Air Products and Chemicals, Inc. $APD Shares Acquired by Elwood Capital Partners LP

Elwood Capital Partners LP boosted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 33.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the basic materials company’s stock after purchasing an additional 2,500 shares during the period. Air Products and Chemicals makes up about 2.2% of Elwood Capital Partners LP’s portfolio, making the stock its 11th largest holding. Elwood Capital Partners LP’s holdings in Air Products and Chemicals were worth $2,821,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new position in Air Products and Chemicals during the second quarter valued at about $1,020,081,000. Viking Global Investors LP bought a new stake in Air Products and Chemicals in the second quarter worth about $607,601,000. Dodge & Cox lifted its holdings in Air Products and Chemicals by 31.5% in the 1st quarter. Dodge & Cox now owns 8,759,722 shares of the basic materials company’s stock valued at $2,583,417,000 after acquiring an additional 2,096,568 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Air Products and Chemicals by 268.7% during the 2nd quarter. First Trust Advisors LP now owns 822,589 shares of the basic materials company’s stock valued at $232,019,000 after purchasing an additional 599,513 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Air Products and Chemicals by 13.3% in the 2nd quarter. Franklin Resources Inc. now owns 3,794,781 shares of the basic materials company’s stock worth $1,070,356,000 after purchasing an additional 444,855 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

Shares of APD stock opened at $243.00 on Friday. The company has a market capitalization of $54.09 billion, a price-to-earnings ratio of -136.52, a P/E/G ratio of 2.40 and a beta of 0.86. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $341.14. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98. The stock’s fifty day simple moving average is $254.47 and its 200-day simple moving average is $275.11.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same period last year, the company posted $3.56 EPS. The business’s quarterly revenue was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be given a $1.79 dividend. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a yield of 2.9%. Air Products and Chemicals’s dividend payout ratio is presently -402.25%.

Analyst Ratings Changes

Several analysts recently commented on the stock. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on Air Products and Chemicals in a research report on Wednesday. UBS Group cut Air Products and Chemicals from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $310.00 to $250.00 in a report on Thursday. Royal Bank Of Canada reduced their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a report on Friday, November 7th. Finally, Argus dropped their price target on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $302.67.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.