Air Products and Chemicals (NYSE:APD – Free Report) had its price objective decreased by UBS Group from $350.00 to $310.00 in a research note issued to investors on Friday,Benzinga reports. UBS Group currently has a buy rating on the basic materials company’s stock.
A number of other equities research analysts have also recently weighed in on APD. Argus raised Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Royal Bank Of Canada cut their price objective on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Friday. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Air Products and Chemicals in a research 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $315.83.
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Air Products and Chemicals Stock Up 0.3%
Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the firm posted $3.56 EPS. 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. Equities research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Air Products and Chemicals
Several institutional investors have recently added to or reduced their stakes in APD. Brighton Jones LLC lifted its holdings in shares of Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after purchasing an additional 412 shares in the last quarter. Bison Wealth LLC acquired a new stake in Air Products and Chemicals in the 4th quarter valued at approximately $245,000. Leavell Investment Management Inc. raised its position in Air Products and Chemicals by 2.2% in the 1st quarter. Leavell Investment Management Inc. now owns 4,885 shares of the basic materials company’s stock valued at $1,441,000 after buying an additional 105 shares during the last quarter. Cerity Partners LLC lifted its stake in Air Products and Chemicals by 19.6% in the 1st quarter. Cerity Partners LLC now owns 169,140 shares of the basic materials company’s stock valued at $49,883,000 after acquiring an additional 27,764 shares in the last quarter. Finally, Ramsay Stattman Vela & Price Inc. boosted its position in Air Products and Chemicals by 6.5% during the 1st quarter. Ramsay Stattman Vela & Price Inc. now owns 16,818 shares of the basic materials company’s stock worth $4,960,000 after acquiring an additional 1,025 shares during the last quarter. 81.66% of the stock is owned by institutional investors.
Air Products and Chemicals Company Profile
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.
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