UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 30,409 Shares of Air Products and Chemicals, Inc. $APD

Key Points

• UBS Asset Management reduced its Air Products and Chemicals stake by 2.8%, selling 30,409 shares in the second quarter. It still held 1.04 million shares worth approximately $305.1 million, while institutional investors collectively owned 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 consensus. The company maintained fiscal 2026 EPS guidance of $13.39–$13.49.
• The company declared a quarterly dividend of $1.81 per share, equivalent to $7.24 annually and a 2.3% yield. Analysts maintained a “Moderate Buy” consensus rating with an average price target of $332.76.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,040,806 shares of the basic materials company's stock after selling 30,409 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.47% of Air Products and Chemicals worth $305,144,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Lloyd Advisory Services LLC. purchased a new position in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Evolution Wealth Management Inc. purchased a new stake in Air Products and Chemicals during the first quarter valued at $25,000. Fiduciary Financial Advisors bought a new position in Air Products and Chemicals in the second quarter valued at about $25,000. Meeder Asset Management Inc. purchased a new position in Air Products and Chemicals in the fourth quarter worth about $25,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Air Products and Chemicals during the 4th quarter valued at about $25,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Up 0.6%

NYSE APD opened at $309.86 on Tuesday. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $69.00 billion, a P/E ratio of -1,408.45, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. The stock's 50-day moving average price is $298.88 and its 200-day moving average price is $291.82.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the company posted $3.09 EPS. The firm's revenue was up 4.6% on a year-over-year basis. 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 research analysts predict that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.3%. Air Products and Chemicals's dividend payout ratio is -3,290.91%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. UBS Group upped their price target on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a "neutral" rating in a research 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. Royal Bank Of Canada upped their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Citigroup increased their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Finally, Mizuho lifted their price target on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Air Products and Chemicals presently has a consensus rating of "Moderate Buy" and an average price target 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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