PensionDanmark Pensionsforsikringsaktieselskab Purchases 12,266 Shares of Air Products and Chemicals, Inc. $APD

Key Points

• PensionDanmark increased its Air Products and Chemicals stake by 38% in the second quarter, purchasing 12,266 shares and bringing its total holdings to 44,586 shares valued at approximately $13.1 million. Institutional investors collectively own 81.66% of the company.
• Air Products reported quarterly EPS of $3.47, exceeding estimates of $3.34, while revenue rose 4.6% year over year to $3.16 billion but fell short of expectations. The company maintained fiscal 2026 EPS guidance of $13.39–$13.49.
• The company declared a quarterly dividend of $1.81 per share, or $7.24 annualized, representing a 2.4% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $332.76.

PensionDanmark Pensionsforsikringsaktieselskab lifted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 38.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,586 shares of the basic materials company's stock after purchasing an additional 12,266 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in Air Products and Chemicals were worth $13,072,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Air Products and Chemicals by 5.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company's stock valued at $121,909,000 after buying an additional 23,760 shares during the last quarter. Assetmark Inc. grew its stake in shares of Air Products and Chemicals by 4.9% in the fourth quarter. Assetmark Inc. now owns 135,947 shares of the basic materials company's stock worth $33,582,000 after acquiring an additional 6,342 shares during the last quarter. Castle Rock Wealth Management LLC purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth $1,649,000. Cardinal Capital Management Inc. increased its holdings in shares of Air Products and Chemicals by 3.4% during the fourth quarter. Cardinal Capital Management Inc. now owns 124,278 shares of the basic materials company's stock valued at $30,699,000 after acquiring an additional 4,045 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Air Products and Chemicals by 22.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,511 shares of the basic materials company's stock worth $10,007,000 after purchasing an additional 7,485 shares during the last quarter. Institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Trading Up 1.1%

Air Products and Chemicals stock opened at $303.35 on Friday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The business's fifty day moving average is $290.90 and its 200 day moving average is $287.76. The stock has a market capitalization of $67.55 billion, a PE ratio of -1,378.84, a price-to-earnings-growth ratio of 2.61 and a beta of 0.73. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued 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 business had revenue of $3.16 billion during the quarter, compared to analyst estimates 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%.Air Products and Chemicals's revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.09 EPS. 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, sell-side analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Bank of America lifted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a "neutral" rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday. Weiss Ratings cut shares of Air Products and Chemicals from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 31st. Finally, Berenberg Bank set a $350.00 price target on shares of Air Products and Chemicals and gave the company a "buy" rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus 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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