Air Products and Chemicals, Inc. (NYSE:APD) Given Average Rating of “Moderate Buy” by Analysts

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have earned an average rating of “Moderate Buy” from the seventeen research firms that are currently covering the firm, MarketBeat.com reports. Six equities 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 twelve-month price objective among brokers that have covered the stock in the last year is $332.7647.

APD has been the subject of a number of recent analyst reports. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Sanford C. Bernstein reissued an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 31st. Citigroup boosted their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Bank of America upped their target price on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. raised their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a report on Friday, May 1st.

Hedge Funds Weigh In On Air Products and Chemicals

A number of hedge funds and other institutional investors have recently bought and sold shares of APD. Brighton Jones LLC raised its position in shares of Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after buying an additional 412 shares in the last quarter. Bison Wealth LLC purchased a new position in Air Products and Chemicals in the fourth quarter worth $245,000. Sei Investments Co. increased its stake in Air Products and Chemicals by 197.6% in the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock valued at $79,498,000 after acquiring an additional 187,142 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in Air Products and Chemicals by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after acquiring an additional 2,171 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its position in Air Products and Chemicals by 52.5% during the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock valued at $1,873,000 after purchasing an additional 2,229 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

APD stock opened at $300.68 on Tuesday. The firm has a 50 day moving average of $293.96 and a 200-day moving average of $289.79. The firm has a market capitalization of $66.96 billion, a P/E ratio of -1,366.73, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $314.87. 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 (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $3.20 billion. During the same quarter in the prior year, the firm posted $3.09 EPS. Air Products and Chemicals’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, sell-side analysts predict that Air Products and Chemicals will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently disclosed 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. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

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.