Keybank National Association OH Has $34.77 Million Stock Position in Air Products and Chemicals, Inc. $APD

Keybank National Association OH lessened its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 2.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 127,477 shares of the basic materials company’s stock after selling 2,983 shares during the period. Keybank National Association OH’s holdings in Air Products and Chemicals were worth $34,766,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Air Products and Chemicals by 14.5% in the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after purchasing an additional 412 shares in the last quarter. Bison Wealth LLC bought a new stake in shares of Air Products and Chemicals during the fourth quarter worth about $245,000. PFG Investments LLC increased its stake in shares of Air Products and Chemicals by 21.3% in the second quarter. PFG Investments LLC now owns 1,360 shares of the basic materials company’s stock valued at $384,000 after buying an additional 239 shares during the period. Pure Financial Advisors LLC bought a new position in Air Products and Chemicals in the 2nd quarter valued at approximately $214,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in Air Products and Chemicals by 9.6% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 5,756 shares of the basic materials company’s stock worth $1,623,000 after buying an additional 503 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Stock Up 6.5%

Shares of NYSE:APD opened at $272.56 on Friday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $341.14. 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’s 50-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 price-to-earnings ratio of -153.12, a P/E/G ratio of 2.52 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. Air Products and Chemicals’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Equities research 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 announced 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. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.7%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

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

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Evercore ISI decreased their price target on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. JPMorgan Chase & Co. decreased their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Royal Bank Of Canada lowered their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Citigroup upped their price target on Air Products and Chemicals from $245.00 to $272.00 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. Finally, UBS Group downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $310.00 to $250.00 in a research report on Thursday, December 11th. One 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $288.00.

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.