Air Products and Chemicals (APD) has had a busy fiscal season, with several impactful developments. The company is scheduled to broadcast its Q3 2025 Earnings on July 31, and has been initiated with an 'Outperform' rating at
RBC Capital. However, APD has been dropped from the Russell 1000's Value-Defensive Index and removed from two other Russell 1000 indexes. The company has illustrated its financial resilience by issuing $1.1 billion worth of notes and €500 million Eurobonds. However, it has underperformed compared to the S&P 500. There has been a major leadership shake-up with the appointment of
Eduardo F. Menezes as CEO. Technologically, APD has unveiled revolutionary
Smart Technology for metal processing. Despite some challenges, the company appears strong due to its financial prospects and is considered a top Materials stock to invest in by hedge funds. Nonetheless, it has faced a few setbacks, reporting a USD 1.7 billion net loss in Q2, and has been downgraded in terms of capital allocation. Recent developments have seen Mantle Ridge nominate a new board for the company, while facing major strategic shifts. The company's dividend payout was set at $1.79, with key payment dates released.
Air Products Chemicals APD News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Mon, 30 Jun 2025 19:00:56 GMT -
Rating -4
- Innovation 3
- Information 5
- Rumor -4
