文章核心观点 - 公司将于2024年11月7日发布2024财年第四季度财务业绩 [1] - 公司是一家全球领先的工业气体公司,专注于为能源、环境和新兴市场提供服务,拥有80多年的历史 [2] - 公司的业务包括提供工业气体、相关设备和应用专业知识,以及开发、工程、建造、拥有和运营全球最大的清洁氢能项目 [2] - 公司2023财年销售额为126亿美元,目前市值约600亿美元,拥有约23,000名员工 [3] 公司概况 - 公司成立80多年,是一家全球领先的工业气体公司 [2] - 公司业务包括提供工业气体、相关设备和应用专业知识,以及开发、工程、建造、拥有和运营全球最大的清洁氢能项目 [2] - 公司2023财年销售额为126亿美元,目前市值约600亿美元 [3] - 公司拥有约23,000名员工 [3] 业务概况 - 公司的工业气体业务为众多行业(包括炼油、化工、金属、电子、制造和食品等)提供必需的工业气体、相关设备和应用专业知识 [2] - 公司还开发、工程、建造、拥有和运营全球最大的清洁氢能项目,支持重型运输和工业领域向低碳和零碳能源过渡 [2] - 公司还提供涡轮机、膜系统和低温容器等产品和服务 [2]

多策略对冲基金D.E. Shaw相关情况 - D.E. Shaw已积累约10亿美元工业气体巨头空气产品公司（Air Products and Chemicals）的股份，这是该价值710亿美元公司的第二个积极投资者股份[1] - D.E. Shaw称私下与空气产品公司接触的努力大多被拒绝，且存在“明显缺乏紧迫感”的情况[1] - D.E. Shaw计划提名三名董事进入空气产品公司董事会[1] 空气产品公司相关情况 - 空气产品公司开展了一些数十亿美元的大型氢气项目，没有任何有保证的现金流，D.E. Shaw认为这偏离了公司和行业的常态，是导致其业绩低于历史平均水平和同行的因素之一，而CEO Ghasemi一直捍卫这种策略[2] - 空气产品公司CEO Ghasemi已80岁，D.E. Shaw像Mantle Ridge和许多分析师一样，指出公司缺乏继任计划并且给予CEO Ghasemi慷慨的合同，质疑公司董事会是否充分管理继任流程[3] - 空气产品公司拒绝对积极投资者的参与发表评论[3]

Reiterates the Need for the Board to Engage in Proper Succession Planning and Insist on a More Rigorous Capital Allocation Policy NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The D. E. Shaw group, a global investment and technology development firm with more than $60 billion in investment capital and a history of working with companies to help build long-term value, today sent an open letter to the Board of Directors of Air Products and Chemicals, Inc. (NYSE: APD) (the "Company" or "APD") calling for changes aim ...

文章核心观点 - 空气产品和化学品(APD)股价在最近一个交易日上涨9.5%,收于每股312.69美元 [1] - 这主要是由于活跃投资者Mantle Ridge大量增持了公司股份,并计划推动公司进行战略调整,包括CEO Seifi Ghasemi的继任计划以及资本配置和公司战略的改善 [1] - 该公司预计在即将公布的季度财报中每股收益为3.46美元,同比增长9.8%,但收入预计为31.9亿美元,同比下降0.1% [1] 根据相关目录分别进行总结 业绩表现 - 公司预计本季度每股收益为3.46美元,同比增长9.8% [1] - 但收入预计为31.9亿美元,同比下降0.1% [1] 行业动态 - 公司所属的化工多元行业中,另一家公司Dow Inc.最近一个交易日股价下跌1.3%,收于每股54.62美元 [2] - Dow Inc.预计本季度每股收益为0.53美元,同比增长10.4% [3] 投资评级 - 空气产品和化学品目前的Zacks评级为3级(持有) [2] - Dow Inc.目前的Zacks评级为5级(强烈卖出) [3]

Air Products & Chemicals (APD, Financial) shares surged by 7.93% recently following the news of a significant activist investment. Mantle Ridge, an investment firm, has acquired over $1 billion in shares and plans to advocate for strategic changes at the company.Despite Air Products & Chemicals (APD, Financial) showing a positive price movement with its shares currently priced at $308.14, the company has underperformed in comparison to its competitor Linde over the past three years. This underperformance is ...

An activist investor has taken a stake in the industrial gases company.A high-profile activist investment firm has reportedly built a large stake in Air Products & Chemicals (APD 7.62%) and plans to push for changes at the industrial gas manufacturer. Investors are excited about the news, which came out Friday afternoon. As of 11 a.m. ET Monday, Air Products shares were up by 8% from Friday's close.Questions about succession, capital allocationAir Products distributes essential gases to industrial and medic ...

文章核心观点 - 对冲基金Mantle Ridge最近购买了价值10亿美元的Air Products(APD)股票,作为一名积极投资者,Mantle Ridge希望通过自身的参与来帮助Air Products实现更好的发展,而不是仅仅依赖于政府规则或基本气体价格波动等外部因素[1] - Mantle Ridge在影响公司做出积极变革方面有一定历史,他们拥有经验丰富的团队,对公司治理、基本面分析和行业趋势有深入的了解[1] 公司相关 - 目前还没有关于Mantle Ridge参与后取得重大成功的公开记录,Mantle Ridge的参与可能很有前景,但并不能保证他们的努力一定会成功,Air Products的未来表现还有待观察[2] 行业相关 - 气体行业受政府规则和基本价格波动的影响较大,Mantle Ridge希望通过自身的参与来帮助Air Products实现更好的发展,而不是仅仅依赖于这些外部因素[1]

Air Products and Chemicals, Inc.’s (APD) shares hit a fresh 52-week high of $302.03 on Friday, before retracing to close the session at $300.36.APD has rallied 23.4% over the past six months, outperforming its industry’s 3.5% rise. It has also topped the S&P 500’s roughly 26.1% rise over the same period. Image Source: Zacks Investment ResearchLet’s take a look into the factors that are driving APD stock.High-return Projects & Productivity Actions Drive APD StockAir Products is gaining from its investments i ...

Strategic divestiture reflects Air Products' commitment to its industrial gases and clean hydrogen growth strategyAll related assets, intellectual property, manufacturing capability, and personnel have successfully transferred to HoneywellLEHIGH VALLEY, Pa., Sept. 30, 2024 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has completed the sale of its liquefied natural gas (LNG) process technology and equipment business to Honeywell for $1.81 billion in cash. First announced in July 2024, closing ...

Air Products and Chemicals, Inc.’s (APD) shares have shot up 21.2% over the past six months. The company has also outperformed its industry’s rise of 0.1% over the same time frame. APD has also topped the S&P 500’s roughly 9.2% rise over the same period.Let’s take a look into the factors that are driving APD stock. Image Source: Zacks Investment ResearchAPD Gains on High-return Projects & Productivity ActionsAir Products is benefiting from its investments in high-return industrial gas projects and productiv ...