Mirae Asset Global Investments Co. Ltd. Buys 3,977 Shares of Air Products and Chemicals, Inc. $APD

Mirae Asset Global Investments Co. Ltd. grew its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 13.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 33,026 shares of the basic materials company’s stock after purchasing an additional 3,977 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Air Products and Chemicals were worth $9,007,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of APD. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Air Products and Chemicals during the second quarter valued at approximately $28,000. Traub Capital Management LLC bought a new position in Air Products and Chemicals in the 2nd quarter valued at approximately $28,000. Abound Wealth Management lifted its position in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 76 shares in the last quarter. Westside Investment Management Inc. boosted its stake in Air Products and Chemicals by 228.1% during the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Finally, Financial Connections Group Inc. increased its holdings in shares of Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 35 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Key Headlines Impacting Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $3.16 vs. $3.04 expected and revenue $3.10B vs. $3.05B, with margins benefiting from lower costs and pricing. This beat is the primary driver of the rally. APD Q1 Earnings Beat on Lower Costs
• Positive Sentiment: Management maintained FY‑2026 guidance (EPS 12.85–13.15) and set Q2 guidance (2.95–3.10), signaling confidence in the business and limiting downside from the quarter. Air Products Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Corporate wins and shareholder actions: increased quarterly dividend to $1.81 (44th consecutive annual raise) and new/ongoing contracts including >$140M in NASA liquid‑hydrogen awards and progress on low‑emission ammonia deals — supportive for long‑term revenue visibility. Air Products Reports Fiscal 2026 First Quarter Results
• Neutral Sentiment: Guidance relative to consensus is mixed — the company’s FY and Q2 ranges are essentially maintained but sit near or slightly below some street estimates (e.g., consensus Q2 ~3.03; FY consensus cited ~12.93), which could cap upside until guidance traction is confirmed.
• Neutral Sentiment: Planned capital expenditures remain high (~$4.0B for FY‑2026). That supports growth projects (H2, ammonia, hydrogen infrastructure) but may constrain free cash flow near term. Air Products Reports Fiscal 2026 First Quarter Results
• Negative Sentiment: Relative performance: some coverage noted APD underperformed peers recently, a reminder of potential short‑term volatility if sector momentum fades. Air Products Underperforms Peers

Wall Street Analysts Forecast Growth

APD has been the topic of a number of research analyst reports. UBS Group downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their price target for the company from $310.00 to $250.00 in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. JPMorgan Chase & Co. reduced 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. Bank of America upgraded shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective on the stock in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada dropped 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus price target of $288.00.

Air Products and Chemicals Price Performance

NYSE APD opened at $272.56 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The business’s fifty day moving average is $254.42 and its 200 day moving average is $268.44. The company has a market capitalization of $60.67 billion, a PE ratio of -153.12, a price-to-earnings-growth ratio of 2.52 and a beta of 0.87. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $341.14.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.04 by $0.12. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.86 earnings per share. 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. Sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is currently -402.25%.

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.