Air Products and Chemicals (NYSE:APD) Price Target Raised to $272.00

Air Products and Chemicals (NYSE:APD) had its price objective increased by Citigroup from $245.00 to $272.00 in a research report report published on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other research firms also recently issued reports on APD. Bank of America raised shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft set a $255.00 price target on Air Products and Chemicals in a research report on Wednesday, December 10th. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a report on Wednesday, October 1st. Argus reduced their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Finally, Wolfe Research restated an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $293.80.

Air Products and Chemicals Stock Performance

Shares of APD opened at $261.09 on Wednesday. Air Products and Chemicals has a 12-month low of $229.11 and a 12-month high of $341.14. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 0.98. The company has a market cap of $58.12 billion, a PE ratio of -146.68, a price-to-earnings-growth ratio of 2.60 and a beta of 0.87. The stock has a 50-day moving average price of $253.64 and a 200-day moving average price of $269.66.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period last year, the firm posted $3.56 earnings per share. Air Products and Chemicals’s quarterly 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. As a group, equities analysts forecast that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be issued a dividend of $1.79 per share. The ex-dividend date is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 2.7%. Air Products and Chemicals’s dividend payout ratio is currently -402.25%.

Institutional Trading of Air Products and Chemicals

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Air Products and Chemicals by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company’s stock valued at $6,000,040,000 after buying an additional 260,904 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Air Products and Chemicals by 2.4% during the third quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock valued at $3,209,068,000 after acquiring an additional 272,197 shares during the last quarter. State Street Corp boosted its holdings in shares of Air Products and Chemicals by 1.1% during the third quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock worth $2,607,065,000 after purchasing an additional 106,578 shares during the period. Dodge & Cox grew its stake in shares of Air Products and Chemicals by 2.1% in the third quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock worth $2,455,814,000 after purchasing an additional 183,492 shares during the last quarter. Finally, Capital International Investors increased its holdings in Air Products and Chemicals by 7.4% during 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 purchasing an additional 609,489 shares during the period. Institutional investors own 81.66% of the company’s stock.

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.