Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Air Products Faces Activist Challenge as Mantle Ridge Demands Board Overhaul and Slams CEO

December 17, 2024
Air Products and Chemicals Inc. (APD) is facing a major challenge from activist investor Mantle Ridge, which is demanding a complete overhaul of the company's board and criticizing the CEO's leadership. In a definitive proxy statement filed with the Securities and Exchange Commission, Mantle Ridge highlighted the company's material underperformance, misguided capital allocation strategy, and succession failures. The investment firm argues that these issues have hindered the company's growth and shareholder value. As a result, World Investment Advisors LLC has boosted its stake in APD, a move that signals investor confidence in the potential turnaround of the company. To get a professional prognosis on the future movement of APD's stock, investors are recommended to consult Stocks Prognosis, the experts in stock predictions.

Find out how the AIR PRODUCTS AND CHEMICALS, INC. rate is expected to change

Get Forecast for APD

Investor opinions & comments:

I wonder what specific actions Mantle Ridge is proposing to address the company's underperformance and capitalize on its potential turnaround. This could be a crucial turning point for APD's shareholders
— from HenryMurphy at 12-20-2024 20:38
Increased investor confidence is positive, but it's important to keep in mind that turnarounds take time. We should closely monitor the company's actions and progress before jumping to conclusions
— from SadieColeman at 12-19-2024 08:43
Before making any conclusions about the company's future, it's crucial to thoroughly analyze the proposed changes to the board. Will the new members have the necessary expertise and vision to guide APD towards success?
— from CashCathy at 12-19-2024 06:34
This is a very interesting development. I'm curious to see if Mantle Ridge's demands for a complete board overhaul will be met and how it will impact the future of Air Products and Chemicals Inc
— from WealthyWhitney at 12-19-2024 04:10
It's encouraging to see that World Investment Advisors LLC has increased its stake in APD. This suggests that there may be optimism among investors regarding the company's prospects for improvement
— from IsaacPerry at 12-18-2024 23:16
While Mantle Ridge points out the company's underperformance, it's essential to consider external factors that might have influenced this, such as market conditions or industry challenges. It's not fair to put all the blame on the CEO's leadership
— from JuliaStanley at 12-18-2024 04:02
If you want to leave a comment, then you need Login or Register





Other news for APD

APDApril 4, 2025QuantWave Achieves 10.68% Profit Target Forecast for AIR PRODUCTS AND CHEMICALS, INC.  ~1 min.

On April 2, 2025, QuantWave, an automated forecasting platform, successfully predicted a short signal for AIR PRODUCTS AND CHEMICALS, INC. with a price target of 263....

APDMarch 22, 2025Air Products and Chemicals: The Rising Star in Hydrogen Industry  ~2 min.

In recent years, the demand for clean and sustainable energy sources has been steadily rising. One company that has emerged as a leader in this field is Air Products and Chemicals, Inc. (NYSE: APD)....

APDMarch 21, 2025Is Air Products and Chemicals APD The Best Industrial Dividend Stock to Invest in Now?  ~2 min.

Investors searching for a reliable dividend stock with solid growth potential should consider Air Products and Chemicals Inc. (APD)....

APDMarch 19, 2025Air Products and Chemicals Develops Smart Tech Solutions for Efficient Seafood Processing  ~1 min.

Air Products and Chemicals, a leading industrial gases and chemicals company, has introduced innovative smart tech solutions to enhance seafood processing efficiency....

APDMarch 15, 2025Air Products and Chemicals Inc.’s Stock Remains Strong Despite Recent Slide, Analysts Say  ~2 min.

Despite recent declines in Air Products and Chemicals Inc.'s (NYSE: APD) stock, experts believe that the company's fundamentals remain strong....



Related news

APDDecember 14, 2024Air Products and Chemicals Inc. Faces Activist Challenge, Calls for Board Overhaul  ~2 min.

Air Products and Chemicals Inc. (NYSE: APD) is facing a significant challenge from activist investor Mantle Ridge, who is demanding a complete overhaul of the company's board and criticizing the CEO....

APDDecember 24, 2024Activist Mantle Ridge Slams Air Products Leadership Demands Board Overhaul After Years of Underperformance  ~1 min.

Activist investment firm Mantle Ridge has publicly criticized the leadership of APD Air Products and Chemicals, Inc....

APDDecember 15, 2024Air Products Faces 1.3B Activist Challenge as Mantle Ridge Calls for Board Overhaul and Criticizes CEO  ~1 min.

Air Products and Chemicals Inc. (APD) is currently facing a significant challenge from activist investor Mantle Ridge, which has filed a definitive proxy statement and sent a letter to APD shareholders....

APDDecember 20, 2024Mantle Ridge Demands Board Overhaul at Air Products and Chemicals Inc.  ~2 min.

Activist investor Mantle Ridge released an extensive investor presentation calling for a complete board overhaul at Air Products and Chemicals Inc. (NYSE:APD)....

APDDecember 20, 2024Mantle Ridge Calls for Overhaul of Air Products Leadership  ~2 min.

Activist investor Mantle Ridge has sharply criticized the leadership of Air Products and Chemicals Inc. (APD) and is demanding a complete overhaul of the company's board....