Air Products and Chemicals (NYSE:APD) Stock Gets Price Target Bump from Royal Bank Of Canada

Air Products and Chemicals (NYSE:APD) had its target price boosted by Royal Bank Of Canada from $346.00 to $359.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada‘s target price would suggest a potential upside of 16.42% from the company’s previous close.

Several other equities analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Mizuho upped their price target on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, October 27th. Argus raised their price objective on Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Finally, KeyCorp began coverage on Air Products and Chemicals in a report on Thursday, September 10th. They issued a “sector weight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $334.24.

Air Products and Chemicals Stock Down 0.4%

NYSE:APD traded down $1.11 during trading hours on Friday, hitting $308.38. 314,630 shares of the stock traded hands, compared to its average volume of 1,262,141. The firm has a 50 day moving average price of $294.95 and a 200 day moving average price of $290.69. The firm has a market cap of $68.67 billion, a price-to-earnings ratio of -1,402.69, a PEG ratio of 3.00 and a beta of 0.67. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $324.00. 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 announced its quarterly earnings data on Thursday, November 5th. The basic materials company reported $3.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.61. The business had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.33 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. Air Products and Chemicals’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the company earned $3.39 earnings per share. Equities research analysts anticipate that Air Products and Chemicals will post 13.46 earnings per share for the current year.

Hedge Funds Weigh In On Air Products and Chemicals

A number of institutional investors have recently made changes to their positions in APD. Gamco Investors INC. ET AL increased its position in Air Products and Chemicals by 0.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock worth $1,147,000 after buying an additional 35 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. boosted its position in shares of Air Products and Chemicals by 46.1% in the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 111 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 35 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of Air Products and Chemicals by 10.4% in the third quarter. SBI Securities Co. Ltd. now owns 382 shares of the basic materials company’s stock valued at $106,000 after acquiring an additional 36 shares during the period. Baader Bank Aktiengesellschaft grew its stake in shares of Air Products and Chemicals by 0.7% in the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 37 shares during the last quarter. Finally, Northcape Wealth Management LLC raised its stake in Air Products and Chemicals by 0.4% during the 2nd quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock valued at $2,566,000 after purchasing an additional 37 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals News Summary

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

• Positive Sentiment: Adjusted Q4 EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, ahead of the $3.33 billion estimate. The company cited higher volumes and pricing, with strong Americas performance. Article: APD Q4 Earnings Beat on Higher Volumes, Sales Top Estimates
• Positive Sentiment: Management forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above fiscal 2026’s $13.45, implying continued earnings growth. It also reported more than $2 billion in new electronics business wins and lower fiscal 2026 capital spending. Article: Air Products Reports Fiscal 2026 Results and Provides Fiscal 2027 Guidance
• Positive Sentiment: Mizuho raised its price target to $360 from $355 and maintained an Outperform rating, adding a favorable analyst view. Article: Mizuho Raises Price Target
• Neutral Sentiment: A separate valuation analysis suggested APD could be about 8% undervalued; this is an estimate, not a company forecast. Article: Air Products Could Be 8% Undervalued Following Annual Results
• Negative Sentiment: Project-exit charges, primarily tied to two China coal-gasification plants, substantially depressed GAAP results: fiscal 2026 GAAP EPS was $2.39 versus adjusted EPS of $13.45. These charges may temper investor confidence despite stronger underlying performance. Article: Fiscal 2026 Results

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.