Air Products and Chemicals, Inc. (NYSE:APD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have been given a consensus recommendation of “Moderate Buy” by the seventeen analysts that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $323.1176.

A number of brokerages recently issued reports on APD. BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, May 4th. Wells Fargo & Company increased their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Finally, Citigroup increased their price objective on Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a report on Monday, April 13th.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.88% of the stock is owned by insiders.

Hedge Funds Weigh In On Air Products and Chemicals

Hedge funds have recently bought and sold shares of the company. Holos Integrated Wealth LLC bought a new stake in Air Products and Chemicals during the fourth quarter valued at $25,000. Richardson Financial Services Inc. raised its position in shares of Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Air Products and Chemicals in the 4th quarter valued at about $25,000. Evolution Wealth Management Inc. bought a new stake in shares of Air Products and Chemicals during the 1st quarter valued at about $25,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Air Products and Chemicals during the 4th quarter valued at about $25,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.7%

Shares of NYSE APD opened at $277.95 on Monday. The stock has a market capitalization of $61.89 billion, a P/E ratio of 29.41, a PEG ratio of 2.45 and a beta of 0.74. The stock’s fifty day moving average is $289.66 and its 200 day moving average is $277.75. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $307.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.69 earnings per share. 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. Sell-side analysts forecast that Air Products and Chemicals will post 13.23 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Air Products and Chemicals Company Profile

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.