Danske Bank A S Makes New $31.64 Million Investment in Air Products and Chemicals, Inc. $APD

Danske Bank A S purchased a new stake in Air Products and Chemicals, Inc. (NYSE:APD) during the third quarter, HoldingsChannel reports. The institutional investor purchased 116,000 shares of the basic materials company’s stock, valued at approximately $31,636,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in Air Products and Chemicals in the 2nd quarter valued at approximately $28,000. Traub Capital Management LLC bought a new position in shares of Air Products and Chemicals during the 2nd quarter worth approximately $28,000. Abound Wealth Management grew its stake in shares of Air Products and Chemicals by 292.3% during the 3rd 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. Financial Life Planners acquired a new stake in shares of Air Products and Chemicals in the third quarter valued at approximately $30,000. Finally, Caitlin John LLC bought a new stake in shares of Air Products and Chemicals in the third quarter worth $30,000. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

APD has been the subject of a number of analyst reports. Mizuho decreased their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. Citigroup lifted their target price on Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $299.12.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $281.96 on Thursday. The stock has a 50 day simple moving average of $275.04 and a 200 day simple moving average of $265.83. The stock has a market cap of $62.78 billion, a P/E ratio of -186.73, a PEG ratio of 2.80 and a beta of 0.88. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $301.11. 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 (NYSE:APD) last issued its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm posted $2.86 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. 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 anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s payout ratio is -474.17%.

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.