Air Products and Chemicals (NYSE:APD) Price Target Raised to $280.00 at JPMorgan Chase & Co.

Air Products and Chemicals (NYSE:APD) had its price target raised by JPMorgan Chase & Co. from $260.00 to $280.00 in a research note published on Monday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the basic materials company’s stock.

APD has been the subject of a number of other research reports. Royal Bank Of Canada decreased their price objective 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. Jefferies Financial Group upped their target price on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a report on Monday. Evercore ISI reduced their price target on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on Air Products and Chemicals in a research note on Wednesday, December 10th. Finally, Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average price target of $295.88.

Air Products and Chemicals Stock Performance

Shares of NYSE APD opened at $271.21 on Monday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. The stock has a 50 day moving average price of $254.71 and a 200 day moving average price of $268.13. The stock has a market capitalization of $60.37 billion, a PE ratio of -179.61, a price-to-earnings-growth ratio of 2.67 and a beta of 0.87. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $341.14.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The company had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the prior year, the business posted $2.86 EPS. The business’s revenue was up 5.8% compared to the same quarter last year. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be given a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a dividend yield of 2.7%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -474.17%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Air Products and Chemicals by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock worth $5,509,702,000 after buying an additional 303,944 shares in the last quarter. Capital Research Global Investors increased its position in Air Products and Chemicals by 2.4% during the third quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock worth $3,209,068,000 after acquiring an additional 272,197 shares during the period. State Street Corp raised its stake in Air Products and Chemicals by 1.1% in the 3rd quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock worth $2,607,065,000 after purchasing an additional 106,578 shares in the last quarter. Dodge & Cox boosted its holdings in Air Products and Chemicals by 2.1% in the 3rd quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock valued at $2,455,814,000 after purchasing an additional 183,492 shares during the period. Finally, Capital International Investors grew its position in Air Products and Chemicals by 7.4% during 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 in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Q1 results topped expectations (beat on EPS and revenue) and analysts raised forecasts after the release — supportive for forward earnings revisions. Air Products Analysts Increase Their Forecasts Following Upbeat Q1 Results
• Positive Sentiment: APD won over $140M in NASA contracts to deliver ~36.5M lbs of liquid hydrogen for U.S. launch sites — a multi-year, high-profile supply deal that strengthens the company’s hydrogen growth story. Air Products Expands NASA Partnership With $140M Contracts
• Positive Sentiment: Jefferies bumped its price target to $313 with a Buy rating, reflecting upside to the stock and reinforcing the bullish case tied to clean-hydrogen growth and margin expansion. Jefferies PT Raise
• Positive Sentiment: Buy-side commentary and longer-form pieces highlight APD’s stable cash flow, dividend and strategic focus on hydrogen as reasons for durable returns over the medium term. Air Products And Chemicals: Strong Growth At A Reasonable Price
• Neutral Sentiment: JPMorgan raised its price target to $280 but kept a Neutral rating — a more tempered view that may limit upside momentum despite the earnings beat. JPMorgan PT Update
• Neutral Sentiment: Analyst write-ups and Zacks pieces highlight APD’s growth credentials and key metrics from the quarter, useful for longer-term investors but not immediate catalysts. Here’s Why Air Products and Chemicals (APD) is a Strong Growth Stock
• Neutral Sentiment: The earnings call framed growth opportunities but included cautious commentary on near-term execution and capital deployment, which can temper investor aggressiveness. Air Products Earnings Call Balances Growth With Caution
• Negative Sentiment: Disclosure that there were no new insider trading plans in Q1 raised some governance/insider-sentiment questions among market watchers — a small negative that can weigh on near-term sentiment. No New Insider Trading Plans in Q1 FY2026

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.