Allianz SE Acquires 2,410 Shares of Air Products and Chemicals, Inc. $APD

Allianz SE boosted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 309.0% during the third quarter, Holdings Channel.com reports. The firm owned 3,190 shares of the basic materials company’s stock after acquiring an additional 2,410 shares during the quarter. Allianz SE’s holdings in Air Products and Chemicals were worth $870,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Traub Capital Management LLC bought a new stake in shares of Air Products and Chemicals in the 2nd quarter worth approximately $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in Air Products and Chemicals during the second quarter valued at $28,000. Abound Wealth Management boosted its holdings in Air Products and Chemicals by 292.3% in the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares in the last quarter. Westside Investment Management Inc. grew its stake in shares of Air Products and Chemicals by 228.1% in the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 73 shares during the last quarter. Finally, Cloud Capital Management LLC bought a new position in shares of Air Products and Chemicals during the third quarter valued at $34,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Trading Down 0.2%

NYSE:APD opened at $275.78 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $321.47. The company has a market cap of $61.41 billion, a PE ratio of -182.64, a price-to-earnings-growth ratio of 2.70 and a beta of 0.87. The company has a 50 day simple moving average of $267.19 and a two-hundred day simple moving average of $267.07.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.04 by $0.12. The firm had revenue of $3.10 billion for the quarter, compared to analysts’ expectations 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%.The company’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior 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. Research analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be given a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals’s payout ratio is -474.17%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on APD. Citigroup upped their price target on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Royal Bank Of Canada decreased their target price on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a report 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 target on the stock in a report on Thursday, January 8th. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 13th. Eight 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $295.88.

Insider Activity

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. The trade was a 42.87% decrease in their position. 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 corporate insiders.

Air Products and Chemicals 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.