Air Products and Chemicals' (APD) "Hold (C)" Rating Reiterated at Weiss Ratings

Key Points

• Air Products and Chemicals (NYSE:APD) received a "hold (c)" rating from Weiss Ratings, while other firms like Wells Fargo and Royal Bank of Canada have issued{" "} overweight and outperform ratings respectively.
• Shares of APD recently traded down by 1.0%, with a current price of $268.16, and the stock has a market cap of $59.68 billion and a P/E ratio of 38.60.
• The company reported earnings of $3.09 EPS for the last quarter, surpassing the consensus estimate, and anticipates 12.69 EPS for the current year.

Air Products and Chemicals (NYSE:APD - Get Free Report)'s stock had its "hold (c)" rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other research firms have also recently weighed in on APD. Wells Fargo & Company raised their price objective on Air Products and Chemicals from $320.00 to $345.00 and gave the stock an "overweight" rating in a research report on Monday, July 14th. Royal Bank Of Canada initiated coverage on Air Products and Chemicals in a research note on Friday, June 13th. They set an "outperform" rating and a $355.00 price objective for the company. UBS Group cut their price target on Air Products and Chemicals from $354.00 to $350.00 and set a "buy" rating for the company in a research note on Monday. Wall Street Zen upgraded Air Products and Chemicals from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Citigroup lowered their price objective on Air Products and Chemicals from $325.00 to $308.00 and set a "buy" rating on the stock in a report on Monday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $330.00.

Air Products and Chemicals Trading Down 1.0%

Shares of NYSE APD traded down $2.73 during midday trading on Wednesday, hitting $268.16. The company's stock had a trading volume of 414,195 shares, compared to its average volume of 1,239,258. Air Products and Chemicals has a 12-month low of $243.69 and a 12-month high of $341.14. The firm has a market cap of $59.68 billion, a P/E ratio of 38.60, a price-to-earnings-growth ratio of 5.63 and a beta of 0.83. The business's 50 day moving average is $286.24 and its two-hundred day moving average is $281.39. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company had revenue of $3.02 billion for the quarter, compared to analysts' expectations of $2.95 billion. During the same quarter in the prior year, the firm earned $3.20 earnings per share. Air Products and Chemicals's revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. As a group, equities research analysts expect that Air Products and Chemicals will post 12.69 EPS for the current year.

Insider Buying and Selling at Air Products and Chemicals

In related news, VP Victoria Brifo sold 1,359 shares of the business's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the transaction, the vice president owned 8,686 shares in the company, valued at approximately $2,539,612.68. The trade was a 13.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.41% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Wayfinding Financial LLC purchased a new position in Air Products and Chemicals during the first quarter worth about $25,000. Saudi Central Bank purchased a new position in Air Products and Chemicals in the first quarter valued at about $26,000. Cheviot Value Management LLC purchased a new position in Air Products and Chemicals in the first quarter valued at about $27,000. Traub Capital Management LLC purchased a new position in Air Products and Chemicals in the second quarter valued at about $28,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in Air Products and Chemicals in the second quarter valued at about $28,000. 81.66% of the stock is owned by hedge funds and other 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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