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 capital allocation, according to people familiar with the matter.
APD stock gains on its investments in high-return industrial gas projects and productivity and cost improvement actions.
APD benefits from its investments in high-return industrial gas projects and productivity measures.
While the softness in China is a concern, APD gains on its investments in high-return industrial gas projects and productivity measures.
Air Products and Chemicals, Inc. (NYSE:APD ) Jefferies Industrials Conference Call September 4, 2024 8:05 AM ET Company Participants Sidd Manjeshwar - Vice President, Investor Relations Conference Call Participants Laurence Alexander - Jefferies Laurence Alexander So good morning. It's Laurence Alexander with the Jefferies Chemicals team at the Jefferies Industrials Conference on the first day.
Air Products & Chemicals (APD) is a resilient Dividend Aristocrat with 41 consecutive years of dividend hikes and a 9% annual growth rate since 2014. APD's strategic focus on core industrial gases and low-carbon hydrogen, supported by strong financials, positions it well for long-term growth. Despite challenging market conditions, APD's valuation remains attractive, with a fair stock price estimate 20% above its current price.
APD gains on its investments in high-return industrial gas projects and productivity measures.
While Air Products (APD) faces headwinds from weakness in China, it gains on its investments in high-return industrial gas projects and productivity measures.
Air Products & Chemicals has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.6% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
Hydrogen is quickly becoming an essential part of the green energy matrix. For this reason, I recommend that investors consider the best hydrogen stocks to buy.
The emergence of clean energy and the concurrent pushback from fossil fuel enthusiasts show that the global energy mix has reached a pivotal moment. Therefore, opportunities are abundant in the energy sector.
Air Products and Chemicals released strong Q3 2024 results, exceeding EPS guidance and confirming a positive outlook. Recent transactions and agreements show APD's liquidation value and growth potential. A strong balance sheet with a growing DPS and a positive EPS trajectory make APD a buy.