Air Products and Chemicals (NYSE:APD) Given New $340.00 Price Target at Wells Fargo & Company

Air Products and Chemicals (NYSE:APD) had its price target boosted by Wells Fargo & Company from $325.00 to $340.00 in a research report released on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the basic materials company’s stock.

A number of other equities analysts also recently commented on APD. Berenberg Bank set a $350.00 price target on Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Royal Bank Of Canada lifted their price target on Air Products and Chemicals from $325.00 to $338.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. JPMorgan Chase & Co. upgraded Air Products and Chemicals from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $280.00 to $310.00 in a research note on Friday, March 20th. Finally, Citigroup lifted their target price on Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $318.24.

Air Products and Chemicals Stock Up 0.4%

Shares of NYSE APD traded up $1.06 during midday trading on Friday, reaching $301.11. 1,028,413 shares of the company’s stock were exchanged, compared to its average volume of 1,000,692. Air Products and Chemicals has a 52-week low of $229.11 and a 52-week high of $307.29. The stock has a market capitalization of $67.04 billion, a PE ratio of -199.41, a price-to-earnings-growth ratio of 2.82 and a beta of 0.80. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.23 and a current ratio of 1.43. The business’s fifty day moving average price is $288.71 and its two-hundred day moving average price is $268.96.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same period in the previous year, the company earned $2.69 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Analysts forecast that Air Products and Chemicals will post 13.05 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio is -476.82%.

Insiders Place Their Bets

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the company’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 value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.88% of the stock is owned by company insiders.

Institutional Investors Weigh In On Air Products and Chemicals

A number of institutional investors have recently added to or reduced their stakes in APD. Evolution Wealth Management Inc. bought a new position in shares of Air Products and Chemicals in the first quarter valued at $25,000. Holos Integrated Wealth LLC bought a new position in shares of Air Products and Chemicals in the fourth quarter valued at $25,000. Richardson Financial Services Inc. increased its holdings in shares of 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 valued at $25,000 after buying an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Air Products and Chemicals in the fourth quarter valued at $25,000. Finally, Meeder Asset Management Inc. acquired a new stake in Air Products and Chemicals during the 4th quarter valued at $25,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Air Products and Chemicals

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

• Positive Sentiment: Q2 beat and guidance raise — Air Products reported adjusted Q2 EPS of $3.20 vs. consensus ~$3.06 and raised FY2026 adjusted EPS guidance to $13.00–13.25 (above prior outlook). Management cited stronger pricing, helium strength and new assets coming online. Q2 Results Release
• Positive Sentiment: Analyst upgrades and higher price targets — JPMorgan raised its target to $330 (overweight) and Wells Fargo to $340 (overweight), providing additional buy-side momentum. These lifts signal growing street confidence and imply double-digit upside vs. current levels. Benzinga
• Positive Sentiment: Capital discipline / capex reduction target — Management and press coverage note efforts to target ~$1B of capex reductions, which supports near?term cash flow and EPS durability. MSN
• Positive Sentiment: New commercial wins and helium positioning — Company disclosed strategic wins (Samsung semiconductor supply, NASA/Artemis support) and steps to strengthen helium supply (increased U.S. production, storage/liquefaction) — supportive for longer?term growth and pricing. Q2 Results Release
• Neutral Sentiment: Investor resources and transcripts — Multiple analyst notes, earnings call transcript and slide deck are available for deeper review; these are informational but don’t change the near?term narrative. Earnings Transcript
• Neutral Sentiment: AISTech trade show presence — Air Products will showcase low?carbon iron & steel solutions at AISTech2026 and donate to the AIST Foundation; positive from an ESG/business development angle but more long-term. AISTech2026
• Negative Sentiment: Profitability nuance — Some published summaries note a negative net margin metric (reflecting non?GAAP adjustments or one?time items), which is a reminder to vet GAAP vs. adjusted figures and any transient charges when modeling earnings. MarketBeat Earnings Summary

Air Products and Chemicals Company Profile

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.