Brokerages Set Air Products and Chemicals, Inc. (NYSE:APD) Price Target at $323.12

Air Products and Chemicals, Inc. (NYSE:APD) has earned an average rating of “Moderate Buy” from the seventeen brokerages that are currently covering the company, MarketBeat reports. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $323.1176.

A number of brokerages have commented on APD. Mizuho set a $345.00 target price on Air Products and Chemicals in a research note on Friday, May 1st. JPMorgan Chase & Co. lifted their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Royal Bank Of Canada lifted their price target on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target for the company in a report on Friday, May 1st. Finally, Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $282.24 on Thursday. Air Products and Chemicals has a 1-year low of $229.11 and a 1-year high of $307.96. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $62.85 billion, a price-to-earnings ratio of 29.87, a P/E/G ratio of 2.45 and a beta of 0.74. The stock’s fifty day simple moving average is $294.13 and its 200-day simple moving average is $275.16.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the previous year, the company posted $2.69 earnings per share. Air Products and Chemicals’s revenue for the quarter was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. On average, sell-side analysts predict that Air Products and Chemicals will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is currently 76.61%.

Insider Activity

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the sale, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.88% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Air Products and Chemicals

Several institutional investors have recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Air Products and Chemicals by 14.5% during the 4th 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 bought a new stake in shares of Air Products and Chemicals during the 4th quarter worth about $245,000. Sei Investments Co. boosted its stake in shares of Air Products and Chemicals by 197.6% during the 2nd quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock worth $79,498,000 after acquiring an additional 187,142 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of Air Products and Chemicals by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock worth $29,271,000 after acquiring an additional 2,171 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its stake in shares of Air Products and Chemicals by 52.5% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock worth $1,873,000 after acquiring an additional 2,229 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Company Profile

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.