497,209 Shares in Air Products and Chemicals, Inc. $APD Bought by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 497,209 shares of Air Products and Chemicals during the second quarter, valued at approximately $145.8 million and representing about 0.22% of the company. Institutional investors collectively own 81.66% of APD.
• Air Products reported quarterly EPS of $3.47, beating estimates of $3.34, while revenue rose 4.6% year over year to $3.16 billion. The company declared a quarterly dividend of $1.81 per share, equating to a 2.4% annualized yield.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $332.76, above its reported trading price of $303.18.

Deutsche Bank AG purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 497,209 shares of the basic materials company's stock, valued at approximately $145,772,000. Deutsche Bank AG owned approximately 0.22% of Air Products and Chemicals at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. bought a new stake in shares of Air Products and Chemicals in the 4th quarter valued at about $25,000. Evolution Wealth Management Inc. acquired a new position in Air Products and Chemicals during the first quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new stake in Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Finally, Motiv8 Investments LLC bought a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $26,000. Institutional investors and hedge funds own 81.66% of the company's stock.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $303.18 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock's fifty day moving average price is $294.91 and its two-hundred day moving average price is $290.45. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The firm has a market cap of $67.51 billion, a price-to-earnings ratio of -1,378.09, a P/E/G ratio of 2.63 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts' consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company's revenue was up 4.6% on a year-over-year basis. During the same quarter last 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. On average, equities analysts forecast that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals's dividend payout ratio is presently -3,290.91%.

Analyst Upgrades and Downgrades

APD has been the subject of several research reports. Citigroup raised their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. JPMorgan Chase & Co. increased their price objective on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the company an "overweight" rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Finally, Weiss Ratings lowered shares of Air Products and Chemicals from a "hold (c)" rating to a "hold (c-)" 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 company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $332.76.

Air Products and Chemicals Company 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.

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