Brokerages Set Air Products and Chemicals, Inc. (NYSE:APD) Target Price at $325.82

Shares of Air Products and Chemicals, Inc. (NYSE:APD) have been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $326.8824.

A number of analysts have recently issued reports on APD shares. Morgan Stanley increased their price objective on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Wells Fargo & Company lifted their target price on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $358.00 target price on shares of Air Products and Chemicals in a report on Friday. Mizuho set a $345.00 price target on Air Products and Chemicals in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their price objective on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research report on Friday, May 1st.

Air Products and Chemicals Stock Down 0.1%

NYSE APD opened at $296.36 on Friday. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $65.99 billion, a P/E ratio of 31.36, a price-to-earnings-growth ratio of 2.69 and a beta of 0.73. The stock’s 50-day moving average price is $289.49 and its 200-day moving average price is $284.69.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter last year, the business earned $2.69 EPS. The firm’s revenue was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. On average, equities research analysts predict that Air Products and Chemicals will post 13.22 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the transaction, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.88% of the company’s stock.

Hedge Funds Weigh In On Air Products and Chemicals

Several hedge funds have recently modified their holdings of the stock. Cary Street Partners Financial LLC raised its stake in Air Products and Chemicals by 2.2% during the 4th quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock worth $399,000 after acquiring an additional 35 shares in the last quarter. StoneX Group Inc. boosted its stake in Air Products and Chemicals by 1.3% in the fourth quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock valued at $688,000 after acquiring an additional 36 shares in the last quarter. Revisor Wealth Management LLC grew its holdings in shares of Air Products and Chemicals by 0.8% during the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after purchasing an additional 36 shares during the last quarter. CYBER HORNET ETFs LLC grew its holdings in shares of Air Products and Chemicals by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock worth $159,000 after purchasing an additional 37 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft increased its position in shares of Air Products and Chemicals by 0.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after purchasing an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Company Profile

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.