Air Products and Chemicals (NYSE:APD) Price Target Cut to $325.00 by Analysts at Royal Bank Of Canada

Air Products and Chemicals (NYSE:APD) had its target price dropped by equities researchers at Royal Bank Of Canada from $350.00 to $325.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 26.24% from the company’s previous close.

Several other equities research analysts also recently weighed in on APD. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a report on Wednesday, October 1st. UBS Group decreased their price target on Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Citigroup reduced their price target on shares of 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 shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Finally, Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research note on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $322.08.

Air Products and Chemicals Trading Down 0.5%

Shares of NYSE APD traded down $1.34 during mid-day trading on Friday, reaching $257.46. 608,973 shares of the company’s stock were exchanged, compared to its average volume of 1,255,032. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.29. The firm has a market capitalization of $57.30 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 5.16 and a beta of 0.81. The company’s 50-day moving average is $269.64 and its 200-day moving average is $278.05. Air Products and Chemicals has a 52-week low of $235.55 and a 52-week high of $341.14.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same quarter last year, the firm posted $3.56 earnings per share. The business’s revenue for the quarter was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. Analysts expect that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Air Products and Chemicals

A number of institutional investors and hedge funds have recently bought and sold shares of APD. Saudi Central Bank acquired a new position in Air Products and Chemicals during the first quarter worth about $26,000. Cheviot Value Management LLC acquired a new stake in Air Products and Chemicals during the 1st quarter valued at $27,000. Traub Capital Management LLC purchased a new stake in Air Products and Chemicals in the 2nd quarter worth about $28,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Air Products and Chemicals during the second quarter worth approximately $28,000. Finally, Abound Wealth Management boosted its position in Air Products and Chemicals by 292.3% during the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 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 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.