Air Products and Chemicals, Inc. (NYSE:APD) Receives Average Rating of “Moderate Buy” from Analysts

Air Products and Chemicals, Inc. (NYSE:APD) has been given a consensus rating of “Moderate Buy” by the seventeen brokerages that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $336.5294.

Several brokerages have recently issued reports on APD. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. 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. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a report on Friday, July 31st. Finally, Royal Bank Of Canada lifted their target price on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th.

Air Products and Chemicals Trading Down 0.7%

NYSE APD opened at $295.49 on Friday. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87. The firm has a 50 day moving average of $301.38 and a two-hundred day moving average of $292.73. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $65.80 billion, a PE ratio of -1,343.12, a price-to-earnings-growth ratio of 3.00 and a beta of 0.75.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the firm earned $3.09 earnings per share. Air Products and Chemicals’s quarterly revenue was up 4.6% on a year-over-year basis. 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. As a group, research analysts expect that Air Products and Chemicals will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.5%. Air Products and Chemicals’s payout ratio is -3,290.91%.

Institutional Investors Weigh In On Air Products and Chemicals

Several large investors have recently modified their holdings of APD. Brighton Jones LLC increased its holdings in shares of Air Products and Chemicals by 14.5% in the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after acquiring an additional 412 shares during the period. Bison Wealth LLC purchased a new stake in shares of Air Products and Chemicals in the fourth quarter valued at about $245,000. Sei Investments Co. boosted its stake in shares of Air Products and Chemicals by 197.6% during the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock worth $79,498,000 after buying an additional 187,142 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of Air Products and Chemicals by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock worth $29,271,000 after buying an additional 2,171 shares during the period. Finally, Diversify Advisory Services LLC grew its holdings in shares of Air Products and Chemicals by 52.5% during the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock worth $1,873,000 after buying an additional 2,229 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.