Air Products and Chemicals, Inc. (NYSE:APD) Receives Average Rating of “Hold” from Analysts

Air Products and Chemicals, Inc. (NYSE:APD) has been assigned a consensus recommendation of “Hold” from the sixteen brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $295.8824.

A number of equities research analysts have recently issued reports on the company. Weiss Ratings cut Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. 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 on the stock in a research report on Thursday, January 8th. Citigroup increased their price target 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. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $282.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd.

Insider Activity at Air Products and Chemicals

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

Hedge Funds Weigh In On Air Products and Chemicals

A number of large investors have recently made changes to their positions in the company. Brighton Jones LLC increased its position in Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after buying an additional 412 shares during the period. Bison Wealth LLC acquired a new position in shares of Air Products and Chemicals in the fourth quarter valued at about $245,000. Ritholtz Wealth Management increased its position in Air Products and Chemicals by 17.8% during the second quarter. Ritholtz Wealth Management now owns 1,889 shares of the basic materials company’s stock worth $533,000 after acquiring an additional 286 shares during the period. Nordea Investment Management AB raised its stake in Air Products and Chemicals by 6.5% in the 2nd quarter. Nordea Investment Management AB now owns 19,229 shares of the basic materials company’s stock worth $5,413,000 after purchasing an additional 1,168 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Air Products and Chemicals by 7.6% during the 2nd quarter. International Assets Investment Management LLC now owns 2,293 shares of the basic materials company’s stock worth $647,000 after purchasing an additional 161 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 4.0%

Shares of APD stock opened at $279.95 on Tuesday. The firm’s fifty day moving average price is $260.30 and its two-hundred day moving average price is $267.44. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. Air Products and Chemicals has a 1 year low of $229.11 and a 1 year high of $321.47. The firm has a market capitalization of $62.33 billion, a P/E ratio of -185.40, a PEG ratio of 2.74 and a beta of 0.87.

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 for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter last year, the company earned $2.86 EPS. Air Products and Chemicals’s revenue for the quarter 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. On average, equities analysts predict that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s payout ratio is -474.17%.

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.