Seaport Res Ptn Has Bearish Forecast for APD Q1 Earnings

Air Products and Chemicals, Inc. (NYSE:APD) – Equities research analysts at Seaport Res Ptn reduced their Q1 2026 earnings estimates for shares of Air Products and Chemicals in a research note issued to investors on Wednesday, May 7th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will earn $3.14 per share for the quarter, down from their previous forecast of $3.22. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.69 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals’ Q2 2026 earnings at $3.02 EPS, Q3 2026 earnings at $3.21 EPS and Q4 2026 earnings at $3.67 EPS.

APD has been the subject of several other research reports. Citigroup cut their target price on Air Products and Chemicals from $373.00 to $345.00 and set a “buy” rating for the company in a research note on Tuesday, March 25th. UBS Group reduced their price target on Air Products and Chemicals from $335.00 to $324.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Barclays decreased their price objective on shares of Air Products and Chemicals from $355.00 to $325.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. StockNews.com cut Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Friday, February 7th. Finally, BMO Capital Markets cut Air Products and Chemicals from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $330.38.

Air Products and Chemicals Stock Up 0.5 %

APD opened at $271.05 on Thursday. The company has a quick ratio of 0.96, a current ratio of 1.11 and a debt-to-equity ratio of 0.71. The stock has a market cap of $60.32 billion, a PE ratio of 15.74, a P/E/G ratio of 3.07 and a beta of 0.88. The business’s fifty day simple moving average is $279.33 and its 200 day simple moving average is $301.67. Air Products and Chemicals has a 52 week low of $243.69 and a 52 week high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, May 1st. The basic materials company reported $2.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.14). The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.94 billion. Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%. The business’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $2.85 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in APD. First Horizon Advisors Inc. lifted its holdings in shares of Air Products and Chemicals by 1.8% in the 4th quarter. First Horizon Advisors Inc. now owns 1,742 shares of the basic materials company’s stock valued at $505,000 after acquiring an additional 31 shares during the last quarter. Lake Street Advisors Group LLC grew its position in shares of Air Products and Chemicals by 1.6% during the 4th quarter. Lake Street Advisors Group LLC now owns 2,028 shares of the basic materials company’s stock worth $588,000 after buying an additional 31 shares in the last quarter. WR Wealth Planners LLC increased its position in Air Products and Chemicals by 40.3% during the 4th quarter. WR Wealth Planners LLC now owns 108 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 31 shares during the period. Silver Oak Securities Incorporated raised its stake in Air Products and Chemicals by 1.1% in the fourth quarter. Silver Oak Securities Incorporated now owns 3,074 shares of the basic materials company’s stock worth $888,000 after buying an additional 32 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its position in shares of Air Products and Chemicals by 3.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 974 shares of the basic materials company’s stock worth $282,000 after acquiring an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Transactions at Air Products and Chemicals

In related news, VP Walter L. Nelson sold 589 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $308.50, for a total value of $181,706.50. Following the transaction, the vice president now directly owns 719 shares of the company’s stock, valued at approximately $221,811.50. The trade was a 45.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Melissa N. Schaeffer sold 3,233 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $307.32, for a total transaction of $993,565.56. Following the transaction, the chief financial officer now owns 10,680 shares of the company’s stock, valued at approximately $3,282,177.60. This represents a 23.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,000 shares of company stock worth $3,423,034 in the last quarter. Company insiders own 0.41% 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.