116,000 Shares in Air Products and Chemicals, Inc. $APD Acquired by Danske Bank A S

Danske Bank A S acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 116,000 shares of the basic materials company’s stock, valued at approximately $31,636,000. Danske Bank A S owned about 0.05% of Air Products and Chemicals as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Advisory Services Network LLC lifted its position in shares of Air Products and Chemicals by 2.0% during the third quarter. Advisory Services Network LLC now owns 11,122 shares of the basic materials company’s stock worth $3,033,000 after purchasing an additional 217 shares in the last quarter. U S Wealth Group LLC. increased its holdings in shares of Air Products and Chemicals by 3.0% in the third quarter. U S Wealth Group LLC. now owns 8,649 shares of the basic materials company’s stock valued at $2,359,000 after purchasing an additional 251 shares in the last quarter. Keystone Financial Group raised its position in Air Products and Chemicals by 22.4% in the 3rd quarter. Keystone Financial Group now owns 1,344 shares of the basic materials company’s stock worth $366,000 after purchasing an additional 246 shares during the last quarter. Morningstar Investment Management LLC lifted its holdings in Air Products and Chemicals by 761.6% during the 3rd quarter. Morningstar Investment Management LLC now owns 14,242 shares of the basic materials company’s stock worth $3,884,000 after buying an additional 12,589 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in Air Products and Chemicals by 1.9% in the 3rd quarter. NewEdge Advisors LLC now owns 50,381 shares of the basic materials company’s stock valued at $13,740,000 after buying an additional 938 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of APD stock opened at $281.96 on Thursday. The firm has a market capitalization of $62.78 billion, a price-to-earnings ratio of -186.73, a price-to-earnings-growth ratio of 2.80 and a beta of 0.88. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $301.11. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The firm has a fifty day moving average of $275.04 and a 200-day moving average of $265.83.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping the consensus estimate 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 previous year, the company posted $2.86 earnings per share. 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. On average, equities 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is presently -474.17%.

Analyst Ratings Changes

APD has been the subject of several research reports. Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 target price for the company in a research note on Thursday, January 8th. Wells Fargo & Company upgraded Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $270.00 to $325.00 in a report on Friday, March 13th. JPMorgan Chase & Co. lifted their price objective on Air Products and Chemicals from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Sanford C. Bernstein reissued an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, February 2nd. Finally, Argus cut their target price on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $299.12.

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.