Air Products and Chemicals (NYSE:APD) Updates Q4 2026 Earnings Guidance

Air Products and Chemicals (NYSE:APD) updated its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.550-3.650 for the period, compared to the consensus estimate of 3.520. The company issued revenue guidance of -. Air Products and Chemicals also updated its FY 2026 guidance to 13.390-13.490 EPS.

Wall Street Analysts Forecast Growth

APD has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, May 4th. Bank of America boosted their price objective on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 target price for the company in a report on Friday, May 1st. Citigroup increased their target price on Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Finally, Evercore reissued an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.88.

Air Products and Chemicals Stock Performance

Shares of NYSE APD traded up $5.48 during midday trading on Thursday, reaching $299.75. The company had a trading volume of 1,614,320 shares, compared to its average volume of 1,360,815. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The business’s 50-day simple moving average is $289.40 and its 200 day simple moving average is $286.38. Air Products and Chemicals has a 1 year low of $229.11 and a 1 year high of $314.87. The stock has a market cap of $66.75 billion, a P/E ratio of 31.72, a P/E/G ratio of 2.66 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the business posted $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, analysts forecast that Air Products and Chemicals will post 13.22 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, November 9th. Shareholders of record on Thursday, October 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently 76.61%.

Insider Buying and Selling

In other Air Products and Chemicals news, 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 completion of the transaction, the chief financial officer owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.88% of the company’s stock.

Key Air Products and Chemicals News

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Adjusted EPS was $3.47, above the $3.34–$3.36 analyst consensus and up from $3.09 a year earlier. Higher on-site volumes, pricing and favorable currency contributed to the outperformance. APD Q3 Earnings Beat on Volume Growth, Sales Miss Estimates
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $13.39–$13.49, above the $13.22 consensus, and provided fourth-quarter guidance of $3.55–$3.65, also exceeding estimates. Air Products Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Adjusted operating income reached $810 million, while the company highlighted electronics-sector growth through a long-term Taiwan agreement covering air separation units, bulk gas systems and pipelines. Air Products Stock Surges After Strong Profit Growth, Raised Guidance
• Neutral Sentiment: Revenue increased 4.6% year over year to $3.16 billion, but missed the $3.20 billion estimate. The company also expects fiscal 2026 capital expenditures of approximately $3.5 billion. Air Products Earnings Report
• Negative Sentiment: GAAP results showed a $6.47 loss per share and a $2.1 billion operating loss, largely due to charges from business and asset actions. Air Products also abandoned the Louisiana Clean Energy Complex, an Arizona zero-carbon liquid hydrogen facility and other smaller clean-energy projects, which may raise concerns about execution and growth prospects. Air Products Reports Fiscal 2026 Third Quarter Results

Hedge Funds Weigh In On Air Products and Chemicals

Hedge funds have recently bought and sold shares of the business. Mcguire Capital Advisors Inc. acquired a new stake in Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Meeder Asset Management Inc. acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC purchased a new position in shares of Air Products and Chemicals during the 4th quarter valued at approximately $26,000. Acumen Wealth Advisors LLC acquired a new stake in Air Products and Chemicals in the 4th quarter valued at $28,000. Finally, Ankerstar Wealth LLC acquired a new position in Air Products and Chemicals during the fourth quarter worth $30,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

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.