Air Products and Chemicals (NYSE:APD) Rating Lowered to Sell at Wall Street Zen

Air Products and Chemicals (NYSE:APD) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

A number of other analysts have also recently weighed in on APD. Citigroup lowered their price objective 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. Wells Fargo & Company dropped their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Mizuho set a $300.00 price target on shares of Air Products and Chemicals in a research note on Friday, November 7th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average price target of $298.47.

Air Products and Chemicals Stock Performance

APD stock opened at $244.99 on Friday. Air Products and Chemicals has a one year low of $229.11 and a one year high of $341.14. The firm has a market cap of $54.53 billion, a price-to-earnings ratio of -137.63, a PEG ratio of 2.39 and a beta of 0.85. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The firm has a 50-day simple moving average of $253.95 and a two-hundred day simple moving average of $274.94.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same quarter in the previous year, the business posted $3.56 EPS. Air Products and Chemicals’s revenue 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 and its FY 2026 guidance at 12.850-13.150 EPS. On average, equities analysts forecast that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Air Products and Chemicals

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares in the last quarter. Bison Wealth LLC purchased a new position in shares of Air Products and Chemicals in the 4th quarter valued at about $245,000. Caitong International Asset Management Co. Ltd boosted its holdings in Air Products and Chemicals by 3,560.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 183 shares of the basic materials company’s stock worth $54,000 after buying an additional 178 shares in the last quarter. Aberdeen Group plc grew its position in Air Products and Chemicals by 70.1% during the first quarter. Aberdeen Group plc now owns 108,535 shares of the basic materials company’s stock worth $31,701,000 after buying an additional 44,713 shares during the period. Finally, Ethic Inc. grew its position in Air Products and Chemicals by 0.8% during the first quarter. Ethic Inc. now owns 15,694 shares of the basic materials company’s stock worth $4,605,000 after buying an additional 127 shares during the period. 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.