Air Products and Chemicals (NYSE:APD) Price Target Raised to $272.00 at Citigroup

Air Products and Chemicals (NYSE:APD) had its price target hoisted by Citigroup from $245.00 to $272.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a neutral rating on the basic materials company’s stock.

Other analysts have also issued reports about the stock. Bank of America raised shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target for the company in a research note on Thursday, January 8th. UBS Group cut Air Products and Chemicals from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. JPMorgan Chase & Co. cut their target price on 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. Evercore ISI lowered their price target on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. Finally, Wall Street Zen lowered Air Products and Chemicals from a “hold” rating to a “sell” rating in a report on Sunday, December 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $293.80.

Air Products and Chemicals Stock Up 1.9%

APD opened at $263.08 on Wednesday. The stock’s 50 day moving average price is $253.60 and its 200 day moving average price is $269.90. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20. The stock has a market cap of $58.56 billion, a P/E ratio of -147.79, a P/E/G ratio of 2.54 and a beta of 0.87. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results 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. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter in the prior year, the business posted $3.56 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. 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, research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio is currently -402.25%.

Institutional Trading of Air Products and Chemicals

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Air Products and Chemicals in the second quarter worth about $1,020,081,000. Viking Global Investors LP acquired a new position in Air Products and Chemicals in the 2nd quarter worth approximately $607,601,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Air Products and Chemicals by 644.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock worth $281,258,000 after purchasing an additional 892,793 shares in the last quarter. Franklin Resources Inc. raised its stake in Air Products and Chemicals by 21.6% during the 3rd quarter. Franklin Resources Inc. now owns 4,616,305 shares of the basic materials company’s stock valued at $1,258,678,000 after purchasing an additional 821,524 shares during the period. Finally, Capital International Investors boosted its position in shares of Air Products and Chemicals by 7.4% in the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock worth $2,419,029,000 after buying an additional 609,489 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

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.