Analysts Set Air Products and Chemicals, Inc. (NYSE:APD) Price Target at $292.47

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have been given an average recommendation of “Hold” by the sixteen brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $292.4667.

A number of equities research analysts have weighed in on APD shares. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $250.00 price objective (down from $330.00) on shares of Air Products and Chemicals in a report on Friday, December 19th. Argus decreased their price target on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday. Mizuho lowered their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, December 18th. Finally, Citigroup cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $300.00 to $245.00 in a research report on Monday, December 15th.

Institutional Investors Weigh In On Air Products and Chemicals

A number of large investors have recently bought and sold shares of the business. Norges Bank acquired a new position in Air Products and Chemicals in the second quarter worth $1,020,081,000. Viking Global Investors LP bought a new position in shares of Air Products and Chemicals in the second quarter valued at about $607,601,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Air Products and Chemicals by 644.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock worth $281,258,000 after buying an additional 892,793 shares in the last quarter. Franklin Resources Inc. grew its holdings in Air Products and Chemicals by 21.6% during the 3rd quarter. Franklin Resources Inc. now owns 4,616,305 shares of the basic materials company’s stock worth $1,258,678,000 after acquiring an additional 821,524 shares during the last quarter. Finally, Capital International Investors increased its position in Air Products and Chemicals by 7.4% in the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after acquiring an additional 609,489 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Stock Up 1.1%

APD opened at $249.68 on Monday. The company has a market capitalization of $55.58 billion, a P/E ratio of -140.27, a P/E/G ratio of 2.43 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 firm’s fifty day moving average price is $250.42 and its two-hundred day moving average price is $271.64. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, analysts anticipate that Air Products and Chemicals will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.9%. Air Products and Chemicals’s payout ratio is -402.25%.

About Air Products and Chemicals

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.