Allianz SE Increases Holdings in Air Products and Chemicals, Inc. $APD

Allianz SE increased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 309.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,190 shares of the basic materials company’s stock after buying 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 filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Handelsbanken Fonder AB raised its stake in shares of Air Products and Chemicals by 1.2% during the third quarter. Handelsbanken Fonder AB now owns 84,456 shares of the basic materials company’s stock worth $23,033,000 after acquiring an additional 988 shares in the last quarter. Generali Investments Management Co LLC grew its holdings in shares of Air Products and Chemicals by 13.5% during the 3rd quarter. Generali Investments Management Co LLC now owns 565 shares of the basic materials company’s stock valued at $154,000 after purchasing an additional 67 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. grew its holdings in shares of Air Products and Chemicals by 8.2% during the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 71,164 shares of the basic materials company’s stock valued at $19,408,000 after purchasing an additional 5,370 shares during the last quarter. Diversify Wealth Management LLC raised its position in Air Products and Chemicals by 7.7% in the 3rd quarter. Diversify Wealth Management LLC now owns 17,091 shares of the basic materials company’s stock worth $4,661,000 after purchasing an additional 1,217 shares during the period. Finally, Integrated Advisors Network LLC lifted its stake in Air Products and Chemicals by 3.6% in the third quarter. Integrated Advisors Network LLC now owns 2,793 shares of the basic materials company’s stock worth $762,000 after purchasing an additional 96 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

APD has been the topic of a number of recent research reports. Royal Bank Of Canada reduced their price objective 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. Deutsche Bank Aktiengesellschaft set a $255.00 price target on Air Products and Chemicals in a research report on Wednesday, December 10th. JPMorgan Chase & Co. boosted their price objective on Air Products and Chemicals from $260.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Weiss Ratings cut shares of Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 13th. Finally, Mizuho decreased their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Hold” and an average target price of $295.88.

Air Products and Chemicals Price Performance

Shares of NYSE APD opened at $275.78 on Friday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $321.47. The stock has a market capitalization of $61.41 billion, a P/E ratio of -182.64, a P/E/G ratio of 2.70 and a beta of 0.87. The company’s 50-day moving average is $267.19 and its 200 day moving average is $267.07. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23.

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, topping the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the business posted $2.86 earnings per share. Air Products and Chemicals’s quarterly revenue was up 5.8% compared to the same quarter last year. 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. On average, sell-side analysts expect 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 declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given 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 is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is presently -474.17%.

Insiders Place Their Bets

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction 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 transaction, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.88% of the stock is currently owned by insiders.

About Air Products and Chemicals

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.