ABN AMRO Bank N.V. Buys New Position in Air Products and Chemicals, Inc. $APD

ABN AMRO Bank N.V. bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,038 shares of the basic materials company’s stock, valued at approximately $861,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in APD. Brighton Jones LLC boosted its holdings in Air Products and Chemicals by 14.5% during the fourth 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 during the last quarter. Bison Wealth LLC bought a new stake in Air Products and Chemicals during the 4th quarter worth about $245,000. AE Wealth Management LLC boosted its stake in shares of Air Products and Chemicals by 10.6% during the 1st quarter. AE Wealth Management LLC now owns 1,686 shares of the basic materials company’s stock worth $497,000 after buying an additional 162 shares during the last quarter. Pinnacle Associates Ltd. grew its holdings in shares of Air Products and Chemicals by 7.8% in the 1st quarter. Pinnacle Associates Ltd. now owns 2,169 shares of the basic materials company’s stock valued at $640,000 after acquiring an additional 157 shares in the last quarter. Finally, Atria Investments Inc increased its position in shares of Air Products and Chemicals by 15.3% in the first quarter. Atria Investments Inc now owns 37,191 shares of the basic materials company’s stock valued at $10,968,000 after acquiring an additional 4,923 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $257.39 on Friday. The company has a market cap of $57.28 billion, a price-to-earnings ratio of 37.03, a PEG ratio of 5.16 and a beta of 0.81. Air Products and Chemicals, Inc. has a fifty-two week low of $235.55 and a fifty-two week high of $341.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29. The stock has a fifty day moving average price of $262.21 and a 200-day moving average price of $277.16.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.Air Products and Chemicals’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be paid a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on APD. Evercore ISI decreased their price target on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. JPMorgan Chase & Co. cut 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. Wells Fargo & Company reduced their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, November 7th. UBS Group dropped their price objective on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Finally, The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a research note on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $313.75.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.