Air Products and Chemicals (NYSE:APD) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Key Points

• Royal Bank of Canada raised its price target on Air Products to $341 and kept an outperform rating, implying roughly a 13.6% upside
• Air Products beat quarterly estimates with $3.20 EPS (vs. $3.06 expected) and $3.17B revenue (vs. $3.07B), and issued FY2026 guidance of $13.00–$13.25 EPS and Q3 guidance of 3.25–3.35 EPS.
• Significant insider selling was reported (a director sold 70,175 shares and the CFO sold 2,714), leaving insider ownership at 1.88% while institutional investors hold about 81.66% of the stock.

Air Products and Chemicals (NYSE:APD - Get Free Report) had its price target hoisted by analysts at Royal Bank Of Canada from $338.00 to $341.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an "outperform" rating on the basic materials company's stock. Royal Bank Of Canada's price objective indicates a potential upside of 13.60% from the stock's current price.

Other research analysts have also issued reports about the company. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Jefferies Financial Group increased their target price on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a "buy" rating in a research report on Monday, February 2nd. BMO Capital Markets raised Air Products and Chemicals from a "market perform" rating to an "outperform" rating and set a $360.00 target price on the stock in a research report on Friday. JPMorgan Chase & Co. increased their target price on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Berenberg Bank set a $350.00 target price on Air Products and Chemicals and gave the stock a "buy" rating in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Air Products and Chemicals has an average rating of "Moderate Buy" and a consensus target price of $321.94.

Air Products and Chemicals Trading Up 0.6%

Shares of Air Products and Chemicals stock traded up $1.83 during trading hours on Tuesday, reaching $300.18. 102,727 shares of the company's stock were exchanged, compared to its average volume of 1,387,350. Air Products and Chemicals has a 52-week low of $229.11 and a 52-week high of $307.29. The firm has a market capitalization of $66.84 billion, a price-to-earnings ratio of 31.79, a price-to-earnings-growth ratio of 2.81 and a beta of 0.77. The company has a fifty day moving average of $288.71 and a 200-day moving average of $269.07. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts' consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the company posted $2.69 EPS. The business's revenue for the quarter was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Sell-side analysts forecast that Air Products and Chemicals will post 13.11 EPS for the current fiscal year.

Insider Activity

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Melissa N. Schaeffer sold 2,714 shares of the firm's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer owned 14,212 shares of the company's stock, valued at $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.88% of the company's stock.

Institutional Trading of Air Products and Chemicals

Several large investors have recently modified their holdings of APD. Holos Integrated Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the fourth quarter valued at about $25,000. Richardson Financial Services Inc. grew its stake in shares of Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company's stock valued at $25,000 after acquiring an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of Air Products and Chemicals during the fourth quarter valued at about $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Air Products and Chemicals during the first quarter valued at about $25,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Air Products and Chemicals during the fourth quarter valued at about $25,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

About Air Products and Chemicals

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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