BNP Paribas Has $1.88 Million Position in Air Products and Chemicals, Inc. $APD

BNP Paribas reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 48.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,597 shares of the basic materials company’s stock after selling 7,176 shares during the period. BNP Paribas’ holdings in Air Products and Chemicals were worth $1,879,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of APD. Holos Integrated Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. lifted its position in Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Air Products and Chemicals in the 4th quarter worth approximately $25,000. Caitlin John LLC acquired a new stake in shares of Air Products and Chemicals during the 3rd quarter valued at $30,000. Finally, Financial Life Planners purchased a new position in shares of Air Products and Chemicals during the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.88% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on APD shares. Bank of America increased their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Berenberg Bank set a $350.00 target price on Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. UBS Group raised their price target on Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Mizuho set a $345.00 price target on Air Products and Chemicals in a report on Friday, May 1st. Finally, BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.12.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $279.21 on Wednesday. The company has a market cap of $62.18 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 2.45 and a beta of 0.74. The business has a 50 day moving average price of $294.10 and a 200 day moving average price of $274.90. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.96.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same period in the previous year, the company earned $2.69 earnings per share. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Research analysts predict that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be issued a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is 76.61%.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.