Air Products and Chemicals (NYSE:APD) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Air Products and Chemicals (NYSE:APD) had its price target raised by Royal Bank Of Canada from $325.00 to $338.00 in a research report issued on Friday, Marketbeat.com reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 11.84% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Bank of America increased their price objective on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Sanford C. Bernstein reissued an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. UBS Group upped their target price on shares of Air Products and Chemicals from $285.00 to $307.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. raised Air Products and Chemicals from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $280.00 to $310.00 in a report on Friday, March 20th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $282.00 price objective on shares of Air Products and Chemicals in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $308.78.

Air Products and Chemicals Trading Down 0.5%

NYSE:APD opened at $302.21 on Friday. The firm has a market capitalization of $67.29 billion, a P/E ratio of -200.14, a P/E/G ratio of 2.86 and a beta of 0.80. The business has a 50 day simple moving average of $286.94 and a 200 day simple moving average of $267.90. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. Air Products and Chemicals has a 12-month low of $229.11 and a 12-month high of $304.57.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.04 by $0.12. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the company 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. Equities research analysts predict that Air Products and Chemicals will post 13.03 EPS for the current year.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the transaction, the director owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.88% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Rockland Trust Co. raised its position in Air Products and Chemicals by 8.2% in the fourth quarter. Rockland Trust Co. now owns 56,909 shares of the basic materials company’s stock worth $14,058,000 after acquiring an additional 4,319 shares in the last quarter. Platform Technology Partners boosted its position in shares of Air Products and Chemicals by 683.0% during the 3rd quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock valued at $1,954,000 after purchasing an additional 6,249 shares in the last quarter. Barclays PLC grew its stake in shares of Air Products and Chemicals by 16.4% in the 3rd quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock worth $215,356,000 after purchasing an additional 111,317 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Air Products and Chemicals by 0.9% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company’s stock worth $627,065,000 after purchasing an additional 21,479 shares during the last quarter. Finally, Mather Group LLC. raised its holdings in shares of Air Products and Chemicals by 11.5% in the 4th quarter. Mather Group LLC. now owns 57,474 shares of the basic materials company’s stock worth $14,197,000 after purchasing an additional 5,909 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Key Headlines Impacting Air Products and Chemicals

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

• Positive Sentiment: Royal Bank of Canada raised its price target on APD from $325 to $338 and kept an “outperform” rating, signaling stronger analyst confidence and ~12% upside vs. the current level; this can support upside momentum. RBC Raises Price Target
• Positive Sentiment: Berenberg upgraded APD (reported 4/23), another analyst endorsement that can attract buyers. Berenberg Upgrade
• Positive Sentiment: Bank of America published a bullish forecast for APD’s price appreciation (reported 4/23), adding to positive analyst coverage that may support the stock. Bank of America Forecast
• Positive Sentiment: Air Products declared a quarterly dividend of $1.81 per share (record July 1, payable Aug. 10), which reinforces cash return to shareholders and can support investor demand for the stock. Dividend Declaration
• Positive Sentiment: Air Products plans to build, own and operate a new air separation unit (ASU) in Cocoa, Florida to supply the growing space launch industry — a strategic, end-market driven capacity expansion that should support longer‑term revenue growth tied to aerospace demand. ASU in Florida Announcement
• Neutral Sentiment: Zacks previewed the upcoming earnings report, noting Wall Street expects earnings growth but suggesting APD may lack the setup for an earnings beat — this raises uncertainty ahead of results and could mute volatility depending on the actual print. Zacks Earnings Preview
• Negative Sentiment: The Portnoy Law Firm announced an investigation into possible securities fraud involving Air Products, indicating potential litigation risk and headline-driven downside if allegations escalate. Portnoy Law Firm Investigation

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.