Air Products and Chemicals, Inc. $APD Position Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 3,258.0% during the third quarter, HoldingsChannel.com reports. The fund owned 467,674 shares of the basic materials company’s stock after acquiring an additional 453,747 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Air Products and Chemicals were worth $130,121,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Evolution Wealth Management Inc. purchased a new position in shares of Air Products and Chemicals in the first quarter valued at $25,000. Fiduciary Financial Advisors purchased a new stake in Air Products and Chemicals during the second quarter valued at $25,000. Cornerstone Planning Group LLC raised its stake in Air Products and Chemicals by 318.2% during the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 70 shares in the last quarter. Main Street Group LTD bought a new position in Air Products and Chemicals during the first quarter valued at $27,000. Finally, MJT & Associates Financial Advisory Group Inc. lifted its position in Air Products and Chemicals by 77.6% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 45 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Up 0.0%

NYSE APD opened at $302.71 on Thursday. 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 52 week low of $229.11 and a 52 week high of $314.87. The firm has a market capitalization of $67.41 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 2.85 and a beta of 0.76. The company has a fifty day moving average of $293.48 and a two-hundred day moving average of $293.51.

Air Products and Chemicals (NYSE:APD) last announced its earnings results 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 business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm posted $3.09 earnings per share. The business’s revenue for the quarter 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. On average, analysts predict that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on APD. Citigroup dropped their price objective on shares of Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Wells Fargo & Company increased their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a research report on Monday, August 3rd. Finally, KeyCorp began coverage on Air Products and Chemicals in a research note on Thursday, September 10th. They set a “sector weight” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $333.88.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.