Rosenberg Matthew Hamilton Grows Position in Air Products and Chemicals, Inc. $APD

Rosenberg Matthew Hamilton lifted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 252.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,540 shares of the basic materials company’s stock after buying an additional 1,819 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Air Products and Chemicals were worth $696,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of APD. S&CO Inc. acquired a new position in Air Products and Chemicals during the 2nd quarter worth $27,733,000. NewEdge Advisors LLC grew its position in shares of Air Products and Chemicals by 26.7% in the first quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock valued at $16,573,000 after purchasing an additional 12,020 shares during the last quarter. Rockland Trust Co. increased its stake in shares of Air Products and Chemicals by 7.0% in the second quarter. Rockland Trust Co. now owns 65,322 shares of the basic materials company’s stock worth $19,151,000 after purchasing an additional 4,279 shares during the period. Summitry LLC bought a new position in shares of Air Products and Chemicals in the first quarter worth about $25,562,000. Finally, Handelsbanken Fonder AB lifted its position in shares of Air Products and Chemicals by 5.4% during the 2nd quarter. Handelsbanken Fonder AB now owns 96,749 shares of the basic materials company’s stock worth $28,365,000 after purchasing an additional 4,986 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock traded up $2.22 during trading hours on Monday, hitting $279.79. The stock had a trading volume of 1,090,480 shares, compared to its average volume of 1,292,114. The company has a 50-day moving average of $295.87 and a two-hundred day moving average of $293.35. 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, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The company has a market cap of $62.31 billion, a PE ratio of -1,271.78, a price-to-earnings-growth ratio of 2.61 and a beta of 0.76.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion for 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 period in the previous year, the business 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. On average, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Analysts Set New Price Targets

A number of analysts have issued reports on APD shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Sanford C. Bernstein reissued an “outperform” rating and issued a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 31st. KeyCorp assumed coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They issued a “sector weight” rating on the stock. Wells Fargo & Company boosted their target price on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Weiss Ratings cut shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $334.69.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.