Air Products and Chemicals (NYSE:APD) Hits New 12-Month High – Should You Buy?

Shares of Air Products and Chemicals, Inc. (NYSE:APD) reached a new 52-week high on Thursday. The company traded as high as $324.00 and last traded at $313.3330, with a volume of 170,651 shares. The stock had previously closed at $318.87.

Air Products and Chemicals News Roundup

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

• Positive Sentiment: Fiscal Q4 adjusted EPS of $3.61 met consensus, while revenue rose 12.3% year over year to $3.56 billion, above estimates. The company also reported 12% growth in full-year adjusted EPS, reduced capital spending, and more than $2 billion in new electronics wins. Air Products fiscal 2026 results and guidance
• Positive Sentiment: Air Products forecast fiscal 2027 adjusted EPS of $14.15–$14.50, above its fiscal 2026 result of $13.45, indicating continued expected earnings growth.
• Positive Sentiment: RBC raised its price target to $359 and maintained an Outperform rating; Mizuho also raised its target, to $360, and kept an Outperform rating. RBC raises price target
• Neutral Sentiment: Barclays lowered its target to $346 from $353 but retained an Overweight rating, leaving its view positive while signaling a slightly reduced valuation outlook. Barclays recommendations
• Negative Sentiment: Reported GAAP results were weighed down by significant charges tied mainly to exiting two China coal-gasification projects. Full-year GAAP EPS was $2.39, far below adjusted EPS of $13.45, highlighting execution and project-related risks despite stronger core performance.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on APD shares. Evercore reiterated an “outperform” rating and issued a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Royal Bank Of Canada lifted their price objective on shares of Air Products and Chemicals from $346.00 to $359.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays dropped their price target on Air Products and Chemicals from $353.00 to $346.00 and set an “overweight” rating for the company in a research note on Friday. Citigroup lowered their target price on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Finally, UBS Group lowered their price target on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a research report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $334.24.

Air Products and Chemicals Trading Down 1.6%

The company has a 50-day moving average price of $294.94 and a 200-day moving average price of $290.92. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The firm has a market capitalization of $67.83 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 2.98 and a beta of 0.67.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, November 5th. The basic materials company reported $3.61 earnings per share for the quarter, hitting the consensus estimate of $3.61. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the previous year, the firm earned $3.39 EPS. The company’s revenue was up 12.3% on a year-over-year basis. As a group, research analysts forecast that Air Products and Chemicals, Inc. will post 14.40 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 8th. Stockholders of record on Monday, January 4th will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, January 4th. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

Institutional Trading of Air Products and Chemicals

Several institutional investors have recently bought and sold shares of the business. S&CO Inc. purchased a new stake in Air Products and Chemicals during the second quarter valued at about $27,733,000. Park National Corp OH raised its position in Air Products and Chemicals by 66.7% during the third quarter. Park National Corp OH now owns 24,538 shares of the basic materials company’s stock valued at $6,761,000 after acquiring an additional 9,817 shares in the last quarter. Neville Rodie & Shaw Inc. grew its stake in shares of Air Products and Chemicals by 1,457.1% in the third quarter. Neville Rodie & Shaw Inc. now owns 28,806 shares of the basic materials company’s stock worth $7,851,000 after acquiring an additional 26,956 shares during the last quarter. Robertson Stephens Wealth Management LLC raised its stake in Air Products and Chemicals by 1,352.9% during the third quarter. Robertson Stephens Wealth Management LLC now owns 13,309 shares of the basic materials company’s stock worth $3,627,000 after acquiring an additional 12,393 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Air Products and Chemicals by 26.7% during the 1st quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock worth $16,573,000 after purchasing an additional 12,020 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Company Profile