Mizuho Has Lowered Expectations for Air Products and Chemicals (NYSE:APD) Stock Price

Air Products and Chemicals (NYSE:APD) had its price objective lowered by stock analysts at Mizuho from $300.00 to $290.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Mizuho’s target price would suggest a potential upside of 17.80% from the company’s current price.

Other analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. Wall Street Zen cut Air Products and Chemicals from a “hold” rating to a “sell” rating in a research report on Sunday. JPMorgan Chase & Co. reduced their price objective on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Argus dropped their target price 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. Finally, Wells Fargo & Company reduced their price target on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $297.80.

Air Products and Chemicals Stock Up 1.6%

APD stock opened at $246.17 on Thursday. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $341.14. The company has a market capitalization of $54.79 billion, a price-to-earnings ratio of -138.30, a price-to-earnings-growth ratio of 2.38 and a beta of 0.86. The business’s 50 day moving average price is $252.93 and its two-hundred day moving average price is $274.48. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38.

Air Products and Chemicals (NYSE:APD) last released its quarterly 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 company had revenue of $3.13 billion for the quarter, compared to analyst estimates 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 firm’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $3.56 earnings per share. 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, analysts forecast that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Air Products and Chemicals

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of 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 period. Capital Research Global Investors boosted its holdings in shares of Air Products and Chemicals by 2.4% in the third quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock worth $3,209,068,000 after buying an additional 272,197 shares during the last quarter. State Street Corp grew its position in 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 valued at $2,607,065,000 after buying an additional 106,578 shares during the period. Dodge & Cox increased its holdings in Air Products and Chemicals by 2.1% during the third quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock valued at $2,455,814,000 after buying an additional 183,492 shares during the last quarter. Finally, Capital International Investors raised its position in Air Products and Chemicals by 7.4% in the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock worth $2,419,029,000 after acquiring an additional 609,489 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.