Nordea Investment Management AB Buys 2,032 Shares of Air Products and Chemicals, Inc. $APD

Nordea Investment Management AB increased its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 10.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,261 shares of the basic materials company’s stock after purchasing an additional 2,032 shares during the quarter. Nordea Investment Management AB’s holdings in Air Products and Chemicals were worth $5,777,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $1,020,081,000. Viking Global Investors LP acquired a new stake in Air Products and Chemicals in the second quarter worth about $607,601,000. First Trust Advisors LP raised its holdings in Air Products and Chemicals by 268.7% during the 2nd quarter. First Trust Advisors LP now owns 822,589 shares of the basic materials company’s stock worth $232,019,000 after purchasing an additional 599,513 shares during the last quarter. Franklin Resources Inc. lifted its position in Air Products and Chemicals by 13.3% during the 2nd quarter. Franklin Resources Inc. now owns 3,794,781 shares of the basic materials company’s stock valued at $1,070,356,000 after purchasing an additional 444,855 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Air Products and Chemicals by 43.3% in the 2nd quarter. Invesco Ltd. now owns 1,432,928 shares of the basic materials company’s stock valued at $404,172,000 after purchasing an additional 432,770 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

APD has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their price target on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Royal Bank Of Canada cut their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. UBS Group lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $310.00 to $250.00 in a research report on Thursday, December 11th. Citigroup cut Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $300.00 to $245.00 in a report on Monday, December 15th. Finally, Argus decreased their target price on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and an average price target of $292.00.

Air Products and Chemicals Stock Up 0.6%

Shares of Air Products and Chemicals stock opened at $267.56 on Friday. The company has a market capitalization of $59.56 billion, a P/E ratio of -150.31, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20. The business has a 50-day moving average of $253.45 and a two-hundred day moving average of $270.49. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter in the previous year, the business posted $3.56 EPS. Air Products and Chemicals’s revenue for the quarter was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be issued a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -402.25%.

About Air Products and Chemicals

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.