Brokerages Set Air Products and Chemicals, Inc. (NYSE:APD) Target Price at $293.80

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have earned an average recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $293.80.

APD has been the subject of a number of research analyst reports. Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, December 8th. Citigroup upped their price target on Air Products and Chemicals from $245.00 to $272.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Air Products and Chemicals in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a research note on Wednesday, December 10th. Finally, Mizuho dropped their target price on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th.

Hedge Funds Weigh In On Air Products and Chemicals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in APD. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Air Products and Chemicals during the second quarter worth $28,000. Traub Capital Management LLC purchased a new position in Air Products and Chemicals in the second quarter valued at $28,000. Holos Integrated Wealth LLC acquired a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Richardson Financial Services Inc. increased its holdings in Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the period. Finally, Abound Wealth Management raised its position in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

NYSE APD opened at $256.10 on Friday. The stock has a fifty day simple moving average of $254.11 and a 200-day simple moving average of $268.69. 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 stock has a market cap of $57.01 billion, a PE ratio of -143.88, a P/E/G ratio of 2.51 and a beta of 0.87. Air Products and Chemicals has a twelve month low of $229.11 and a twelve month high of $341.14.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS 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 company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter in the prior year, the company posted $3.56 earnings per share. Air Products and Chemicals’s revenue for the quarter was down .6% compared to the same quarter last year. 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. Equities analysts anticipate that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.8%. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -402.25%.

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.