Air Products and Chemicals (NYSE:APD) Price Target Raised to $313.00

Air Products and Chemicals (NYSE:APD) had its target price lifted by Jefferies Financial Group from $300.00 to $313.00 in a research note released on Monday,Benzinga reports. They currently have a buy rating on the basic materials company’s stock.

A number of other research firms have also recently weighed in on APD. JPMorgan Chase & Co. decreased their price target on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Wolfe Research reissued an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, December 8th. Royal Bank Of Canada lowered their price target on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a report on Friday, November 7th. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 30th. Finally, Mizuho decreased their price objective on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and an average target price of $295.88.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $286.48 on Monday. The firm has a fifty day moving average of $255.63 and a 200-day moving average of $268.14. Air Products and Chemicals has a 52-week low of $229.11 and a 52-week high of $336.64. 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 has a market capitalization of $63.79 billion, a P/E ratio of -189.72, a PEG ratio of 2.72 and a beta of 0.87.

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

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is -474.17%.

Institutional Investors Weigh In On Air Products and Chemicals

Institutional investors and hedge funds have recently made changes to their positions in the company. Stonebridge Financial Group LLC MO bought a new position in Air Products and Chemicals during the fourth quarter worth $238,000. Ameritas Advisory Services LLC raised its holdings in shares of Air Products and Chemicals by 345.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 971 shares of the basic materials company’s stock worth $240,000 after purchasing an additional 753 shares during the period. Community Bank N.A. lifted its position in shares of Air Products and Chemicals by 20.5% in the 4th quarter. Community Bank N.A. now owns 12,922 shares of the basic materials company’s stock worth $3,192,000 after buying an additional 2,197 shares during the last quarter. Englebert Financial Advisers LLC acquired a new position in shares of Air Products and Chemicals in the 4th quarter valued at about $1,038,000. Finally, Fourth Dimension Wealth LLC boosted its holdings in shares of Air Products and Chemicals by 115.3% in the 4th quarter. Fourth Dimension Wealth LLC now owns 1,481 shares of the basic materials company’s stock valued at $366,000 after buying an additional 793 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

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.