Capital Research Global Investors Has $3.21 Billion Holdings in Air Products and Chemicals, Inc. $APD

Key Points

• Capital Research Global Investors increased its stake in Air Products to 11,766,942 shares (about 5.29%), valued at roughly $3.21 billion after adding 272,197 shares in Q3.
• Air Products beat quarterly estimates with EPS of $3.16 (vs. $3.04) and revenue of $3.10B; the company set FY2026 guidance of 12.85–13.15 EPS and raised its quarterly dividend to $1.81 (annualized $7.24, ~2.6% yield).

Capital Research Global Investors increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,766,942 shares of the basic materials company's stock after acquiring an additional 272,197 shares during the period. Capital Research Global Investors owned about 5.29% of Air Products and Chemicals worth $3,209,068,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Capital International Sarl increased its stake in shares of Air Products and Chemicals by 3.6% in the third quarter. Capital International Sarl now owns 8,599 shares of the basic materials company's stock valued at $2,345,000 after buying an additional 296 shares in the last quarter. Capital International Inc. CA grew its holdings in Air Products and Chemicals by 22.4% during the 3rd quarter. Capital International Inc. CA now owns 127,894 shares of the basic materials company's stock worth $34,879,000 after acquiring an additional 23,407 shares during the last quarter. Capital International Investors increased its position in Air Products and Chemicals by 7.4% in the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company's stock valued at $2,419,029,000 after acquiring an additional 609,489 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Air Products and Chemicals by 2.1% in the third quarter. Bank of Montreal Can now owns 292,131 shares of the basic materials company's stock worth $79,670,000 after acquiring an additional 6,146 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Air Products and Chemicals by 3.4% during the third quarter. Legal & General Group Plc now owns 1,130,644 shares of the basic materials company's stock worth $308,349,000 after purchasing an additional 37,079 shares in the last quarter. Institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $274.52 on Tuesday. The firm has a 50 day moving average of $270.62 and a 200-day moving average of $266.18. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $316.39. The stock has a market capitalization of $61.13 billion, a PE ratio of -181.80, a PEG ratio of 2.67 and a beta of 0.88.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.04 by $0.12. The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $2.86 earnings per share. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be paid a $1.81 dividend. This is a positive change from Air Products and Chemicals's previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals's dividend payout ratio (DPR) is -474.17%.

Insider Activity at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the company's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.88% of the company's stock.

Analysts Set New Price Targets

APD has been the topic of a number of recent research reports. Argus decreased their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a "buy" rating on the stock in a research report on Thursday, December 11th. BMO Capital Markets restated a "market perform" rating and set a $282.00 price objective on shares of Air Products and Chemicals in a report on Monday, February 2nd. Citigroup raised their price objective on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a "neutral" rating in a research note on Monday, February 2nd. Wolfe Research reaffirmed an "outperform" rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, December 8th. Finally, UBS Group lifted their target price on Air Products and Chemicals from $250.00 to $285.00 and gave the company a "neutral" rating in a research report on Monday, February 2nd. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $295.88.

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.

Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.