Air Products and Chemicals (NYSE:APD) Updates Q4 2026 Earnings Guidance

Air Products and Chemicals (NYSE:APD) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.550-3.650 for the period, compared to the consensus estimate of 3.520. The company issued revenue guidance of -. Air Products and Chemicals also updated its FY 2026 guidance to 13.390-13.490 EPS.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Bank of America boosted their price target on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Berenberg Bank set a $350.00 target price on Air Products and Chemicals and gave the company a “buy” rating in a research report on Monday, April 20th. JPMorgan Chase & Co. increased their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Morgan Stanley lifted their price target on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $358.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $331.76.

Air Products and Chemicals Stock Performance

APD stock opened at $295.74 on Friday. The firm has a market cap of $65.86 billion, a PE ratio of -1,344.27, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. The company has a current ratio of 1.08, a quick ratio of 1.21 and a debt-to-equity ratio of 1.01. The stock has a 50-day moving average price of $289.73 and a 200-day moving average price of $286.69. Air Products and Chemicals has a 1-year low of $229.11 and a 1-year high of $314.87.

Air Products and Chemicals (NYSE:APD) last released 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 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 analysts’ expectations of $3.20 billion. During the same quarter last year, the firm posted $3.09 earnings per share. The firm’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. As a group, equities research analysts expect that Air Products and Chemicals will post 13.44 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a $1.81 dividend. 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 dividend payout ratio (DPR) is presently 76.61%.

Trending Headlines about Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Air Products reported fiscal Q3 adjusted EPS of $3.47, above the roughly $3.34–$3.36 analyst consensus, as higher on-site volumes, pricing and favorable currency effects supported results. Adjusted operating income reached $810 million. Air Products Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $13.39–$13.49 from its prior outlook and issued fourth-quarter guidance of $3.55–$3.65, both above consensus expectations. UBS lifted its price target to $336 while maintaining a neutral rating, and Mizuho raised its target to $355 with an outperform rating. Air Products Stock Surges After Strong Profit Growth, Raised Guidance
• Neutral Sentiment: Air Products is reducing fiscal 2026 capital expenditures to approximately $3.5 billion and is refocusing its project portfolio after exiting the Louisiana Clean Energy Complex, an Arizona liquid-hydrogen facility and other smaller clean-energy projects. The company also finalized a renewable-ammonia marketing agreement tied to the NEOM Green Hydrogen Project. Air Products Projects Fiscal 2026 EPS While Cutting Capital Expenditures
• Negative Sentiment: Revenue of $3.16 billion missed the $3.20 billion estimate, despite increasing 4.6% year over year. More significantly, GAAP results showed a $6.47 loss per share and a $2.1 billion operating loss, driven by charges related to project and asset actions, creating a major headline risk and likely contributing to the stock’s decline after its initial earnings-related strength. Air Products Swings to Third-Quarter Loss After Project Exits

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in APD. Mcguire Capital Advisors Inc. purchased a new stake in Air Products and Chemicals in the 4th quarter valued at about $25,000. Meeder Asset Management Inc. purchased a new position in Air Products and Chemicals in the fourth quarter worth $25,000. Motiv8 Investments LLC bought a new position in Air Products and Chemicals in the 4th quarter valued at $26,000. Acumen Wealth Advisors LLC purchased a new stake in shares of Air Products and Chemicals during the 4th quarter valued at $28,000. Finally, Ankerstar Wealth LLC purchased a new position in shares of Air Products and Chemicals in the 4th quarter worth about $30,000. 81.66% of the stock is owned by institutional investors.

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.