Analysts Set Air Products and Chemicals, Inc. (NYSE:APD) PT at $332.76

Air Products and Chemicals, Inc. (NYSE:APD) has been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $332.7647.

Several equities analysts have recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. UBS Group boosted their price objective on Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Evercore restated an “outperform” rating and set a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Morgan Stanley set a $320.00 target price on Air Products and Chemicals in a research report on Monday, August 3rd. Finally, Weiss Ratings lowered Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $301.19 on Friday. The stock has a market cap of $67.07 billion, a P/E ratio of -1,369.05, a price-to-earnings-growth ratio of 3.04 and a beta of 0.75. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock has a 50 day moving average of $301.50 and a 200-day moving average of $292.52. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company posted $3.09 earnings per share. 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, analysts expect that Air Products and Chemicals will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

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 paid a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.4%. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. California State Teachers Retirement System raised its stake in Air Products and Chemicals by 27,786.0% during the second quarter. California State Teachers Retirement System now owns 72,163,618 shares of the basic materials company’s stock worth $21,156,930,000 after acquiring an additional 71,904,837 shares during the period. BlackRock Inc. acquired a new stake in shares of Air Products and Chemicals in the 2nd quarter worth about $5,370,093,000. Capital International Investors increased its holdings in shares of Air Products and Chemicals by 44.2% in the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock worth $3,160,023,000 after acquiring an additional 3,922,567 shares during the period. Capital Research Global Investors boosted its position in shares of Air Products and Chemicals by 1.2% during the fourth quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock worth $2,940,665,000 after buying an additional 137,595 shares during the period. Finally, State Street Corp raised its stake in Air Products and Chemicals by 3.7% during the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock valued at $2,448,340,000 after acquiring an additional 352,012 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.