Air Products & Chemicals
About: Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.1 billion in revenue in fiscal 2024.
Employees: 23,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
149% more first-time investments, than exits
New positions opened: 227 | Existing positions closed: 91
7% more funds holding in top 10
Funds holding in top 10: 28 [Q3] → 30 (+2) [Q4]
7% more funds holding
Funds holding: 1,646 [Q3] → 1,753 (+107) [Q4]
1.22% more ownership
Funds ownership: 88.61% [Q3] → 89.83% (+1.22%) [Q4]
1% more capital invested
Capital invested by funds: $58.6B [Q3] → $59.2B (+$601M) [Q4]
8% less repeat investments, than reductions
Existing positions increased: 595 | Existing positions reduced: 649
10% less call options, than puts
Call options by funds: $350M | Put options by funds: $388M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
B of A Securities Steve Byrne 50% 1-year accuracy 13 / 26 met price target | 7%upside $282 | Underperform Downgraded | 15 Apr 2025 |
UBS Joshua Spector 29% 1-year accuracy 15 / 52 met price target | 27%upside $335 | Buy Maintained | 15 Apr 2025 |
Wells Fargo Michael Sison 25% 1-year accuracy 13 / 53 met price target | 22%upside $320 | Overweight Maintained | 9 Apr 2025 |
Barclays Duffy Fischer 40% 1-year accuracy 8 / 20 met price target | 35%upside $355 | Overweight Maintained | 1 Apr 2025 |
Citigroup Patrick Cunningham 34% 1-year accuracy 12 / 35 met price target | 31%upside $345 | Buy Maintained | 25 Mar 2025 |
Financial journalist opinion
Based on 8 articles about APD published over the past 30 days









