Mizuho Cuts Air Products and Chemicals (NYSE:APD) Price Target to $290.00

Air Products and Chemicals (NYSE:APD) had its price target reduced by Mizuho from $300.00 to $290.00 in a report issued on Thursday, MarketBeat reports. Mizuho currently has an outperform rating on the basic materials company’s stock.

Other equities research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Sunday, December 14th. UBS Group lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $310.00 to $250.00 in a research report on Thursday, December 11th. Evercore ISI dropped their target price on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Royal Bank Of Canada cut their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. Finally, Wells Fargo & Company decreased their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $292.47.

Air Products and Chemicals Price Performance

NYSE:APD opened at $240.06 on Thursday. The firm has a market capitalization of $53.43 billion, a price-to-earnings ratio of -134.86, a PEG ratio of 2.36 and a beta of 0.86. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20. The business has a 50 day simple moving average of $252.22 and a 200-day simple moving average of $273.94. Air Products and Chemicals has a 1 year low of $229.11 and a 1 year high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.56 EPS. 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. Equities analysts forecast that Air Products and Chemicals will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 3.0%. Air Products and Chemicals’s dividend payout ratio is -402.25%.

Institutional Investors Weigh In On Air Products and Chemicals

Institutional investors and hedge funds have recently bought and sold shares of the company. Financial Connections Group Inc. increased its stake in shares of Air Products and Chemicals by 46.7% during the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after buying an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC increased its position in Air Products and Chemicals by 1.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after purchasing an additional 35 shares during the period. YANKCOM Partnership increased its position in Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after purchasing an additional 35 shares during the period. Atlatl Advisers LLC lifted its position in shares of Air Products and Chemicals by 2.5% in the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after purchasing an additional 37 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its position in shares of Air Products and Chemicals by 7.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after purchasing an additional 37 shares during the period. 81.66% of the stock is owned by institutional investors.

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.