iSAM Funds UK Ltd Sells 3,024 Shares of Air Products and Chemicals, Inc. $APD

iSAM Funds UK Ltd cut its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 57.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,200 shares of the basic materials company’s stock after selling 3,024 shares during the period. iSAM Funds UK Ltd’s holdings in Air Products and Chemicals were worth $645,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of APD. Lloyd Advisory Services LLC. bought a new position in Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Air Products and Chemicals in the 1st quarter valued at $25,000. Fiduciary Financial Advisors bought a new position in shares of Air Products and Chemicals in the 2nd quarter worth $25,000. Meeder Asset Management Inc. bought a new stake in Air Products and Chemicals in the fourth quarter valued at about $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in Air Products and Chemicals in the fourth quarter valued at about $25,000. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Up 1.4%

Shares of APD stock opened at $309.63 on Thursday. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. 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 firm has a fifty day moving average of $299.95 and a 200-day moving average of $292.03. The company has a market capitalization of $68.95 billion, a price-to-earnings ratio of -1,407.41, a P/E/G ratio of 3.08 and a beta of 0.75.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the previous year, the firm posted $3.09 EPS. The firm’s revenue was up 4.6% compared to the same quarter last year. 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, equities research analysts predict that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -3,290.91%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Sanford C. Bernstein restated an “outperform” rating and set a $373.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 31st. UBS Group upped their target price on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Royal Bank Of Canada lifted their price target on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Finally, Citigroup lifted their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.