Air Products and Chemicals, Inc. (NYSE:APD) to Post FY2025 Earnings of $13.38 Per Share, Seaport Res Ptn Forecasts

Air Products and Chemicals, Inc. (NYSE:APD) – Research analysts at Seaport Res Ptn lowered their FY2025 earnings estimates for shares of Air Products and Chemicals in a report released on Wednesday, April 17th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings per share of $13.38 for the year, down from their prior estimate of $13.45. Seaport Res Ptn currently has a “Neutral” rating on the stock. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.38 per share.

A number of other research analysts have also recently commented on the stock. Bank of America raised shares of Air Products and Chemicals from a “neutral” rating to a “buy” rating and set a $264.00 target price on the stock in a research report on Thursday, February 15th. StockNews.com lowered shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a report on Sunday, April 14th. Morgan Stanley lowered their target price on Air Products and Chemicals from $285.00 to $240.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 7th. JPMorgan Chase & Co. cut their price target on Air Products and Chemicals from $295.00 to $270.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 6th. Finally, Barclays reduced their price target on Air Products and Chemicals from $260.00 to $245.00 and set an “equal weight” rating for the company in a report on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals has a consensus rating of “Hold” and an average price target of $276.36.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $233.03 on Friday. The firm has a market capitalization of $51.80 billion, a PE ratio of 22.24, a price-to-earnings-growth ratio of 2.52 and a beta of 0.81. Air Products and Chemicals has a one year low of $212.24 and a one year high of $307.71. The stock’s 50 day moving average price is $235.64 and its 200 day moving average price is $257.80. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.58 and a current ratio of 1.81.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Monday, February 5th. The basic materials company reported $2.82 EPS for the quarter, missing the consensus estimate of $3.00 by ($0.18). Air Products and Chemicals had a net margin of 18.82% and a return on equity of 16.84%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the business earned $2.64 earnings per share. The company’s revenue for the quarter was down 5.6% compared to the same quarter last year.

Institutional Trading of Air Products and Chemicals

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Air Products and Chemicals by 1.2% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 641,364 shares of the basic materials company’s stock valued at $155,383,000 after buying an additional 7,902 shares during the period. Saxon Interests Inc. boosted its stake in Air Products and Chemicals by 13.3% in the first quarter. Saxon Interests Inc. now owns 3,555 shares of the basic materials company’s stock valued at $861,000 after acquiring an additional 416 shares during the period. West Oak Capital LLC grew its holdings in shares of Air Products and Chemicals by 3.0% during the first quarter. West Oak Capital LLC now owns 8,981 shares of the basic materials company’s stock valued at $2,176,000 after purchasing an additional 265 shares during the last quarter. MV Capital Management Inc. raised its position in shares of Air Products and Chemicals by 1.8% during the 1st quarter. MV Capital Management Inc. now owns 11,079 shares of the basic materials company’s stock worth $2,684,000 after purchasing an additional 200 shares during the period. Finally, Capital Advisors Ltd. LLC raised its position in shares of Air Products and Chemicals by 6.2% during the 1st quarter. Capital Advisors Ltd. LLC now owns 1,013 shares of the basic materials company’s stock worth $245,000 after purchasing an additional 59 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Shareholders of record on Monday, April 1st will be issued a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Thursday, March 28th. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.75. Air Products and Chemicals’s payout ratio is currently 67.56%.

About Air Products and Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.