Air Products and Chemicals (NYSE:APD) Given New $307.00 Price Target at UBS Group

Air Products and Chemicals (NYSE:APD) had its target price increased by UBS Group from $285.00 to $307.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock. UBS Group’s target price would indicate a potential upside of 3.04% from the stock’s previous close.

Several other analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $255.00 price target on Air Products and Chemicals in a report on Wednesday, December 10th. Argus cut their price target on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. JPMorgan Chase & Co. raised Air Products and Chemicals from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $280.00 to $310.00 in a report on Friday, March 20th. Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target on the stock in a report on Thursday, January 8th. Finally, Weiss Ratings raised Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $302.18.

Air Products and Chemicals Stock Performance

Shares of APD traded up $1.34 during mid-day trading on Thursday, hitting $297.95. The stock had a trading volume of 1,038,622 shares, compared to its average volume of 1,492,091. The company has a market cap of $66.34 billion, a PE ratio of -197.32, a PEG ratio of 2.88 and a beta of 0.80. The company’s fifty day simple moving average is $283.01 and its two-hundred day simple moving average is $265.77. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $301.25.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.04 by $0.12. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The business’s revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.86 EPS. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, equities analysts expect that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Insiders Place Their Bets

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director owned 93,499 shares of the company’s stock, valued at $26,573,350.79. The trade was a 42.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.88% of the stock is owned by insiders.

Institutional Trading of Air Products and Chemicals

A number of hedge funds and other institutional investors have recently modified their holdings of APD. Holos Integrated Wealth LLC bought a new stake in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Richardson Financial Services Inc. raised its stake in shares of Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Meeder Asset Management Inc. bought a new stake in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Institutional investors own 81.66% of the company’s stock.

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.