Air Products Chemicals (APD) is currently experiencing significant developments with several key events, such as the company's shares being acquired by the
Czech National Bank and
EP Wealth Advisors LLC, to name a few. The total return for APD investors has reportedly outpaced earnings growth in the last five years, contributing to the stocks hitting a 52-week high. Further, the influential
Activist firm Mantle Ridge has taken a stake in Air Products, pushing the firm toward positive changes. In a transformative move, APD has completed the sale of its Liquefied Natural Gas Process Technology and Equipment Business to
Honeywell for $1.81 B. Also, APD stretched its operations by signing a Power Purchase Agreement for
Solar Electricity in Taiwan and announcing plans to further expand their Manufacturing & Logistics Center. However, despite all these developments, it seems some investors remain skeptical about the returns on capital. APD has recently gained the attention of the Healthcare of Ontario Pension Plan Trust Fund, with a combined $25.81 Million in stock. Finally, APD showed strategic foresight in the face of COO departure and formation of a new management board.
Air Products Chemicals APD News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Sat, 05 Oct 2024 14:23:18 GMT -
Rating 8
- Innovation 9
- Information 10
- Rumor 7
