Air Products and Chemicals, Inc. (NYSE:APD) Receives $330.00 Consensus Target Price from Analysts

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have received an average recommendation of “Moderate Buy” from the fifteen research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $330.00.

APD has been the subject of several recent research reports. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a research note on Wednesday, October 1st. UBS Group lowered their target price on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Citigroup lowered their target price on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a report on Monday, October 6th. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday, October 8th.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $253.32 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. Air Products and Chemicals has a 1 year low of $243.69 and a 1 year high of $341.14. The firm has a market capitalization of $56.38 billion, a PE ratio of 36.45, a P/E/G ratio of 5.26 and a beta of 0.83. The business’s 50 day moving average price is $281.60 and its 200-day moving average price is $279.43.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, beating the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same period in the prior year, the company earned $3.20 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. As a group, equities research analysts expect that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Insider Buying and Selling at Air Products and Chemicals

In other news, VP Victoria Brifo sold 1,359 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $292.38, for a total transaction of $397,344.42. Following the transaction, the vice president directly owned 8,686 shares in the company, valued at $2,539,612.68. The trade was a 13.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of Air Products and Chemicals

Institutional investors have recently made changes to their positions in the company. Ritholtz Wealth Management raised its position in shares of Air Products and Chemicals by 20.9% during the 1st quarter. Ritholtz Wealth Management now owns 1,603 shares of the basic materials company’s stock valued at $473,000 after buying an additional 277 shares during the period. West Oak Capital LLC raised its position in shares of Air Products and Chemicals by 12.2% during the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock valued at $3,050,000 after buying an additional 1,180 shares during the period. Chapin Davis Inc. raised its position in shares of Air Products and Chemicals by 16.1% during the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after buying an additional 1,551 shares during the period. Revisor Wealth Management LLC raised its position in shares of Air Products and Chemicals by 110.4% during the 2nd quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock valued at $966,000 after buying an additional 1,713 shares during the period. Finally, Norden Group LLC raised its position in shares of Air Products and Chemicals by 167.3% during the 2nd quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock valued at $1,636,000 after buying an additional 3,630 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

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.