Susquehanna Fundamental Investments LLC Takes Position in Air Products and Chemicals, Inc. $APD

Susquehanna Fundamental Investments LLC bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,213 shares of the basic materials company’s stock, valued at approximately $7,392,000.

A number of other hedge funds also recently bought and sold shares of APD. Sigma Planning Corp lifted its position in Air Products and Chemicals by 30.0% during the second quarter. Sigma Planning Corp now owns 4,042 shares of the basic materials company’s stock valued at $1,185,000 after purchasing an additional 932 shares during the last quarter. Two Sigma Securities LLC increased its holdings in shares of Air Products and Chemicals by 111.8% in the 2nd quarter. Two Sigma Securities LLC now owns 2,700 shares of the basic materials company’s stock worth $792,000 after buying an additional 1,425 shares during the last quarter. Flputnam Investment Management Co. increased its holdings in shares of Air Products and Chemicals by 163.1% in the 2nd quarter. Flputnam Investment Management Co. now owns 32,592 shares of the basic materials company’s stock worth $9,555,000 after buying an additional 20,204 shares during the last quarter. Spinnaker Trust raised its position in shares of Air Products and Chemicals by 1.1% during the 2nd quarter. Spinnaker Trust now owns 4,198 shares of the basic materials company’s stock valued at $1,231,000 after buying an additional 44 shares in the last quarter. Finally, Greenwood Capital Associates LLC lifted its holdings in shares of Air Products and Chemicals by 78.4% in the 2nd quarter. Greenwood Capital Associates LLC now owns 5,832 shares of the basic materials company’s stock valued at $1,710,000 after acquiring an additional 2,563 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $309.86 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The stock’s fifty day moving average is $298.88 and its two-hundred day moving average is $291.82. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a market capitalization of $69.00 billion, a PE ratio of -1,408.45, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

Wall Street Analyst Weigh In

APD has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Royal Bank Of Canada raised their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Mizuho boosted their price objective on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Wells Fargo & Company increased their target price on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Citigroup lifted their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $332.76.

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.