Air Products and Chemicals (NYSE:APD) Price Target Raised to $303.00

Air Products and Chemicals (NYSE:APD) had its target price upped by research analysts at Bank of America from $280.00 to $303.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock. Bank of America‘s price objective would indicate a potential upside of 2.27% from the stock’s previous close.

APD has been the topic of a number of other research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. UBS Group raised their target price on shares of Air Products and Chemicals from $285.00 to $307.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. BMO Capital Markets reissued a “market perform” rating and issued a $282.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Finally, Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the company a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $308.06.

Air Products and Chemicals Trading Up 0.0%

Shares of APD stock traded up $0.13 during mid-day trading on Tuesday, reaching $296.28. The company’s stock had a trading volume of 109,300 shares, compared to its average volume of 1,430,537. The company’s 50 day simple moving average is $286.11 and its 200-day simple moving average is $267.08. Air Products and Chemicals has a 12-month low of $229.11 and a 12-month high of $301.25. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $65.97 billion, a PE ratio of -196.53, a price-to-earnings-growth ratio of 2.86 and a beta of 0.80.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The business had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the firm posted $2.86 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, research analysts predict that Air Products and Chemicals will post 13.02 EPS for the current fiscal year.

Insider Transactions at Air Products and Chemicals

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director owned 93,499 shares of the company’s stock, valued at $26,573,350.79. The trade was a 42.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.88% of the stock is owned by company insiders.

Institutional Investors Weigh In On Air Products and Chemicals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in APD. Holos Integrated Wealth LLC purchased a new stake in Air Products and Chemicals during the 4th quarter worth $25,000. Richardson Financial Services Inc. grew 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 acquiring an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Meeder Asset Management Inc. acquired a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in Air Products and Chemicals during the 4th quarter worth $25,000. 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 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.