Q4 Earnings Estimate for APD Issued By KeyCorp

Key Points

• KeyCorp estimates Air Products and Chemicals will report fourth-quarter fiscal 2026 earnings of $3.63 per share and forecasts fiscal 2028 earnings of $14.45 per share. The firm maintains a “Sector Weight” rating.
• APD’s latest quarterly results exceeded expectations, with EPS of $3.47 versus the $3.34 consensus, while revenue rose 4.6% year over year to $3.16 billion but fell short of estimates.
• Wall Street’s average rating is “Moderate Buy”, with an average price target of $336.53. The company also declared a quarterly dividend of $1.81, equating to $7.24 annually and a 2.5% yield.

Air Products and Chemicals, Inc. (NYSE:APD - Free Report) - Equities researchers at KeyCorp issued their Q4 2026 earnings estimates for shares of Air Products and Chemicals in a research report issued to clients and investors on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the basic materials company will post earnings per share of $3.63 for the quarter. KeyCorp has a "Sector Weight" rating on the stock. The consensus estimate for Air Products and Chemicals' current full-year earnings is $13.46 per share. KeyCorp also issued estimates for Air Products and Chemicals' FY2028 earnings at $14.45 EPS.

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 EPS for the quarter, topping the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period last year, the company earned $3.09 EPS. The firm's revenue was up 4.6% compared to the same quarter last year. 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.

Several other brokerages have also recently weighed in on APD. Citigroup boosted their price objective on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Weiss Ratings downgraded Air Products and Chemicals from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 31st. Mizuho upped their price target on Air Products and Chemicals from $345.00 to $355.00 and gave the company an "outperform" rating in a research report on Friday, July 31st. 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. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $336.53.

Air Products and Chemicals Price Performance

APD stock opened at $291.70 on Monday. The company has a market capitalization of $64.96 billion, a P/E ratio of -1,325.90, a PEG ratio of 2.94 and a beta of 0.75. The company has a fifty day moving average price of $300.55 and a 200-day moving average price of $292.88. 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 52-week low of $229.11 and a 52-week high of $314.87.

Institutional Trading of Air Products and Chemicals

A number of large investors have recently bought and sold shares of APD. Evolution Wealth Management Inc. bought a new stake in shares of Air Products and Chemicals during the 1st quarter valued at about $25,000. Fiduciary Financial Advisors acquired a new stake in Air Products and Chemicals during the second quarter worth approximately $25,000. Cornerstone Planning Group LLC increased its holdings in Air Products and Chemicals by 318.2% in the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company's stock worth $28,000 after purchasing an additional 70 shares in the last quarter. Main Street Group LTD acquired a new position in Air Products and Chemicals in the first quarter valued at approximately $27,000. Finally, Lloyd Advisory Services LLC. acquired a new position in Air Products and Chemicals in the fourth quarter valued at approximately $25,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

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 $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.5%. Air Products and Chemicals's payout ratio is presently -3,290.91%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.

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