Air Products and Chemicals (NYSE:APD) Price Target Raised to $280.00 at JPMorgan Chase & Co.

Air Products and Chemicals (NYSE:APD) had its price target raised by investment analysts at JPMorgan Chase & Co. from $260.00 to $280.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 2.73% from the company’s current price.

Several other equities analysts also recently weighed in on APD. UBS Group downgraded shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $310.00 to $250.00 in a research note on Thursday, December 11th. Sanford C. Bernstein reissued an “outperform” rating on shares of Air Products and Chemicals in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft set a $255.00 price target on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. Bank of America upgraded shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a research report on Thursday, January 8th. Finally, Jefferies Financial Group boosted their target price on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average price target of $292.33.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $272.56 on Monday. The company’s fifty day moving average price is $254.42 and its 200 day moving average price is $268.29. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. Air Products and Chemicals has a 1 year low of $229.11 and a 1 year high of $341.14. The company has a market capitalization of $60.67 billion, a PE ratio of -180.50, a price-to-earnings-growth ratio of 2.67 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The business had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the company posted $2.86 EPS. The business’s quarterly revenue was up 5.8% on a year-over-year basis. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Hedge Funds Weigh In On Air Products and Chemicals

A number of institutional investors and hedge funds have recently added to or reduced their stakes in APD. Brighton Jones LLC grew its position in 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 worth $945,000 after purchasing an additional 412 shares during the last quarter. Bison Wealth LLC purchased a new position in shares of Air Products and Chemicals during the fourth quarter worth about $245,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Air Products and Chemicals by 11.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,049 shares of the basic materials company’s stock valued at $8,194,000 after acquiring an additional 3,084 shares during the last quarter. Hilltop National Bank purchased a new position in shares of Air Products and Chemicals in the 2nd quarter valued at approximately $54,000. Finally, Simplicity Wealth LLC raised its stake in shares of Air Products and Chemicals by 128.2% during the second quarter. Simplicity Wealth LLC now owns 8,424 shares of the basic materials company’s stock worth $2,376,000 after purchasing an additional 4,733 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

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.