Air Products and Chemicals (NYSE:APD) Price Target Raised to $307.00

Air Products and Chemicals (NYSE:APD) had its price target increased by UBS Group from $285.00 to $307.00 in a report published on Thursday, Marketbeat Ratings reports. UBS Group currently has a neutral rating on the basic materials company’s stock.

APD has been the subject of a number of other reports. Citigroup lifted their price objective on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. JPMorgan Chase & Co. raised shares of Air Products and Chemicals from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $280.00 to $310.00 in a report on Friday, March 20th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Finally, Wells Fargo & Company upgraded shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $270.00 to $325.00 in a research report on Friday, March 13th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $302.18.

Air Products and Chemicals Price Performance

NYSE APD opened at $298.89 on Thursday. The company has a market cap of $66.55 billion, a PE ratio of -197.94, a price-to-earnings-growth ratio of 2.93 and a beta of 0.80. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $301.25. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The firm’s 50-day simple moving average is $284.37 and its two-hundred day simple moving average is $265.99.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.04 by $0.12. The business had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.86 earnings per share. 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. Research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.4%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -479.47%.

Insider Transactions at Air Products and Chemicals

In related news, Director Ridge Lp Mantle sold 70,175 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.88% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Holos Integrated Wealth LLC bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. Richardson Financial Services Inc. lifted its stake in Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. Meeder Asset Management Inc. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. 81.66% of the stock is currently 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.