Air Products and Chemicals, Inc. $APD Shares Purchased by Impax Asset Management Group plc

Impax Asset Management Group plc raised its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 35.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 15,023 shares of the basic materials company’s stock after buying an additional 3,913 shares during the quarter. Impax Asset Management Group plc’s holdings in Air Products and Chemicals were worth $4,237,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of APD. Saudi Central Bank acquired a new position in Air Products and Chemicals during the 1st quarter valued at about $26,000. Cheviot Value Management LLC bought a new stake in shares of Air Products and Chemicals during the first quarter valued at approximately $27,000. Westside Investment Management Inc. boosted its position in shares of Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after buying an additional 73 shares during the period. Financial Connections Group Inc. grew its holdings in Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after buying an additional 35 shares in the last quarter. Finally, Ransom Advisory Ltd bought a new stake in Air Products and Chemicals during the 1st quarter valued at $37,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD opened at $263.26 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The firm’s 50 day moving average is $266.49 and its 200-day moving average is $277.91. Air Products and Chemicals, Inc. has a 12-month low of $235.55 and a 12-month high of $341.14. The stock has a market capitalization of $58.59 billion, a P/E ratio of 37.88, a P/E/G ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating the consensus estimate of $3.38 by $0.01. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. Equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

APD has been the subject of several recent analyst reports. Citigroup decreased their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research note on Monday, October 6th. Mizuho set a $300.00 target price on shares of Air Products and Chemicals in a research report on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Air Products and Chemicals in a research report on Wednesday, October 8th. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Finally, Evercore ISI lowered their price objective on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $313.75.

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.