Mizuho Markets Cayman LP Purchases New Shares in Air Products and Chemicals, Inc. $APD

Mizuho Markets Cayman LP acquired a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 43,615 shares of the basic materials company’s stock, valued at approximately $10,774,000. Air Products and Chemicals comprises 0.5% of Mizuho Markets Cayman LP’s holdings, making the stock its 25th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Holos Integrated Wealth LLC purchased a new position in Air Products and Chemicals during the fourth quarter valued at $25,000. Richardson Financial Services Inc. raised its stake in Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after buying an additional 97 shares during the last quarter. Financial Life Planners purchased a new position in Air Products and Chemicals during the third quarter valued at $30,000. Caitlin John LLC purchased a new position in Air Products and Chemicals during the third quarter valued at $30,000. Finally, Cloud Capital Management LLC purchased a new position in Air Products and Chemicals during the third quarter valued at $34,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Activity at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.88% of the stock is owned by insiders.

Air Products and Chemicals Stock Performance

Shares of APD opened at $289.13 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $307.96. The firm has a market capitalization of $64.38 billion, a P/E ratio of 30.60, a PEG ratio of 2.55 and a beta of 0.77. The business has a fifty day moving average of $294.38 and a 200 day moving average of $273.33.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the previous year, the company posted $2.69 earnings per share. Air Products and Chemicals’s revenue was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. Air Products and Chemicals’s payout ratio is presently 76.61%.

Analysts Set New Price Targets

APD has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, May 4th. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the company a “buy” rating in a research note on Monday, April 20th. Citigroup lifted their price objective on Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Finally, Morgan Stanley lifted their price objective on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $323.12.

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.