Air Products and Chemicals (NYSE:APD) Stock Price Target Lowered at Barclays

Air Products and Chemicals (NYSE:APD) had its price target reduced by Barclays from $353.00 to $346.00 in a research report report published on Friday morning,Benzinga reports. Barclays currently has an overweight rating on the basic materials company’s stock.

A number of other research analysts have also issued reports on APD. Argus increased their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. UBS Group dropped their price target on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Finally, Citigroup lowered their price objective on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $334.24.

Air Products and Chemicals Stock Performance

Shares of APD stock traded down $4.88 on Friday, hitting $304.61. The company’s stock had a trading volume of 1,075,823 shares, compared to its average volume of 965,353. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The stock’s 50 day moving average is $294.94 and its 200-day moving average is $290.92. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $324.00. The company has a market capitalization of $67.83 billion, a PE ratio of 127.99, a PEG ratio of 2.98 and a beta of 0.67.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 5th. The basic materials company reported $3.61 EPS for the quarter, hitting analysts’ consensus estimates of $3.61. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period last year, the firm earned $3.39 earnings per share. Air Products and Chemicals’s revenue for the quarter was up 12.3% compared to the same quarter last year. Equities research analysts expect that Air Products and Chemicals will post 14.40 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 8th. Shareholders of record on Monday, January 4th will be issued a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -3,290.91%.

Hedge Funds Weigh In On Air Products and Chemicals

Several hedge funds and other institutional investors have recently made changes to their positions in APD. State Street Corp boosted its position in shares of Air Products and Chemicals by 277.4% during the 2nd quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock worth $10,597,451,000 after acquiring an additional 28,050,956 shares in the last quarter. BlackRock Inc. bought a new position in Air Products and Chemicals in the second quarter valued at approximately $5,370,093,000. Bank of America Corp DE increased its stake in Air Products and Chemicals by 14.3% in the first quarter. Bank of America Corp DE now owns 4,443,531 shares of the basic materials company’s stock valued at $1,290,801,000 after acquiring an additional 556,188 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Air Products and Chemicals by 326.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company’s stock valued at $927,010,000 after purchasing an additional 2,563,873 shares in the last quarter. Finally, Aristotle Capital Management LLC raised its position in Air Products and Chemicals by 0.5% during the first quarter. Aristotle Capital Management LLC now owns 2,683,883 shares of the basic materials company’s stock valued at $779,665,000 after purchasing an additional 14,262 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Key Air Products and Chemicals News

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
• Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
• Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
• Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
• Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.

Air Products and Chemicals Company Profile