The Manufacturers Life Insurance Company Lowers Holdings in Air Products and Chemicals, Inc. $APD

Posted by Francis Steltz on Aug 27th, 2026

The Manufacturers Life Insurance Company decreased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 4.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 112,169 shares of the basic materials company’s stock after selling 4,892 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Air Products and Chemicals were worth $32,886,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Air Products and Chemicals by 5.1% in the 4th 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 period. S&CO Inc. acquired a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $27,733,000. Castle Rock Wealth Management LLC acquired a new position in shares of Air Products and Chemicals during the fourth quarter worth $1,649,000. Staley Capital Advisers Inc. raised its stake in Air Products and Chemicals by 108.2% in the fourth quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company’s stock valued at $35,579,000 after buying an additional 74,868 shares in the last quarter. Finally, Danske Bank A S lifted its holdings in Air Products and Chemicals by 9.7% during the 4th quarter. Danske Bank A S now owns 127,263 shares of the basic materials company’s stock worth $31,437,000 after buying an additional 11,263 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on APD shares. Weiss Ratings downgraded Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 10th. Wells Fargo & Company raised their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Sanford C. Bernstein restated an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. One 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Read Our Latest Stock Analysis on Air Products and Chemicals

Air Products and Chemicals Stock Up 1.1%

Air Products and Chemicals stock opened at $307.33 on Thursday. The stock has a 50 day moving average of $297.27 and a two-hundred day moving average of $291.38. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87. The stock has a market capitalization of $68.44 billion, a price-to-earnings ratio of -1,396.95, a PEG ratio of 2.64 and a beta of 0.73. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD – Get Free Report) last released its earnings results 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the company posted $3.09 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. 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. As a group, research analysts expect 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 announced 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. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

Air Products and Chemicals Company Profile

(Free Report)

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.