Seaport Res Ptn Issues Pessimistic Forecast for APD Earnings

Air Products and Chemicals, Inc. (NYSE:APD) – Equities researchers at Seaport Res Ptn decreased their Q1 2026 earnings per share (EPS) estimates for shares of Air Products and Chemicals in a research note issued to investors on Wednesday, May 7th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will earn $3.14 per share for the quarter, down from their prior forecast of $3.22. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.69 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals’ Q2 2026 earnings at $3.02 EPS, Q3 2026 earnings at $3.21 EPS and Q4 2026 earnings at $3.67 EPS.

Several other brokerages also recently issued reports on APD. JPMorgan Chase & Co. reissued a “neutral” rating and set a $320.00 price objective (down previously from $345.00) on shares of Air Products and Chemicals in a research report on Friday, February 7th. BNP Paribas raised Air Products and Chemicals to a “strong-buy” rating in a research report on Tuesday, February 11th. Bank of America downgraded shares of Air Products and Chemicals from a “neutral” rating to an “underperform” rating and cut their target price for the company from $330.00 to $282.00 in a research note on Tuesday, April 15th. StockNews.com cut shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Friday, February 7th. Finally, Sanford C. Bernstein upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $375.00 target price on the stock in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $330.38.

Air Products and Chemicals Trading Up 0.5 %

NYSE APD opened at $271.05 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.11 and a quick ratio of 0.96. The firm has a market cap of $60.32 billion, a P/E ratio of 15.74, a P/E/G ratio of 3.07 and a beta of 0.88. The stock’s 50-day moving average is $279.33 and its 200-day moving average is $301.67. Air Products and Chemicals has a one year low of $243.69 and a one year high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, May 1st. The basic materials company reported $2.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.14). The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.94 billion. Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.85 EPS.

Institutional Investors Weigh In On Air Products and Chemicals

Several large investors have recently modified their holdings of the company. Parvin Asset Management LLC bought a new position in Air Products and Chemicals during the fourth quarter worth $715,000. SG Americas Securities LLC grew its holdings in shares of Air Products and Chemicals by 106.3% in the fourth quarter. SG Americas Securities LLC now owns 13,494 shares of the basic materials company’s stock valued at $3,914,000 after acquiring an additional 6,952 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Air Products and Chemicals by 59.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 374,442 shares of the basic materials company’s stock valued at $111,488,000 after purchasing an additional 139,223 shares during the period. Wedge Capital Management L L P NC purchased a new stake in Air Products and Chemicals during the fourth quarter worth about $7,269,000. Finally, Diversify Wealth Management LLC increased its stake in shares of Air Products and Chemicals by 88.2% during the 4th quarter. Diversify Wealth Management LLC now owns 10,490 shares of the basic materials company’s stock worth $3,074,000 after purchasing an additional 4,916 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Wilbur Mok sold 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $315.88, for a total value of $410,644.00. Following the completion of the transaction, the insider now owns 3,193 shares of the company’s stock, valued at $1,008,604.84. This represents a 28.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Melissa N. Schaeffer sold 3,233 shares of Air Products and Chemicals stock in a transaction on Monday, February 10th. The stock was sold at an average price of $307.32, for a total transaction of $993,565.56. Following the transaction, the chief financial officer now owns 10,680 shares in the company, valued at approximately $3,282,177.60. This trade represents a 23.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,000 shares of company stock worth $3,423,034. Corporate insiders own 0.41% 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.