Air Products and Chemicals, Inc. (NYSE:APD) Receives $318.24 Consensus Target Price from Brokerages

Air Products and Chemicals, Inc. (NYSE:APD) has been given a consensus recommendation of “Moderate Buy” by the seventeen brokerages that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $323.1176.

APD has been the subject of a number of research analyst reports. BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective for the company in a report on Friday, May 1st. UBS Group boosted their price target on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Bank of America boosted their price target on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Morgan Stanley boosted 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.

Insider Activity

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’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 completion of the sale, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were 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 owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.88% of the company’s stock.

Institutional Investors Weigh In On Air Products and Chemicals

Large investors have recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new position in shares of Air Products and Chemicals in the 1st quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its position in shares of Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after buying an additional 70 shares during the last quarter. Main Street Group LTD purchased a new position in shares of Air Products and Chemicals in the 1st quarter worth approximately $27,000. Holos Integrated Wealth LLC purchased a new position in shares of Air Products and Chemicals in the 4th quarter worth approximately $25,000. Finally, Richardson Financial Services Inc. grew its position in shares of Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.2%

Shares of APD opened at $295.52 on Friday. Air Products and Chemicals has a 1-year low of $229.11 and a 1-year high of $307.29. The company has a 50-day moving average of $289.84 and a 200 day moving average of $270.03. The firm has a market capitalization of $65.81 billion, a price-to-earnings ratio of 31.27, a PEG ratio of 2.59 and a beta of 0.77. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter last year, the business posted $2.69 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. 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. On average, research analysts expect that Air Products and Chemicals will post 13.2 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be issued a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is currently 76.61%.

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.