Wells Fargo & Company Issues Pessimistic Forecast for Air Products and Chemicals (NYSE:APD) Stock Price

Air Products and Chemicals (NYSE:APD) had its price target reduced by investment analysts at Wells Fargo & Company from $345.00 to $330.00 in a report released on Friday,Benzinga reports. The firm presently has an “overweight” rating on the basic materials company’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 27.17% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Citigroup dropped their target price on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Mizuho set a $300.00 price objective on shares of Air Products and Chemicals in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average price target of $315.83.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock traded up $0.71 during midday trading on Friday, reaching $259.50. 1,110,323 shares of the company traded hands, compared to its average volume of 1,257,063. Air Products and Chemicals has a 12 month low of $235.55 and a 12 month high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The business has a 50 day moving average of $269.64 and a two-hundred day moving average of $278.05. The firm has a market capitalization of $57.75 billion, a price-to-earnings ratio of 37.34, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm’s revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.56 EPS. 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. As a group, research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Institutional Trading of Air Products and Chemicals

Large investors have recently made changes to their positions in the business. Syon Capital LLC raised its stake in shares of Air Products and Chemicals by 4.6% in the third quarter. Syon Capital LLC now owns 2,619 shares of the basic materials company’s stock valued at $714,000 after acquiring an additional 115 shares during the period. Jacobi Capital Management LLC raised its holdings in shares of Air Products and Chemicals by 5.0% in the 3rd quarter. Jacobi Capital Management LLC now owns 9,571 shares of the basic materials company’s stock valued at $2,610,000 after purchasing an additional 453 shares in the last quarter. First National Bank of Omaha bought a new position in Air Products and Chemicals in the third quarter worth approximately $973,000. Axxcess Wealth Management LLC lifted its stake in shares of Air Products and Chemicals by 18.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 1,258 shares of the basic materials company’s stock worth $343,000 after purchasing an additional 195 shares during the last quarter. Finally, NEOS Investment Management LLC raised its holdings in Air Products and Chemicals by 47.2% in the third quarter. NEOS Investment Management LLC now owns 25,242 shares of the basic materials company’s stock worth $6,839,000 after purchasing an additional 8,091 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

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.