Air Products and Chemicals, Inc. (NYSE:APD) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Air Products and Chemicals, with 10 buy ratings, six holds and one strong buy. The average 12-month price target is approximately $332.76, above the reported $307.61 share price.
• The company exceeded quarterly earnings expectations, reporting EPS of $3.47 versus the $3.34 consensus, while revenue rose 4.6% year over year to $3.16 billion. Management issued fiscal 2026 EPS guidance of $13.39–$13.49.
• Air Products announced a quarterly dividend of $1.81 per share, equivalent to $7.24 annually and a 2.4% yield. Institutional investors and hedge funds own approximately 81.66% of the company’s shares.

Air Products and Chemicals, Inc. (NYSE:APD - Get Free Report) has earned an average recommendation of "Moderate Buy" from the seventeen analysts that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $332.7647.

Several research firms have recently issued reports on APD. Sanford C. Bernstein reissued an "outperform" rating and issued a $373.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 31st. Weiss Ratings downgraded shares of Air Products and Chemicals from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 31st. Royal Bank Of Canada increased their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an "outperform" rating in a research report on Thursday, August 6th. Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the company a "buy" rating in a research note on Monday, April 20th. Finally, Wells Fargo & Company upped their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st.

Hedge Funds Weigh In On Air Products and Chemicals

Several hedge funds have recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Air Products and Chemicals by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company's stock worth $121,909,000 after buying an additional 23,760 shares during the period. Assetmark Inc. boosted its holdings in shares of Air Products and Chemicals by 4.9% in the fourth quarter. Assetmark Inc. now owns 135,947 shares of the basic materials company's stock worth $33,582,000 after buying an additional 6,342 shares during the period. Castle Rock Wealth Management LLC purchased a new position in shares of Air Products and Chemicals in the fourth quarter worth approximately $1,649,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Air Products and Chemicals by 22.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,511 shares of the basic materials company's stock valued at $10,007,000 after acquiring an additional 7,485 shares during the period. Finally, Staley Capital Advisers Inc. raised its holdings in shares of Air Products and Chemicals by 108.2% during the fourth quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company's stock valued at $35,579,000 after acquiring an additional 74,868 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $307.61 on Tuesday. The firm's 50 day moving average is $291.48 and its two-hundred day moving average is $288.25. The firm has a market capitalization of $68.50 billion, a P/E ratio of -1,398.23, a PEG ratio of 2.64 and a beta of 0.73. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued 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. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the firm posted $3.09 earnings per share. The business's 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. Analysts anticipate that Air Products and Chemicals will post 13.45 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be issued 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 2.4%. Air Products and Chemicals's payout ratio is presently -3,290.91%.

Air Products and Chemicals Company Profile

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.

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