Air Products and Chemicals (NYSE:APD) Price Target Cut to $290.00 by Analysts at Mizuho

Air Products and Chemicals (NYSE:APD) had its price target decreased by Mizuho from $300.00 to $290.00 in a research note published on Thursday morning, MarketBeat Ratings reports. Mizuho currently has an outperform rating on the basic materials company’s stock.

Several other research firms have also issued reports on APD. The Goldman Sachs Group set a $335.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Wells Fargo & Company lowered their price target on shares of Air Products and Chemicals from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. UBS Group downgraded shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price target for the company from $310.00 to $250.00 in a report on Thursday, December 11th. JPMorgan Chase & Co. cut their target price on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Finally, Royal Bank Of Canada reduced their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $297.80.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $244.00 on Thursday. The firm has a market capitalization of $54.31 billion, a price-to-earnings ratio of -137.08, a PEG ratio of 2.42 and a beta of 0.86. Air Products and Chemicals has a one year low of $229.11 and a one year high of $341.14. The business has a 50-day simple moving average of $252.56 and a 200 day simple moving average of $274.27. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.Air Products and Chemicals’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the business earned $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, research analysts anticipate that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -402.25%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Financial Connections Group Inc. raised its stake in Air Products and Chemicals by 46.7% during the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 35 shares during the period. Meadow Creek Wealth Advisors LLC boosted its holdings in shares of Air Products and Chemicals by 1.6% in the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after purchasing an additional 35 shares during the period. YANKCOM Partnership grew its holdings in Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after purchasing an additional 35 shares during the last quarter. Atlatl Advisers LLC boosted its holdings in Air Products and Chemicals by 2.5% during the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after acquiring an additional 37 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its position in Air Products and Chemicals by 7.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after buying an additional 37 shares during the period. Institutional investors 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.