Air Products and Chemicals, Inc. (NYSE:APD) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have been assigned an average rating of “Moderate Buy” from the eighteen research firms that are covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $336.62.

APD has been the subject of several recent research reports. Argus lifted their price objective on Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a report on Wednesday, September 9th. Mizuho increased their price target on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Wells Fargo & Company boosted their target price on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. Finally, Citigroup raised their target price on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a research note on Friday, July 31st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Planning Strategies Inc. lifted its position in Air Products and Chemicals by 10.7% in the third quarter. Planning Strategies Inc. now owns 393 shares of the basic materials company’s stock valued at $109,000 after purchasing an additional 38 shares during the last quarter. Versant Capital Management Inc boosted its stake in Air Products and Chemicals by 277.2% during the third quarter. Versant Capital Management Inc now owns 5,216 shares of the basic materials company’s stock worth $1,427,000 after acquiring an additional 3,833 shares in the last quarter. Stonebridge Financial Group LLC lifted its holdings in shares of Air Products and Chemicals by 3.2% during the third quarter. Stonebridge Financial Group LLC now owns 17,229 shares of the basic materials company’s stock valued at $4,794,000 after purchasing an additional 531 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Air Products and Chemicals by 1,378.1% during the second quarter. QRG Capital Management Inc. now owns 111,479 shares of the basic materials company’s stock valued at $30,502,000 after acquiring an additional 103,937 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Air Products and Chemicals by 1,846.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 84,945 shares of the basic materials company’s stock worth $23,203,000 after purchasing an additional 80,580 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Price Performance

Shares of APD opened at $277.98 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The business’s fifty day moving average is $295.87 and its 200 day moving average is $293.35. Air Products and Chemicals has a 12-month low of $229.11 and a 12-month high of $314.87. The stock has a market cap of $61.90 billion, a P/E ratio of -1,263.56, a P/E/G ratio of 2.61 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $3.20 billion. During the same period in the previous year, the company earned $3.09 earnings per share. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. 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. Sell-side analysts anticipate that Air Products and Chemicals will post 13.46 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.