Air Products and Chemicals (NYSE:APD) Given New $260.00 Price Target at JPMorgan Chase & Co.

Air Products and Chemicals (NYSE:APD) had its target price dropped by equities researchers at JPMorgan Chase & Co. from $275.00 to $260.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 0.19% from the stock’s previous close.

Several other research firms have also issued reports on APD. UBS Group lowered their price target on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating on the stock in a research report on Friday. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a report on Wednesday, October 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price objective on Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, Royal Bank Of Canada dropped their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $315.83.

Air Products and Chemicals Stock Performance

Shares of APD traded up $0.71 during mid-day trading on Friday, hitting $259.50. The stock had a trading volume of 1,659,121 shares, compared to its average volume of 1,257,063. Air Products and Chemicals has a 52 week low of $235.55 and a 52 week high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The business has a fifty day moving average price of $269.64 and a 200-day moving average price of $278.05. The firm has a market cap of $57.75 billion, a P/E ratio of 37.34, a PEG ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the company earned $3.56 EPS. The firm’s quarterly revenue 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. FY 2026 guidance at 12.850-13.150 EPS. On average, equities research analysts expect that Air Products and Chemicals will post 12.69 EPS for the current year.

Institutional Investors Weigh In On Air Products and Chemicals

Several hedge funds have recently bought and sold shares of the stock. Financial Connections Group Inc. increased its holdings in shares of Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after buying an additional 35 shares during the last quarter. Meadow Creek Wealth Advisors LLC grew its position in Air Products and Chemicals by 1.6% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after acquiring an additional 35 shares in the last quarter. YANKCOM Partnership increased its stake in Air Products and Chemicals by 1.3% in the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after acquiring an additional 35 shares during the last quarter. Atlatl Advisers LLC raised its position in Air Products and Chemicals by 2.5% during the second quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after purchasing an additional 37 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in Air Products and Chemicals by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after purchasing an additional 37 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

About Air Products and Chemicals

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.