Air Products and Chemicals (NYSE:APD) Issues Quarterly Earnings Results

Air Products and Chemicals (NYSE:APD) posted its quarterly earnings results on Thursday. The basic materials company reported $2.86 EPS for the quarter, missing the consensus estimate of $3.13 by ($0.27), Zacks reports. Air Products and Chemicals had a net margin of 31.64% and a return on equity of 16.34%. Air Products and Chemicals updated its Q2 2025 guidance to 2.750-2.850 EPS and its FY 2025 guidance to 12.700-13.000 EPS.

Air Products and Chemicals Stock Down 1.5 %

Shares of Air Products and Chemicals stock traded down $4.85 on Thursday, hitting $328.30. 2,655,871 shares of the company’s stock traded hands, compared to its average volume of 1,815,715. The stock has a market cap of $73.01 billion, a P/E ratio of 19.11, a PEG ratio of 3.55 and a beta of 0.85. The firm’s 50-day moving average is $310.40 and its 200 day moving average is $300.66. The company has a quick ratio of 1.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.72. Air Products and Chemicals has a 52-week low of $213.07 and a 52-week high of $341.14.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.77. Air Products and Chemicals’s dividend payout ratio (DPR) is 41.21%.

Analysts Set New Price Targets

APD has been the topic of several research analyst reports. Mizuho boosted their price target on Air Products and Chemicals from $308.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. dropped their price target on Air Products and Chemicals from $350.00 to $345.00 and set an “overweight” rating for the company in a research report on Friday, November 8th. Wells Fargo & Company upgraded shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $330.00 to $350.00 in a research report on Tuesday, January 14th. Barclays upgraded shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $315.00 to $365.00 in a report on Friday, January 24th. Finally, Sanford C. Bernstein raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $375.00 price target on the stock in a report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $340.50.

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.