JPMorgan Chase & Co. Issues Pessimistic Forecast for Air Products and Chemicals (NYSE:APD) Stock Price

Air Products and Chemicals (NYSE:APD) had its price target decreased by equities research analysts at JPMorgan Chase & Co. from $275.00 to $260.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 0.19% from the company’s current price.

APD has been the subject of several other reports. Mizuho set a $300.00 target price on Air Products and Chemicals in a research report on Friday. UBS Group lowered their price objective on Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a research report on Friday. Royal Bank Of Canada cut their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday. Wells Fargo & Company dropped their price target on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $315.83.

Air Products and Chemicals Price Performance

Shares of APD traded up $0.71 during midday trading on Friday, hitting $259.50. The company’s stock had a trading volume of 1,659,121 shares, compared to its average volume of 1,257,063. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. Air Products and Chemicals has a one year low of $235.55 and a one year high of $341.14. The stock has a market capitalization of $57.75 billion, a price-to-earnings ratio of 37.34, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. The company’s fifty day simple moving average is $269.64 and its two-hundred day simple moving average is $278.05.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.18 billion. During the same quarter last year, the business posted $3.56 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts expect that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Saudi Central Bank purchased a new position in shares of Air Products and Chemicals in the 1st quarter worth approximately $26,000. Cheviot Value Management LLC bought a new stake in Air Products and Chemicals during the first quarter worth $27,000. Traub Capital Management LLC purchased a new position in Air Products and Chemicals in the second quarter worth $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter valued at $28,000. Finally, Abound Wealth Management raised its stake in shares of Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 76 shares during the period. 81.66% of the stock is owned by institutional investors.

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.