Core Insights - Goldman Sachs has added four new stocks to its Conviction List, which are expected to have double-digit upside potential and three of which offer reliable dividends [4][5][6]. Group 1: Goldman Sachs Conviction List - The Conviction List is a curated selection of stocks that Goldman Sachs analysts believe will outperform the market, focusing on themes like artificial intelligence and sustainability [2][4]. - The four new stocks added in October are Abbott Laboratories, Air Products and Chemicals, Hershey, and Madison Square Garden Entertainment [5][6]. Group 2: Stock Details - **Abbott Laboratories**: Offers a 1.74% dividend with a target price of $157, indicating a potential 17% gain [7][8]. - **Air Products and Chemicals**: Provides a 2.63% dividend and has a target price of $335, suggesting a 23% upside [9][15]. - **Hershey**: Features a 2.82% dividend with a target price of $222, representing a potential 19% gain [16][20]. - **Madison Square Garden Entertainment**: A live entertainment company with a target price of $52, indicating a 15% upside [21][23].

Group 1 - The article promotes a live video series called the Underdog Daily Dividend Show, which features potential portfolio candidates for investors [1] - The show is hosted by Fredrik Arnold and takes place every trading day on Facebook, focusing on dividend stocks [1] - The article encourages audience engagement by inviting comments on favorite or curious stock tickers for future reports [1]

Group 1 - Air Products Transportation (Beijing) Co., Ltd. received a fine of RMB 2,000 for failing to produce a hazardous goods waybill as required by regulations [1] - This is the fifth penalty the company has faced this year for the same violation, with previous fines amounting to RMB 3,500 each [1][6] - The company is a wholly-owned subsidiary of Air Products (China) Investment Co., Ltd., which serves various industries including refining, chemicals, metals, electronics, manufacturing, and food [6] Group 2 - Air Products (China) Investment Co., Ltd. has a market value exceeding USD 60 billion and reported sales of USD 12.1 billion, employing over 20,000 people globally [6] - The company was established in 2006 and is registered with a capital of USD 1 million [7] - The legal representative of the company is Li Shusheng, and it is located in Tongzhou District, Beijing [7]

Core Insights - Air Products and Chemicals Inc. is a global leader in industrial gases and related applications, serving various industries including refining, chemicals, metals, electronics, and food and beverage [1] Financial Performance - The company is set to report its Q4 2025 earnings on November 6, with analysts expecting an EPS of $3.40, a decrease from $3.56 in the same period last year [2] - Quarterly revenue for Q4 2025 is anticipated to be $3.20 billion, slightly up from $3.19 billion a year earlier [2] - In Q3 2025, Air Products reported an adjusted EPS of $3.09, surpassing the consensus estimate of $2.98, and revenues of $3.02 billion, exceeding the consensus of $2.96 billion [3] Guidance and Expectations - The CEO highlighted solid quarterly results that exceeded guidance and were higher than the previous year, excluding the impact of an LNG sale [4] - The company has revised its full-year 2025 adjusted EPS guidance to a range of $11.90 to $12.10, with Q4 2025 adjusted EPS expected between $3.27 and $3.47 [4] Dividend Information - Air Products and Chemicals has a dividend yield of 2.64%, having paid $7.16 per share in dividends over the last 12 months [2] - To generate an income of $100 per month from dividends, an investment of approximately $45,455 is required, based on the current dividend yield [5][6]

Core Insights - Investors in the Chemical - Diversified sector should consider Johnson Matthey PLC (JMPLY) and Air Products and Chemicals (APD) for potential value opportunities [1] Valuation Metrics - JMPLY has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while APD has a Zacks Rank of 4 (Sell) [3] - JMPLY's forward P/E ratio is 13.08, significantly lower than APD's forward P/E of 20.33 [5] - JMPLY has a PEG ratio of 2.93, compared to APD's PEG ratio of 5.45, suggesting JMPLY is more reasonably priced relative to its expected earnings growth [5] - JMPLY's P/B ratio is 1.59, while APD's P/B ratio is 3.29, indicating JMPLY is undervalued compared to its book value [6] - Based on these metrics, JMPLY earns a Value grade of A, whereas APD receives a Value grade of C [6] Conclusion - JMPLY is positioned as the superior value option due to its solid earnings outlook and favorable valuation metrics compared to APD [7]

Core Viewpoint - Air Products is set to hold a conference call on November 6, 2025, to discuss its fiscal 2025 fourth quarter financial results, which will be accessible to the public and media in listen-only mode [1]. Company Overview - Air Products (NYSE: APD) is a leading industrial gases company with over 80 years of operation, focusing on energy, environmental, and emerging markets to promote a cleaner future [3]. - The company supplies essential industrial gases and related equipment to various industries, including refining, chemicals, metals, electronics, manufacturing, medical, and food [3]. - As the top global supplier of hydrogen, Air Products is involved in developing and operating some of the largest clean hydrogen projects, aiding the transition to low- and zero-carbon energy [3]. Financial Performance - In fiscal 2024, Air Products reported sales of $12.1 billion from operations across approximately 50 countries [4]. - The company currently has a market capitalization of about $60 billion [4].

Core Insights - Air Products will showcase its high-quality gases and technologies for the lithium-ion battery industry at the Battery Show North America from October 6-9, 2025 [1][4] - The company supports the entire lithium-ion battery supply chain, providing a range of high-purity gases with a reliability rate of 99.95% [2][3] Company Overview - Air Products is a leading industrial gases company with over 80 years of experience, focusing on energy, environmental, and emerging markets [5] - The company reported fiscal 2024 sales of $12.1 billion and has a market capitalization exceeding $60 billion [6]

Core Insights - Air Products and Chemicals, Inc. (APD) is leveraging its project investments, productivity initiatives, and new business deals despite challenges from a sluggish Chinese economy and reduced helium demand [1][7] - The company has faced project cancellations and the divestment of its liquefied natural gas (LNG) business, which are expected to negatively impact performance [1][8] Investment and Growth Strategies - APD is well-positioned to benefit from investments in high-return industrial gas projects and productivity measures, focusing on its gasification strategy and executing growth projects that are expected to enhance earnings and cash flows [2][3] - Major projects include the NEOM green hydrogen project in Saudi Arabia, expected to start production in 2027, and the Louisiana Clean Energy Complex, anticipated to commence in 2028 or 2029 [3][4] Productivity and Cost Management - The company is implementing productivity actions to improve its cost structure, with expected productivity benefits of at least $75 million in fiscal 2025 and annual savings of $185-$195 million from global cost-reduction plans [5][6] - Air Products is also focused on improving pricing strategies in an inflationary environment [5] Financial Performance and Shareholder Returns - The board of Air Products increased its quarterly dividend to $1.79 per share, marking the 43rd consecutive year of dividend increases, with an operating cash flow of approximately $2 billion for the nine months ending June 30, 2025 [6] - The company updated its full-year adjusted earnings per share guidance for fiscal 2025 to a range of $11.90 to $12.10, with fourth-quarter expectations between $3.27 and $3.47 [9] Market Challenges - A slower economic recovery in China and lower helium demand are significant concerns, with no material improvement expected in the near term [7] - The cancellation of several large projects is projected to create a 3% year-over-year headwind in full-year fiscal 2025, while the divestment of the LNG business is expected to result in a 4% headwind [8]

Core Insights - Air Products will showcase innovations in industrial gas supply and glass melting technologies at the 86th Conference on Glass Problems in Toledo, Ohio, from October 6-8, 2025 [1][2] Group 1: Conference Highlights - Technologies to be showcased include oxygen enrichment, oxy-fuel combustion, waste heat recovery, and smart technologies aimed at increasing glass production, reducing fuel consumption, enhancing glass quality, and minimizing emissions [2] - Air Products will host an exhibit and hospitality event on October 6 and 7, where the company will donate $100 for each visitor to the Ceramic & Glass Industry Foundation, up to a total of $15,000 [3] - The Glass Manufacturing Industry Council will present the Women in Glass Award, sponsored by Air Products, recognizing women's excellence in the glass industry [4] Group 2: Technical Presentation - Air Products' experts will present on "Glass Defect Reduction in the Tin Bath" using sensors, automation, and AI to improve glass quality and manufacturing on October 8 [5] Group 3: Company Overview - Air Products is a leading industrial gases company with over 80 years of operation, focusing on energy, environmental, and emerging markets [7] - The company reported fiscal 2024 sales of $12.1 billion and has a market capitalization exceeding $60 billion [8]

On 10/1/25, Air Products & Chemicals will trade ex-dividend, for its quarterly dividend of $1.79, payable on 11/10/25. As a percentage of APD's recent stock price of $266.78, this dividend works out to approximately 0.67%, so look for shares of Air Products & Chemicals Inc to trade 0.67% lower — all else being equal — when APD shares open for trading on 10/1/25. 10 Stocks Going Ex-Dividend »Below is a dividend history chart for APD, showing historical dividends prior to the most recent $1.79 declared by Air ...