Rakuten Investment Management Inc. Purchases 39,608 Shares of Air Products and Chemicals, Inc. $APD

Rakuten Investment Management Inc. acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD) during the third quarter, HoldingsChannel reports. The fund acquired 39,608 shares of the basic materials company’s stock, valued at approximately $11,058,000.

Several other institutional investors also recently bought and sold shares of APD. S&CO Inc. purchased a new stake in shares of Air Products and Chemicals in the second quarter valued at about $27,733,000. Park National Corp OH increased its stake in shares of Air Products and Chemicals by 66.7% during the third quarter. Park National Corp OH now owns 24,538 shares of the basic materials company’s stock worth $6,761,000 after acquiring an additional 9,817 shares during the period. Neville Rodie & Shaw Inc. increased its stake in shares of Air Products and Chemicals by 1,457.1% during the third quarter. Neville Rodie & Shaw Inc. now owns 28,806 shares of the basic materials company’s stock worth $7,851,000 after acquiring an additional 26,956 shares during the period. NewEdge Advisors LLC increased its stake in shares of Air Products and Chemicals by 26.7% during the first quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock worth $16,573,000 after acquiring an additional 12,020 shares during the period. Finally, Robertson Stephens Wealth Management LLC raised its holdings in Air Products and Chemicals by 1,352.9% during the third quarter. Robertson Stephens Wealth Management LLC now owns 13,309 shares of the basic materials company’s stock worth $3,627,000 after purchasing an additional 12,393 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals News Roundup

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS was $3.61, in line with consensus, while revenue rose 12.3% year over year to $3.56 billion, exceeding estimates. Full-year adjusted EPS increased 12% to $13.45. Air Products fiscal 2026 results and guidance
• Positive Sentiment: Management forecast fiscal 2027 adjusted EPS of $14.15–$14.50 and reported more than $2 billion in new electronics wins, expanding its project backlog. APD Q4 earnings and fiscal 2027 outlook
• Positive Sentiment: Mizuho raised its price target to $360 from $355 and maintained an Outperform rating. Mizuho price-target update
• Negative Sentiment: GAAP results were burdened by significant project-exit charges, primarily tied to two China coal-gasification plants. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting ongoing project-related risks that may temper the positive operating results. Air Products fiscal 2026 results and guidance

Air Products and Chemicals Price Performance

Shares of NYSE APD opened at $309.98 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $324.00. The firm has a market capitalization of $69.03 billion, a P/E ratio of 24.12, a PEG ratio of 3.00 and a beta of 0.67. The company’s fifty day moving average is $294.95 and its two-hundred day moving average is $290.69.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, November 5th. The basic materials company reported $3.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $3.61. 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 $3.56 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter last year, the firm posted $3.39 EPS. The business’s revenue was up 12.3% compared to the same quarter last year. Analysts forecast that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 8th. Shareholders of record on Monday, January 4th will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Argus boosted their target price on Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. Mizuho boosted their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 27th. Finally, UBS Group reduced their price target on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $333.88.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.