Vise Technologies Inc. Has $1.52 Million Holdings in Air Products and Chemicals, Inc. $APD

Vise Technologies Inc. increased its position in shares of Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 113.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,136 shares of the basic materials company’s stock after buying an additional 3,262 shares during the period. Vise Technologies Inc.’s holdings in Air Products and Chemicals were worth $1,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in APD. Norges Bank acquired a new position in Air Products and Chemicals during the fourth quarter worth $1,063,906,000. Viking Global Investors LP acquired a new position in Air Products and Chemicals during the second quarter worth $607,601,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Air Products and Chemicals by 644.6% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock worth $281,258,000 after buying an additional 892,793 shares during the last quarter. Franklin Resources Inc. increased its holdings in Air Products and Chemicals by 21.6% during the third quarter. Franklin Resources Inc. now owns 4,616,305 shares of the basic materials company’s stock worth $1,258,678,000 after buying an additional 821,524 shares during the last quarter. Finally, Capital International Investors increased its holdings in Air Products and Chemicals by 7.4% during the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock worth $2,419,029,000 after buying an additional 609,489 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. UBS Group boosted their target price on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Citigroup boosted their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, May 4th. Finally, Wells Fargo & Company boosted their target price on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $323.12.

Check Out Our Latest Research Report on Air Products and Chemicals

Insider Buying and Selling

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

Air Products and Chemicals Trading Up 0.1%

APD stock opened at $282.74 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a fifty day moving average price of $293.91 and a two-hundred day moving average price of $275.53. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $307.96. The stock has a market cap of $62.96 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 2.48 and a beta of 0.74.

Air Products and Chemicals (NYSE:APDGet Free Report) last released its quarterly earnings data 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 net margin of 16.91% and a return on equity of 16.11%. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period in the previous year, the business posted $2.69 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is 76.19%.

About Air Products and Chemicals

(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.

Recommended Stories

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.