Air Products and Chemicals Inc. has been highlighted in numerous reports, both concerning its market performance and strategic decisions. A significant move is Honeywell's acquisition of Air Products'
Liquefied Natural Gas business. This is accompanied by increased purchases of Air Products shares by
M&G Plc,
Choate Investment Advisors, and
Orion Portfolio Solutions, among others. Notably, the company has issued a $1.77 quarterly dividend. However, its shift to hydrogen is seen as both innovative and risky. Multiple hedge funds view it as a worthy materials stock. The company's stock is surging, with expectations high for its next earnings report. Moreover, it's expanding its manufacturing and logistic centers. On the other hand, its strong profits may be masking underlying issues, and despite reported earnings misses, its stock continues to rise. The company has also recently entered the
green hydrogen sector, partnering with TotalEnergies. Finally, Saudi Aramco is said to be buying a 50% stake in their blue hydrogen business.
Air Products Chemicals APD News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 14:46:17 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 3
