Livforsakringsbolaget Skandia Omsesidigt Purchases Shares of 1,763 Air Products and Chemicals, Inc. $APD

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Air Products and Chemicals, Inc. (NYSE:APD) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,763 shares of the basic materials company’s stock, valued at approximately $516,000.

Other hedge funds have also modified their holdings of the company. Twin Lakes Capital Management LLC bought a new position in shares of Air Products and Chemicals during the second quarter worth about $85,000. Glenview Trust Co bought a new stake in Air Products and Chemicals in the 2nd quarter valued at approximately $1,754,000. North Star Asset Management Inc. bought a new stake in Air Products and Chemicals in the 2nd quarter valued at approximately $645,000. Empowered Funds LLC acquired a new position in Air Products and Chemicals during the 2nd quarter worth approximately $2,393,000. Finally, United Capital Financial Advisors LLC bought a new position in shares of Air Products and Chemicals during the 2nd quarter worth approximately $6,156,000. 81.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

APD has been the topic of a number of recent research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 31st. UBS Group raised their target price on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Royal Bank Of Canada lifted their price target on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Finally, Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $332.76.

Air Products and Chemicals Price Performance

NYSE:APD opened at $308.27 on Friday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The company has a market cap of $68.65 billion, a P/E ratio of -1,401.23, a P/E/G ratio of 2.68 and a beta of 0.73. The firm’s fifty day moving average price is $298.34 and its two-hundred day moving average price is $291.65. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. Air Products and Chemicals’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. Equities analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.3%. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

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.