Air Products and Chemicals, Inc. $APD Stock Holdings Increased by Squarepoint Ops LLC

Squarepoint Ops LLC grew its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 80.6% in the second quarter, HoldingsChannel reports. The fund owned 127,155 shares of the basic materials company’s stock after buying an additional 56,741 shares during the period. Squarepoint Ops LLC’s holdings in Air Products and Chemicals were worth $37,279,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of APD. Lloyd Advisory Services LLC. acquired a new stake in shares of Air Products and Chemicals in the 4th quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Air Products and Chemicals during the first quarter valued at approximately $25,000. Fiduciary Financial Advisors bought a new stake in Air Products and Chemicals during the second quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new stake in Air Products and Chemicals in the fourth quarter worth approximately $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Air Products and Chemicals in the fourth quarter worth approximately $25,000. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a report on Monday, August 3rd. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. UBS Group raised 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 report on Friday, July 31st. Royal Bank Of Canada boosted their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Finally, Weiss Ratings cut shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals Trading Down 1.2%

NYSE:APD opened at $297.74 on Wednesday. The stock has a market cap of $66.30 billion, a PE ratio of -1,353.36, a price-to-earnings-growth 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 debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock’s 50-day moving average is $301.60 and its two-hundred day moving average is $292.63.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the prior year, the business earned $3.09 EPS. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. 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 research analysts forecast that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

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 issued a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. 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 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.