Analysts Set Air Products and Chemicals, Inc. (NYSE:APD) Target Price at $293.80

Air Products and Chemicals, Inc. (NYSE:APD) has received a consensus recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $293.80.

A number of research firms have issued reports on APD. UBS Group downgraded shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday, December 29th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $250.00 price objective (down from $330.00) on shares of Air Products and Chemicals in a research report on Friday, December 19th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Air Products and Chemicals in a research note on Tuesday, December 9th. Finally, Citigroup boosted their target price on Air Products and Chemicals from $245.00 to $272.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st.

Institutional Investors Weigh In On Air Products and Chemicals

Large investors have recently made changes to their positions in the business. Financial Connections Group Inc. grew its position in Air Products and Chemicals by 46.7% during the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after buying an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC boosted its stake in Air Products and Chemicals by 1.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after acquiring an additional 35 shares during the last quarter. YANKCOM Partnership grew its position in shares of Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after acquiring an additional 35 shares during the period. Atlatl Advisers LLC increased its stake in shares of Air Products and Chemicals by 2.5% during the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after purchasing an additional 37 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of Air Products and Chemicals by 7.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after purchasing an additional 37 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Price Performance

APD stock opened at $261.09 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The business has a 50-day simple moving average of $253.64 and a two-hundred day simple moving average of $269.33. The company has a market capitalization of $58.12 billion, a P/E ratio of -146.68, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. Air Products and Chemicals has a 52-week low of $229.11 and a 52-week high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data 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. The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $3.56 earnings per share. 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. Research analysts expect that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be given a $1.79 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 2.7%. Air Products and Chemicals’s payout ratio is currently -402.25%.

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.