Public Sector Pension Investment Board Increases Stake in Air Products and Chemicals, Inc. $APD

Public Sector Pension Investment Board grew its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 14.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,293 shares of the basic materials company’s stock after acquiring an additional 2,418 shares during the period. Public Sector Pension Investment Board’s holdings in Air Products and Chemicals were worth $5,262,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of APD. YANKCOM Partnership lifted its position in Air Products and Chemicals by 1.3% during the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after purchasing an additional 35 shares in the last quarter. Atlatl Advisers LLC raised its stake in shares of Air Products and Chemicals by 2.5% in the second quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after buying an additional 37 shares during the period. GPS Wealth Strategies Group LLC lifted its position in shares of Air Products and Chemicals by 7.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after buying an additional 37 shares in the last quarter. Sage Capital Advisors llc grew its stake in shares of Air Products and Chemicals by 0.3% during the 3rd quarter. Sage Capital Advisors llc now owns 14,930 shares of the basic materials company’s stock valued at $4,072,000 after acquiring an additional 38 shares during the period. Finally, Solstein Capital LLC increased its holdings in Air Products and Chemicals by 31.0% in the 2nd quarter. Solstein Capital LLC now owns 165 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 39 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

NYSE APD opened at $280.80 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $321.47. The business has a 50 day simple moving average of $262.90 and a two-hundred day simple moving average of $267.61. The stock has a market capitalization of $62.52 billion, a PE ratio of -185.96, a P/E/G ratio of 2.77 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the company earned $2.86 EPS. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a $1.81 dividend. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is -474.17%.

Analyst Ratings Changes

A number of equities analysts have weighed in on APD shares. Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a report on Wednesday, December 10th. UBS Group raised their price target on Air Products and Chemicals from $250.00 to $285.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Royal Bank Of Canada dropped their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. Finally, Jefferies Financial Group lifted their target price on Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $295.88.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the transaction, the director directly owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals 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.