Analysts Set Air Products and Chemicals, Inc. (NYSE:APD) Price Target at $318.24

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have received an average recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $323.1176.

A number of research firms recently weighed in on APD. Weiss Ratings upgraded shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday. Bank of America increased their price objective on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Mizuho set a $345.00 price objective on shares of Air Products and Chemicals in a research note on Friday. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, February 2nd.

Insider Activity

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.88% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new position in shares of Air Products and Chemicals during the 1st quarter valued at approximately $25,000. Holos Integrated Wealth LLC bought a new position in shares of Air Products and Chemicals during the 4th quarter valued at approximately $25,000. Richardson Financial Services Inc. grew its position in shares of Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 97 shares during the period. Lloyd Advisory Services LLC. bought a new position in shares of Air Products and Chemicals during the 4th quarter valued at approximately $25,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Air Products and Chemicals during the 4th quarter valued at approximately $25,000. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Trading Up 1.9%

APD opened at $303.94 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $307.29. The firm has a market capitalization of $67.68 billion, a PE ratio of 32.16, a P/E/G ratio of 2.72 and a beta of 0.77. The company’s 50-day moving average is $289.17 and its 200 day moving average is $269.40.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the business posted $2.69 EPS. The firm’s revenue was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. As a group, research analysts predict that Air Products and Chemicals will post 13.13 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be paid a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

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.