Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) shares reached a new 52-week high on Thursday. The company traded as high as $324.00 and last traded at $313.3330, with a volume of 170,651 shares. The stock had previously closed at $318.87.
Trending Headlines about Air Products and Chemicals
Here are the key news stories impacting Air Products and Chemicals this week:
- Positive Sentiment: Fiscal Q4 revenue rose 12.3% year over year to $3.56 billion, topping the $3.33 billion analyst estimate. Adjusted EPS was $3.61, up from $3.39 a year earlier and above management’s guidance midpoint. Air Products fiscal 2026 results and guidance
- Positive Sentiment: Management forecast fiscal 2027 adjusted EPS of $14.15–$14.50, implying growth from fiscal 2026 adjusted EPS of $13.45. The company also reported more than $2 billion in new electronics business wins and lower fiscal 2026 capital spending than the prior year. Fiscal Q4 results and fiscal 2027 guidance
- Neutral Sentiment: Adjusted EPS was broadly in line with estimates, limiting the earnings surprise despite the revenue beat. Q4 earnings and revenue estimates
- Negative Sentiment: Reported GAAP results were substantially affected by project-exit charges, primarily tied to two China coal-gasification plants. Fiscal Q4 GAAP EPS was $2.62, versus adjusted EPS of $3.61, highlighting ongoing project-related uncertainty. Air Products fiscal 2026 results and guidance
Analysts Set New Price Targets
APD has been the subject of a number of analyst reports. Argus boosted their price objective on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a research note on Wednesday, September 9th. Sanford C. Bernstein restated an “outperform” rating and set a $373.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 31st. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. UBS Group dropped their target price on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $333.88.
Get Our Latest Analysis on Air Products and Chemicals
Air Products and Chemicals Price Performance
The firm has a market cap of $71.02 billion, a price-to-earnings ratio of -1,435.97, a PEG ratio of 2.95 and a beta of 0.67. The company’s fifty day moving average is $294.90 and its 200 day moving average is $290.48. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.
Air Products and Chemicals (NYSE:APD – Get Free Report) last released its earnings results on Thursday, November 5th. The basic materials company reported $3.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.61. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the company posted $3.39 earnings per share. Air Products and Chemicals’s revenue was up 12.3% on a year-over-year basis. On average, equities research analysts predict that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.
Air Products and Chemicals Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 8th. Stockholders of record on Monday, January 4th will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.3%. Air Products and Chemicals’s payout ratio is presently -3,290.91%.
Hedge Funds Weigh In On Air Products and Chemicals
Hedge funds have recently made changes to their positions in the business. S&CO Inc. acquired a new position in shares of Air Products and Chemicals in the 2nd quarter valued at about $27,733,000. Park National Corp OH increased its position in shares of Air Products and Chemicals by 66.7% in the 3rd quarter. Park National Corp OH now owns 24,538 shares of the basic materials company’s stock worth $6,761,000 after purchasing an additional 9,817 shares during the last quarter. Neville Rodie & Shaw Inc. lifted its holdings in Air Products and Chemicals by 1,457.1% during the 3rd quarter. Neville Rodie & Shaw Inc. now owns 28,806 shares of the basic materials company’s stock worth $7,851,000 after buying an additional 26,956 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Air Products and Chemicals by 26.7% in the first quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock worth $16,573,000 after purchasing an additional 12,020 shares during the period. Finally, Robertson Stephens Wealth Management LLC grew its position in shares of Air Products and Chemicals by 1,352.9% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 13,309 shares of the basic materials company’s stock valued at $3,627,000 after buying an additional 12,393 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.
Air Products and Chemicals Company Profile
Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.
Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.
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