Air Products and Chemicals, Inc. (NYSE:APD – Get Free Report) has received a consensus rating of “Moderate Buy” from the eighteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $334.69.
APD has been the subject of several recent research reports. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a research report on Monday, August 3rd. Wells Fargo & Company boosted their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Citigroup increased their price objective on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Royal Bank Of Canada raised their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $373.00 target price on shares of Air Products and Chemicals in a report on Friday, July 31st.
View Our Latest Stock Analysis on Air Products and Chemicals
Air Products and Chemicals Stock Up 0.5%
Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $3.09 EPS. 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 expect that Air Products and Chemicals will post 13.46 earnings per share for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Congress Asset Management Co. grew its position in Air Products and Chemicals by 28.1% in the third quarter. Congress Asset Management Co. now owns 5,907 shares of the basic materials company’s stock valued at $1,635,000 after acquiring an additional 1,296 shares during the last quarter. Moody National Bank Trust Division lifted its holdings in shares of Air Products and Chemicals by 13.7% in the third quarter. Moody National Bank Trust Division now owns 2,619 shares of the basic materials company’s stock worth $729,000 after acquiring an additional 315 shares during the last quarter. Colton Groome Financial Advisors LLC grew its holdings in shares of Air Products and Chemicals by 10.3% during the 3rd quarter. Colton Groome Financial Advisors LLC now owns 1,944 shares of the basic materials company’s stock valued at $541,000 after purchasing an additional 181 shares during the last quarter. Iowa State Bank acquired a new position in Air Products and Chemicals during the 3rd quarter worth approximately $1,113,000. Finally, Legacy Private Trust Co. lifted its stake in Air Products and Chemicals by 1,319.7% in the 3rd quarter. Legacy Private Trust Co. now owns 43,217 shares of the basic materials company’s stock valued at $11,779,000 after purchasing an additional 40,173 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.
Air Products and Chemicals Company Profile
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.
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