Air Products and Chemicals (NYSE:APD) Posts Earnings Results, Beats Estimates By $0.01 EPS

Air Products and Chemicals (NYSE:APD) announced its quarterly earnings data on Thursday. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01, Zacks reports. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The firm’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $3.56 EPS. Air Products and Chemicals updated its Q1 2026 guidance to 2.950-3.100 EPS and its FY 2026 guidance to 12.850-13.150 EPS.

Air Products and Chemicals Price Performance

Shares of APD traded up $21.08 during mid-day trading on Thursday, hitting $258.64. 4,254,458 shares of the stock were exchanged, compared to its average volume of 1,258,184. The company has a market cap of $57.56 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81. Air Products and Chemicals has a 52-week low of $235.55 and a 52-week high of $341.14. The firm has a 50-day moving average of $269.64 and a two-hundred day moving average of $278.05. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Citigroup lowered their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Argus upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Finally, Mizuho lifted their price objective on shares of Air Products and Chemicals from $310.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and a consensus price target of $330.00.

Institutional Trading of Air Products and Chemicals

Several hedge funds have recently modified their holdings of APD. MUFG Securities EMEA plc purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter worth approximately $185,000. Man Group plc purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter worth approximately $203,000. Bison Wealth LLC purchased a new stake in Air Products and Chemicals during the 4th quarter valued at $245,000. Florida Financial Advisors LLC raised its holdings in Air Products and Chemicals by 18.4% during the 2nd quarter. Florida Financial Advisors LLC now owns 973 shares of the basic materials company’s stock valued at $275,000 after buying an additional 151 shares during the period. Finally, Lantern Wealth Advisors LLC purchased a new stake in Air Products and Chemicals during the 2nd quarter valued at $282,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.