Air Products and Chemicals (NYSE:APD – Get Free Report) had its price objective cut by analysts at Barclays from $353.00 to $346.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the basic materials company’s stock. Barclays‘s target price would suggest a potential upside of 11.98% from the stock’s current price.
APD has been the subject of several other research reports. Evercore reaffirmed an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research note on Friday, July 10th. UBS Group dropped their target price on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Mizuho lifted their target price on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Argus upped their price target 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. Finally, Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus target price of $333.47.
Check Out Our Latest Stock Report on APD
Air Products and Chemicals Price Performance
NYSE APD traded down $0.52 during mid-day trading on Friday, hitting $308.98. The stock had a trading volume of 200,177 shares, compared to its average volume of 1,261,532. Air Products and Chemicals has a 52-week low of $229.11 and a 52-week high of $324.00. The company has a market cap of $68.81 billion, a price-to-earnings ratio of -1,404.73, a P/E/G ratio of 3.00 and a beta of 0.67. The company has a 50 day simple moving average of $294.95 and a 200 day simple moving average of $290.69. 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 posted its earnings results on Thursday, November 5th. The basic materials company reported $3.61 EPS for the quarter, hitting analysts’ consensus estimates of $3.61. The company had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.33 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. Air Products and Chemicals’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business earned $3.39 earnings per share. Equities analysts forecast that Air Products and Chemicals will post 13.46 EPS for the current fiscal year.
Institutional Trading of Air Products and Chemicals
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APD. State Street Corp grew its holdings in shares of Air Products and Chemicals by 277.4% during the second quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock worth $10,597,451,000 after buying an additional 28,050,956 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Air Products and Chemicals in the second quarter valued at approximately $5,370,093,000. Bank of America Corp DE lifted its stake in shares of Air Products and Chemicals by 14.3% during the first quarter. Bank of America Corp DE now owns 4,443,531 shares of the basic materials company’s stock valued at $1,290,801,000 after buying an additional 556,188 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Air Products and Chemicals by 326.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company’s stock valued at $927,010,000 after buying an additional 2,563,873 shares during the period. Finally, Aristotle Capital Management LLC boosted its position in Air Products and Chemicals by 0.5% during the first quarter. Aristotle Capital Management LLC now owns 2,683,883 shares of the basic materials company’s stock worth $779,665,000 after acquiring an additional 14,262 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.
Key Air Products and Chemicals News
Here are the key news stories impacting Air Products and Chemicals this week:
- Positive Sentiment: Adjusted Q4 EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, ahead of the $3.33 billion estimate. The company cited higher volumes and pricing, with strong Americas performance. Article: APD Q4 Earnings Beat on Higher Volumes, Sales Top Estimates
- Positive Sentiment: Management forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above fiscal 2026’s $13.45, implying continued earnings growth. It also reported more than $2 billion in new electronics business wins and lower fiscal 2026 capital spending. Article: Air Products Reports Fiscal 2026 Results and Provides Fiscal 2027 Guidance
- Positive Sentiment: Mizuho raised its price target to $360 from $355 and maintained an Outperform rating, adding a favorable analyst view. Article: Mizuho Raises Price Target
- Neutral Sentiment: A separate valuation analysis suggested APD could be about 8% undervalued; this is an estimate, not a company forecast. Article: Air Products Could Be 8% Undervalued Following Annual Results
- Negative Sentiment: Project-exit charges, primarily tied to two China coal-gasification plants, substantially depressed GAAP results: fiscal 2026 GAAP EPS was $2.39 versus adjusted EPS of $13.45. These charges may temper investor confidence despite stronger underlying performance. Article: Fiscal 2026 Results
About Air Products and Chemicals
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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