Air Products and Chemicals (NYSE:APD) Stock Price Down 6.3% – Here’s What Happened

Shares of Air Products and Chemicals, Inc. (NYSE:APD) were down 6.3% during trading on Monday . The company traded as low as $247.28 and last traded at $244.2270. Approximately 235,322 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 1,247,036 shares. The stock had previously closed at $260.69.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. Wells Fargo & Company reduced their price objective on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Evercore ISI lowered their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday, November 11th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Air Products and Chemicals in a report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average target price of $313.85.

Air Products and Chemicals Price Performance

The firm has a 50-day simple moving average of $256.22 and a 200-day simple moving average of $275.79. The firm has a market cap of $51.45 billion, a P/E ratio of -129.86, a PEG ratio of 2.32 and a beta of 0.86. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same period in the previous year, the company posted $3.56 EPS. The business’s revenue for the quarter was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -402.25%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Saudi Central Bank purchased a new position in Air Products and Chemicals in the first quarter worth $26,000. Traub Capital Management LLC purchased a new position in Air Products and Chemicals during the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in Air Products and Chemicals during the 2nd quarter worth $28,000. Abound Wealth Management increased its position in Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after buying an additional 76 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in Air Products and Chemicals by 228.1% in the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after buying an additional 73 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

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.