Air Products and Chemicals, Inc. Expected to Post FY2025 Earnings of $13.38 Per Share (NYSE:APD)

Air Products and Chemicals, Inc. (NYSE:APD) – Investment analysts at Seaport Res Ptn decreased their FY2025 earnings estimates for Air Products and Chemicals in a research note issued to investors on Wednesday, April 17th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings per share of $13.38 for the year, down from their prior estimate of $13.45. Seaport Res Ptn has a “Neutral” rating on the stock. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.38 per share.

APD has been the subject of several other research reports. Wolfe Research started coverage on shares of Air Products and Chemicals in a research report on Friday, March 1st. They issued an “outperform” rating and a $279.00 price target for the company. BMO Capital Markets reduced their price target on shares of Air Products and Chemicals from $307.00 to $250.00 and set an “outperform” rating for the company in a research report on Tuesday, February 6th. Barclays reduced their price target on shares of Air Products and Chemicals from $260.00 to $245.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 6th. Bank of America upgraded shares of Air Products and Chemicals from a “neutral” rating to a “buy” rating and set a $264.00 price target for the company in a research report on Thursday, February 15th. Finally, Wells Fargo & Company downgraded shares of Air Products and Chemicals from an “overweight” rating to an “equal weight” rating in a research report on Monday, February 5th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Air Products and Chemicals has a consensus rating of “Hold” and an average target price of $276.36.

Air Products and Chemicals Stock Down 0.6 %

Shares of NYSE:APD opened at $231.67 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.58 and a current ratio of 1.81. The company has a market cap of $51.50 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.52 and a beta of 0.81. Air Products and Chemicals has a 52 week low of $212.24 and a 52 week high of $307.71. The firm has a 50 day simple moving average of $235.88 and a 200 day simple moving average of $257.47.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Monday, February 5th. The basic materials company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $3.00 by ($0.18). The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a return on equity of 16.84% and a net margin of 18.82%. The company’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.64 earnings per share.

Air Products and Chemicals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, April 1st will be paid a dividend of $1.77 per share. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.75. The ex-dividend date is Thursday, March 28th. This represents a $7.08 annualized dividend and a dividend yield of 3.06%. Air Products and Chemicals’s dividend payout ratio is 67.56%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of APD. Capital Research Global Investors increased its stake in shares of Air Products and Chemicals by 167.2% during the 4th quarter. Capital Research Global Investors now owns 6,921,011 shares of the basic materials company’s stock worth $1,894,973,000 after purchasing an additional 4,330,471 shares during the last quarter. Norges Bank acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth $962,356,000. Moneta Group Investment Advisors LLC increased its stake in shares of Air Products and Chemicals by 111,211.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,640,729 shares of the basic materials company’s stock worth $505,771,000 after purchasing an additional 1,639,255 shares during the last quarter. Morgan Stanley increased its stake in shares of Air Products and Chemicals by 26.0% during the 4th quarter. Morgan Stanley now owns 5,414,008 shares of the basic materials company’s stock worth $1,668,923,000 after purchasing an additional 1,115,729 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Air Products and Chemicals by 222.0% during the 2nd quarter. Barclays PLC now owns 879,406 shares of the basic materials company’s stock worth $263,407,000 after purchasing an additional 606,280 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

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.