Air Products and Chemicals (NYSE:APD) Rating Lowered to “Equal Weight” at Wells Fargo & Company

Air Products and Chemicals (NYSE:APD) was downgraded by equities researchers at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They presently have a $250.00 price target on the basic materials company’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 4.14% from the company’s previous close.

APD has been the subject of several other research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Air Products and Chemicals in a report on Tuesday. Argus lowered their target price on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Royal Bank Of Canada dropped their price target on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Wall Street Zen lowered shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a report on Sunday, December 14th. Finally, UBS Group downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $292.47.

Air Products and Chemicals Trading Down 1.5%

Shares of APD opened at $240.06 on Friday. Air Products and Chemicals has a fifty-two week low of $229.11 and a fifty-two week high of $341.14. The company has a market capitalization of $53.43 billion, a PE ratio of -134.86, a price-to-earnings-growth ratio of 2.36 and a beta of 0.86. The stock has a fifty day moving average of $252.22 and a two-hundred day moving average of $273.94. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. The business 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%.The business’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm earned $3.56 earnings per share. 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. As a group, analysts forecast that Air Products and Chemicals will post 12.69 EPS for the current year.

Institutional Trading of Air Products and Chemicals

A number of institutional investors have recently added to or reduced their stakes in the business. Saudi Central Bank acquired a new position in shares of Air Products and Chemicals during the first quarter worth about $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in Air Products and Chemicals during the 2nd quarter worth approximately $28,000. Traub Capital Management LLC acquired a new position in Air Products and Chemicals during the 2nd quarter worth approximately $28,000. Abound Wealth Management boosted its holdings in Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares during the period. Finally, Westside Investment Management Inc. grew its position in Air Products and Chemicals by 228.1% in the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. 81.66% of the stock is owned by hedge funds and other 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.