Air Products and Chemicals (NYSE:APD) Issues FY 2026 Earnings Guidance

Air Products and Chemicals (NYSE:APD) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 13.390-13.490 for the period, compared to the consensus estimate of 13.220. The company issued revenue guidance of -. Air Products and Chemicals also updated its Q4 2026 guidance to 3.550-3.650 EPS.

Analyst Upgrades and Downgrades

A number of research analysts have commented on APD shares. Evercore reiterated an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. Morgan Stanley raised their price target on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. UBS Group boosted their price objective on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. BMO Capital Markets raised 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 research note on Friday, May 1st. Finally, JPMorgan Chase & Co. raised 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. One equities research 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $326.88.

Air Products and Chemicals Trading Up 0.7%

NYSE APD opened at $294.96 on Thursday. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The stock has a 50 day simple moving average of $289.40 and a two-hundred day simple moving average of $286.38. The stock has a market cap of $65.68 billion, a P/E ratio of 31.21, a price-to-earnings-growth ratio of 2.66 and a beta of 0.73.

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 (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.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. On average, analysts forecast that Air Products and Chemicals will post 13.22 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently 76.61%.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction on 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 transaction, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.88% of the company’s stock.

Hedge Funds Weigh In On Air Products and Chemicals

Institutional investors have recently bought and sold shares of the stock. Viking Global Investors LP purchased a new stake in Air Products and Chemicals in the second quarter worth about $607,601,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Air Products and Chemicals by 644.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock worth $281,258,000 after acquiring an additional 892,793 shares during the period. Invesco Ltd. raised its position in shares of Air Products and Chemicals by 31.2% in the 3rd quarter. Invesco Ltd. now owns 1,880,652 shares of the basic materials company’s stock worth $512,891,000 after acquiring an additional 447,724 shares in the last quarter. HRT Financial LP bought a new position in shares of Air Products and Chemicals in the 4th quarter worth approximately $109,351,000. Finally, State Street Corp lifted its stake in shares of Air Products and Chemicals by 3.7% in the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock valued at $2,448,340,000 after purchasing an additional 352,012 shares during the period. 81.66% of the stock is owned by institutional investors.

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.