Air Products and Chemicals (NYSE:APD) Stock Rating Upgraded by Barclays

Posted by George Bondi on Oct 15th, 2026

Air Products and Chemicals (NYSE:APD – Get Free Report) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a report released on Monday, Zacks reports.

Several other analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Royal Bank Of Canada raised their price target on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Evercore reiterated an “outperform” rating and set a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Finally, Argus boosted their price objective on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a report on Wednesday, September 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $334.71.

Get Our Latest Stock Analysis on APD

Air Products and Chemicals Trading Up 1.2%

Shares of NYSE:APD opened at $292.42 on Monday. Air Products and Chemicals has a 1 year low of $229.11 and a 1 year high of $314.87. The firm has a market capitalization of $65.12 billion, a P/E ratio of -1,329.18, a P/E/G ratio of 2.72 and a beta of 0.76. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The business’s 50-day moving average is $293.95 and its 200 day moving average is $293.21.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, research analysts predict that Air Products and Chemicals will post 13.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Air Products and Chemicals

A number of institutional investors and hedge funds have recently modified their holdings of APD. Gamco Investors INC. ET AL boosted its holdings in shares of Air Products and Chemicals by 0.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock valued at $1,147,000 after acquiring an additional 35 shares during the last quarter. Virginia Estate & Retirement Planning Advisors Inc. increased its stake in shares of Air Products and Chemicals by 46.1% in the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 111 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 35 shares during the period. Revisor Wealth Management LLC increased its stake in shares of Air Products and Chemicals by 0.8% in the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after acquiring an additional 36 shares during the period. Baader Bank Aktiengesellschaft raised its holdings in shares of Air Products and Chemicals by 0.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after purchasing an additional 37 shares during the last quarter. Finally, Northcape Wealth Management LLC raised its holdings in shares of Air Products and Chemicals by 0.4% during the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock worth $2,566,000 after purchasing an additional 37 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

About Air Products and Chemicals

(Get Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.