Raiffeisen Bank International AG Has $24.75 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

Raiffeisen Bank International AG grew its stake in Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 91,516 shares of the basic materials company’s stock after purchasing an additional 4,143 shares during the quarter. Raiffeisen Bank International AG’s holdings in Air Products and Chemicals were worth $24,753,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in APD. Brighton Jones LLC increased its holdings in Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after purchasing an additional 412 shares during the last quarter. Bison Wealth LLC acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth about $245,000. DekaBank Deutsche Girozentrale increased its stake in shares of Air Products and Chemicals by 2.1% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 49,496 shares of the basic materials company’s stock valued at $13,974,000 after acquiring an additional 1,024 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of Air Products and Chemicals by 0.8% in the 2nd quarter. D.A. Davidson & CO. now owns 15,043 shares of the basic materials company’s stock valued at $4,243,000 after acquiring an additional 126 shares during the period. Finally, 180 Wealth Advisors LLC boosted its stake in Air Products and Chemicals by 3.7% during the 2nd quarter. 180 Wealth Advisors LLC now owns 7,860 shares of the basic materials company’s stock worth $2,217,000 after acquiring an additional 280 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock 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. The firm has a market cap of $62.52 billion, a price-to-earnings ratio of -185.96, a price-to-earnings-growth ratio of 2.75 and a beta of 0.87. The stock’s 50-day moving average is $263.65 and its 200-day moving average is $267.56. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $321.47.

Air Products and Chemicals (NYSE:APDGet Free Report) last announced its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.Air Products and Chemicals’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.86 EPS. 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. Equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders 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 dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s payout ratio is presently -479.47%.

Analyst Ratings Changes

Several brokerages have commented on APD. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Royal Bank Of Canada lowered their price objective on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a report on Wednesday, December 10th. Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target for the company in a report on Thursday, January 8th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, December 8th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $295.88.

Read Our Latest Stock Report on APD

Air Products and Chemicals Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APDFree Report).

Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

Receive News & Ratings for Air Products and Chemicals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Products and Chemicals and related companies with MarketBeat.com's FREE daily email newsletter.