Air Products and Chemicals (NYSE:APD) Issues FY 2026 Earnings Guidance

Air Products and Chemicals (NYSE:APD) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 12.850-13.150 for the period, compared to the consensus EPS estimate of 12.890. The company issued revenue guidance of -. Air Products and Chemicals also updated its Q1 2026 guidance to 2.950-3.100 EPS.

Air Products and Chemicals Price Performance

Shares of APD stock opened at $259.50 on Friday. The stock’s 50-day moving average is $268.94 and its 200 day moving average is $278.07. Air Products and Chemicals has a 1-year low of $235.55 and a 1-year high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The company has a market cap of $57.75 billion, a P/E ratio of 37.34, a PEG ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating the consensus estimate 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 business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same period in the prior year, the firm 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. Research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on APD. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. JPMorgan Chase & Co. decreased their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Friday. Citigroup dropped their target price on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Royal Bank Of Canada reduced their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus target price of $315.83.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of APD. Nikko Asset Management Americas Inc. increased its holdings in shares of Air Products and Chemicals by 5.7% during the 2nd quarter. Nikko Asset Management Americas Inc. now owns 10,742 shares of the basic materials company’s stock valued at $3,029,000 after purchasing an additional 578 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Air Products and Chemicals by 0.3% in the second quarter. CANADA LIFE ASSURANCE Co now owns 130,826 shares of the basic materials company’s stock valued at $36,935,000 after buying an additional 426 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Air Products and Chemicals by 1.7% in the second quarter. Tower Research Capital LLC TRC now owns 8,117 shares of the basic materials company’s stock worth $2,289,000 after acquiring an additional 138 shares during the period. MUFG Securities EMEA plc purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter worth about $185,000. Finally, U S Wealth Group LLC. grew its position in shares of Air Products and Chemicals by 3.3% during the 2nd quarter. U S Wealth Group LLC. now owns 8,398 shares of the basic materials company’s stock valued at $2,369,000 after acquiring an additional 265 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

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.