Air Products and Chemicals, Inc. (NYSE:APD) Stock Has Consensus Price Target of $333.88

Key Points

• Analysts rate Air Products and Chemicals “Moderate Buy,” with 10 buy, 7 hold and 2 strong-buy recommendations. The average 12-month price target is $333.88, although several firms recently lowered their targets.
• APD recently traded at $307.28, with a market capitalization of $68.43 billion. Its latest quarterly earnings of $3.47 per share exceeded estimates, while revenue of $3.16 billion fell slightly short of expectations.
• The company declared a quarterly dividend of $1.81, equivalent to $7.24 annually and a 2.4% yield. Institutional investors own approximately 81.66% of the outstanding shares.

Air Products and Chemicals, Inc. (NYSE:APD - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the nineteen brokerages that are covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $333.88.

Several brokerages recently issued reports on APD. KeyCorp started coverage on shares of Air Products and Chemicals in a research report on Thursday, September 10th. They set a "sector weight" rating for the company. Royal Bank Of Canada reduced their price objective on Air Products and Chemicals from $360.00 to $346.00 and set an "outperform" rating for the company in a research note on Thursday, October 15th. Weiss Ratings cut Air Products and Chemicals from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 31st. Morgan Stanley set a $320.00 target price on Air Products and Chemicals in a research report on Monday, August 3rd. Finally, UBS Group cut their price target on Air Products and Chemicals from $336.00 to $305.00 and set a "neutral" rating for the company in a report on Monday, October 5th.

Air Products and Chemicals Stock Down 0.3%

Air Products and Chemicals stock opened at $307.28 on Friday. The stock has a market cap of $68.43 billion, a PE ratio of -1,396.72, a price-to-earnings-growth ratio of 2.89 and a beta of 0.76. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. Air Products and Chemicals has a one year low of $229.11 and a one year high of $314.87. The stock has a fifty day moving average of $293.49 and a 200 day moving average of $293.71.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts' consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. Air Products and Chemicals's revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.09 earnings per share. 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. As a group, sell-side analysts predict that Air Products and Chemicals will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 8th. Stockholders of record on Monday, January 4th will be paid a $1.81 dividend. The ex-dividend date of this dividend is Monday, January 4th. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals's dividend payout ratio (DPR) is -3,290.91%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in APD. IRON Financial LLC purchased a new position in Air Products and Chemicals during the third quarter worth about $245,000. Valley National Advisers Inc. lifted its position in shares of Air Products and Chemicals by 0.7% during the 3rd quarter. Valley National Advisers Inc. now owns 7,802 shares of the basic materials company's stock valued at $2,171,000 after acquiring an additional 51 shares during the period. Radnor Capital Management LLC lifted its position in shares of Air Products and Chemicals by 45.1% during the 3rd quarter. Radnor Capital Management LLC now owns 6,375 shares of the basic materials company's stock valued at $1,774,000 after acquiring an additional 1,981 shares during the period. Citizens Financial Group Inc. RI lifted its position in shares of Air Products and Chemicals by 3.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 4,318 shares of the basic materials company's stock valued at $1,201,000 after acquiring an additional 153 shares during the period. Finally, Simplicity Wealth LLC boosted its stake in shares of Air Products and Chemicals by 4.9% during the 3rd quarter. Simplicity Wealth LLC now owns 1,250 shares of the basic materials company's stock worth $348,000 after acquiring an additional 58 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.

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