Citigroup Issues Positive Forecast for Air Products and Chemicals (NYSE:APD) Stock Price

Air Products and Chemicals (NYSE:APD) had its price target lifted by research analysts at Citigroup from $245.00 to $272.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the basic materials company’s stock. Citigroup’s price objective would suggest a potential upside of 4.81% from the stock’s previous close.

Several other equities research analysts also recently issued reports on APD. Evercore ISI lowered their price objective on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 11th. Argus decreased their price target on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Air Products and Chemicals in a research report on Tuesday, December 9th. Wolfe Research reissued an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, December 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Air Products and Chemicals in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average price target of $293.80.

Air Products and Chemicals Stock Performance

APD stock traded up $1.35 during mid-day trading on Wednesday, reaching $259.53. 457,062 shares of the stock traded hands, compared to its average volume of 1,437,670. The firm has a market capitalization of $57.77 billion, a PE ratio of -146.02, a P/E/G ratio of 2.63 and a beta of 0.87. The business has a 50-day moving average of $253.56 and a two-hundred day moving average of $269.94. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $341.14. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share 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 business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter in the previous year, the firm earned $3.56 EPS. The firm’s revenue 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, equities analysts predict that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Institutional Trading of Air Products and Chemicals

Large investors have recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the 4th quarter worth approximately $25,000. Traub Capital Management LLC acquired a new stake in Air Products and Chemicals during the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Air Products and Chemicals during the 2nd quarter valued at $28,000. Abound Wealth Management lifted its stake in shares of Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Finally, Westside Investment Management Inc. boosted its position in shares of Air Products and Chemicals by 228.1% in the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 73 shares during the last quarter. 81.66% of the stock is owned by institutional investors.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.