Air Products and Chemicals, Inc. $APD Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 14.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,766 shares of the basic materials company’s stock after purchasing an additional 4,562 shares during the period. NEOS Investment Management LLC’s holdings in Air Products and Chemicals were worth $10,421,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Lloyd Advisory Services LLC. acquired a new position in shares of Air Products and Chemicals during the fourth quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals during the 1st quarter valued at $25,000. Fiduciary Financial Advisors bought a new stake in Air Products and Chemicals during the 2nd quarter valued at $25,000. Meeder Asset Management Inc. acquired a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. bought a new position in shares of Air Products and Chemicals in the fourth quarter worth $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analyst Ratings Changes

APD has been the topic of a number of recent analyst reports. UBS Group lifted their price objective on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Evercore restated an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus price target of $332.76.

Air Products and Chemicals Stock Performance

APD opened at $301.19 on Friday. The business has a fifty day simple moving average of $300.91 and a 200-day simple moving average of $292.26. The firm has a market cap of $67.07 billion, a PE ratio of -1,369.05, a P/E/G ratio of 3.04 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. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the firm earned $3.09 earnings per share. The business’s quarterly revenue was up 4.6% on a year-over-year basis. 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. As a group, equities analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

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.