Air Products and Chemicals, Inc. (NYSE:APD) Given Average Rating of “Moderate Buy” by Analysts

Air Products and Chemicals, Inc. (NYSE:APD) has been given a consensus recommendation of “Moderate Buy” by the seventeen brokerages that are covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $332.7647.

A number of research analysts recently commented on APD shares. Citigroup raised their price objective 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. Bank of America increased their price target on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. 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. BMO Capital Markets raised Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a research note on Friday, May 1st. Finally, Royal Bank Of Canada upped their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th.

Air Products and Chemicals Price Performance

Shares of NYSE APD opened at $308.86 on Tuesday. The stock has a market cap of $68.78 billion, a P/E ratio of -1,403.92, a P/E/G ratio of 2.68 and a beta of 0.73. The firm’s 50-day simple moving average is $293.47 and its 200 day simple moving average is $289.30. 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 quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the prior year, the firm posted $3.09 EPS. Air Products and Chemicals’s revenue 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. Equities analysts expect that Air Products and Chemicals will post 13.45 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, November 9th. Shareholders of record on Thursday, October 1st will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Hedge Funds Weigh In On Air Products and Chemicals

Several hedge funds have recently made changes to their positions in the business. Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals during the first quarter worth approximately $25,000. Fiduciary Financial Advisors acquired a new position in Air Products and Chemicals in the second quarter worth approximately $25,000. Cornerstone Planning Group LLC increased its holdings in shares of Air Products and Chemicals by 318.2% in the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after buying an additional 70 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of Air Products and Chemicals during the 1st quarter valued at $27,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Air Products and Chemicals during the 4th quarter valued at $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

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.