.00 to $338.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Citigroup boosted their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Finally, Wells Fargo & Company upgraded Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $270.00 to $325.00 in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus target price of $308.78.

Air Products and Chemicals Trading Down 0.7%

Shares of Air Products and Chemicals stock opened at $300.35 on Friday. The company’s 50-day moving average price is $288.71 and its 200-day moving average price is $268.96. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $307.29. The company has a market cap of $66.88 billion, a price-to-earnings ratio of -198.91, a PEG ratio of 2.84 and a beta of 0.80.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. Air Products and Chemicals’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.69 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. On average, equities analysts expect that Air Products and Chemicals, Inc. will post 13.04 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is -479.47%.

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.