Investment Analysts’ Weekly Ratings Updates for Air Products and Chemicals (APD)

A number of research firms have changed their ratings and price targets for Air Products and Chemicals (NYSE: APD):

• 5/5/2026 – Air Products and Chemicals had its price target raised by Morgan Stanley from $290.00 to $310.00. They now have an “equal weight” rating on the stock.
• 5/5/2026 – Air Products and Chemicals had its price target raised by Royal Bank Of Canada from $338.00 to $341.00. They now have an “outperform” rating on the stock.
• 5/4/2026 – Air Products and Chemicals was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 5/4/2026 – Air Products and Chemicals had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $315.00 price target on the stock.
• 5/1/2026 – Air Products and Chemicals had its price target raised by UBS Group AG from $307.00 to $316.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Air Products and Chemicals was given a new $345.00 price target by Mizuho.
• 5/1/2026 – Air Products and Chemicals was upgraded by BMO Capital Markets from “market perform” to “outperform”. They now have a $360.00 price target on the stock.
• 5/1/2026 – Air Products and Chemicals had its price target raised by JPMorgan Chase & Co. from $310.00 to $330.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – Air Products and Chemicals had its price target raised by Wells Fargo & Company from $325.00 to $340.00. They now have an “overweight” rating on the stock.
• 4/24/2026 – Air Products and Chemicals had its price target raised by Royal Bank Of Canada from $325.00 to $338.00. They now have an “outperform” rating on the stock.
• 4/21/2026 – Air Products and Chemicals had its price target raised by Bank of America Corporation from $280.00 to $303.00. They now have a “neutral” rating on the stock.
• 4/20/2026 – Air Products and Chemicals was given a new $350.00 price target by Berenberg Bank. They now have a “buy” rating on the stock.
• 4/20/2026 – Air Products and Chemicals was upgraded by Berenberg Bank from “hold” to “strong-buy”.
• 4/13/2026 – Air Products and Chemicals had its price target raised by Citigroup Inc. from $285.00 to $315.00. They now have a “neutral” rating on the stock.
• 4/9/2026 – Air Products and Chemicals had its price target raised by UBS Group AG from $285.00 to $307.00. They now have a “neutral” rating on the stock.
• 3/20/2026 – Air Products and Chemicals was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”. They now have a $310.00 price target on the stock, up from $280.00.
• 3/13/2026 – Air Products and Chemicals was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $325.00 price target on the stock, up from $270.00.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is 76.19%.

Insider Buying and Selling at Air Products and Chemicals

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

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.