Air Products and Chemicals (NYSE:APD) Price Target Cut to $310.00 by Analysts at UBS Group

Air Products and Chemicals (NYSE:APD) had its price objective dropped by stock analysts at UBS Group from $350.00 to $310.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the basic materials company’s stock. UBS Group’s price objective points to a potential upside of 20.41% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on APD. Mizuho set a $300.00 target price on Air Products and Chemicals in a research note on Friday. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. The Goldman Sachs Group set a $335.00 target price on Air Products and Chemicals in a research report on Wednesday, October 1st. Finally, Citigroup reduced their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average target price of $322.08.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock traded down $1.34 during mid-day trading on Friday, reaching $257.46. The company’s stock had a trading volume of 597,186 shares, compared to its average volume of 1,255,032. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Air Products and Chemicals has a twelve month low of $235.55 and a twelve month high of $341.14. The business has a 50 day moving average price of $269.64 and a 200-day moving average price of $278.05. The firm has a market cap of $57.30 billion, a price-to-earnings ratio of 37.05, a PEG ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period last year, the firm posted $3.56 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. Sell-side analysts predict that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. West Oak Capital LLC boosted its holdings in shares of Air Products and Chemicals by 12.2% during the second quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock worth $3,050,000 after purchasing an additional 1,180 shares during the period. Chapin Davis Inc. raised its holdings in shares of Air Products and Chemicals by 16.1% during the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after purchasing an additional 1,551 shares in the last quarter. Revisor Wealth Management LLC lifted its stake in shares of Air Products and Chemicals by 110.4% in the 2nd quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock valued at $966,000 after purchasing an additional 1,713 shares during the last quarter. Norden Group LLC increased its position in Air Products and Chemicals by 167.3% during the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 3,630 shares during the last quarter. Finally, Aberdeen Group plc raised its holdings in Air Products and Chemicals by 4.1% during the second quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after buying an additional 4,492 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

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.