Air Products and Chemicals, Inc. (APD)
| Market Cap | 72.89B |
| Revenue (ttm) | 12.10B |
| Net Income (ttm) | 3.83B |
| Shares Out | 222.31M |
| EPS (ttm) | 17.18 |
| PE Ratio | 19.02 |
| Forward PE | 25.36 |
| Dividend | $7.08 (2.16%) |
| Ex-Dividend Date | Oct 1, 2024 |
| Volume | 1,694,275 |
| Open | 328.32 |
| Previous Close | 328.00 |
| Day's Range | 325.52 - 330.11 |
| 52-Week Range | 212.24 - 332.43 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 329.07 (+0.37%) |
| Earnings Date | Nov 7, 2024 |
About APD
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufa... [Read more]
Financial Performance
In 2024, APD's revenue was $12.10 billion, a decrease of -3.96% compared to the previous year's $12.60 billion. Earnings were $3.83 billion, an increase of 66.43%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for APD stock is "Buy." The 12-month stock price forecast is $329.07, which is an increase of 0.37% from the latest price.
News
Air Products Issues Statement
LEHIGH VALLEY, Pa. , Nov. 19, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today issued the following statement regarding the nomination of director candidates by Mantle Ridge for election to the Air ...
Exclusive: Mantle Ridge nominates new board for Air Products, pushes for new CEO
Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals , with the activist investor pushing the industrial gases maker to name a new CEO, shift its capital alloca...
Air Products And Chemicals: 2 Strategies For A Dividend Champion (Technical Analysis)
Air Products and Chemicals is a high-quality industrial gases company with a strong balance sheet, consistent dividend growth, and a sustainability-driven growth strategy. Valuation analysis suggests ...
Air Products Announces Two New Independent Director Candidates as Part of Ongoing Board Refreshment
Bob Patel and Alfred Stern, seasoned executives with experience leading major publicly listed industrial companies, to stand for election at Air Products' 2025 Annual Meeting of Shareholders Patel, fo...
67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs
November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast ...
Air Products and Chemicals: Mixed Results Offset By Lower Capital Spending (Rating Downgrade)
Shares of Air Products and Chemicals have shown mixed performance, with recent improvements driven by better results and activist pressure, but now appear fairly valued. APD's Q4 results showed a 13% ...
Air Products and Chemicals, Inc. (APD) Q4 2024 Earnings Call Transcript
Air Products and Chemicals, Inc. (NYSE:APD) Q4 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Eric Guter - IR Seifi Ghasemi - Chairman, President and CEO Melissa Schae...
Air Products Reports Fiscal 2024 Fourth Quarter GAAP EPS of $8.81 and Adjusted EPS of $3.56
Fiscal Year 2024 (comparisons versus prior year): GAAP EPS# of $17.24, up 67 percent; GAAP net income of $3.9 billion, up 65 percent; and GAAP net income margin of 31.9 percent, up 1,330 basis points ...
Air Products: A Low-Risk Bet On Clean Hydrogen Future
Air Products is a low-risk, cash-generating business that will benefit from soaring demand for clean hydrogen. Hydrogen is increasingly being adopted in industrial processes, the energy industry and t...
D.E. Shaw throws support to Mantle Ridge in Air Products board fight
Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals and is now supporting a rival activist's efforts instead of pressing ahead with it...
ESG-Driven Green Hydrogen Risk At The Center Of Air Products Dispute
A growing controversy over the ESG-driven capital allocation strategies of industrial gas provider Air Products illustrates the sorts of challenges so many American companies face related to the energ...
D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
Both activists want to address CEO succession planning and capital allocation at the company.
Air Products to Broadcast Fiscal Fourth Quarter Earnings Teleconference on November 7, 2024
LEHIGH VALLEY, Pa. , Oct. 14, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 fourth quarter financial results prior to market open on Thursday, November 7, 2024 and will rev...
D.E. Shaw Calls for Improvements at Air Products & Chemicals
The hedge fund called for changes at Air Products aimed at addressing underperformance and deficiencies in governance and capital allocation policies.
Hedge fund D.E. Shaw nominates three directors at Air Products, has $1 billion stake
Multi-strategy hedge fund D.E. Shaw nominated three directors to Air Products and Chemical's board, and is pushing for the company to return to historically successful business practices.
Faber Report: D.E. Shaw gets active in Air Products
CNBC's David Faber delivers his latest Faber Report.
The D. E. Shaw Group Calls for Air Products and Chemicals to Address Longstanding Underperformance
Reiterates the Need for the Board to Engage in Proper Succession Planning and Insist on a More Rigorous Capital Allocation Policy NEW YORK , Oct. 10, 2024 /PRNewswire/ -- The D. E. Shaw group, a globa...
Air Products Stock Jumps as Activist Investor Pushes Strategy Shift
Air Products and Chemicals (APD) shares soared on Monday following reports that activist investor Mantle Ridge has acquired a stake worth more than $1 billion in the industrial gas provider and plans ...
APD Stock Climbs as Activist Investor Takes Significant Stake
Air Products & Chemicals (APD, Financial) shares surged by 7.93% recently following the news of a significant activist investment. Mantle Ridge, an investment firm, has acquired over $1 billion in sha...
One Billion Stake By Mantle Ridge For The Betterment of Air Products
Mantle Ridge hedge fund has recently stepped into the industrial gas space by purchasing $1 billion of Air Products (APD, Financial) shares. Mantle Ridge is known as an activist investor that actively...
Air Products Stock Is Top Performer in S&P 500. Here's Why.
Shares of the industrial gas seller are rising after a media report says an activist investor has built a stake of more than a $1 billion in the company.
This Alibaba Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Activist investor Mantle Ridge has a $1 billion-plus stake in industrial gas supplier Air Products and Chemicals, according to a person familiar with the matter. Mantle Ridge, run by Paul Hilal, is se...
Activist Mantle Ridge Has Over $1 Billion Stake in Air Products
Mantle Ridge, run by Paul Hilal, plans to push executives at the industrial gas manufacturer on succession planning for Chief Executive Seifi Ghasemi and for improvements to the company's strategy and...
Air Products and Chemicals: Scoop Up This Dividend Aristocrat Now
Air Products and Chemicals has hiked its payout to shareholders for 41 consecutive years. The industrial gases giant's adjusted EPS climbed higher in the fiscal third quarter. Air Products and Chemica...