Air Products and Chemicals (NYSE:APD) Price Target Raised to $336.00

Air Products and Chemicals (NYSE:APD) had its target price upped by analysts at UBS Group from $330.00 to $336.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. UBS Group’s price objective suggests a potential upside of 13.61% from the stock’s current price.

Several other analysts also recently commented on APD. Morgan Stanley raised their price objective on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. increased their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Mizuho lifted their price target on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, May 4th. Finally, BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a research report on Friday, May 1st. One 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 data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $331.76.

Air Products and Chemicals Trading Down 1.5%

Shares of APD stock traded down $4.46 during mid-day trading on Friday, hitting $295.74. The company’s stock had a trading volume of 1,463,888 shares, compared to its average volume of 1,361,502. The company has a market cap of $65.86 billion, a PE ratio of 31.30, a P/E/G ratio of 2.67 and a beta of 0.73. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The company’s fifty day simple moving average is $289.60 and its 200-day simple moving average is $286.63. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping the consensus estimate of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, equities research analysts expect that Air Products and Chemicals will post 13.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Air Products and Chemicals

Hedge funds have recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals during the 1st quarter worth approximately $25,000. Cornerstone Planning Group LLC lifted its holdings in shares of Air Products and Chemicals by 318.2% in the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 70 shares in the last quarter. Main Street Group LTD purchased a new position in shares of Air Products and Chemicals during the first quarter valued at approximately $27,000. Richardson Financial Services Inc. grew its holdings in Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new stake in Air Products and Chemicals during the fourth quarter worth $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Key Air Products and Chemicals News

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

• Positive Sentiment: Fiscal third-quarter adjusted EPS was $3.47, above the $3.34 consensus estimate and up from $3.09 a year earlier. Higher on-site volumes, pricing and favorable currency effects supported results, while adjusted operating income reached $810 million. Air Products Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $13.39-$13.49, above the $13.22 analyst consensus, and forecast fourth-quarter adjusted EPS of $3.55-$3.65 versus expectations of $3.52. The outlook suggests continued earnings momentum despite portfolio changes. Air Products Projects Fiscal 2026 EPS Guidance
• Positive Sentiment: Mizuho raised its APD price target from $345 to $355 and maintained an “outperform” rating, indicating confidence in the company’s earnings outlook and potential upside. Mizuho Raises Air Products Price Target
• Neutral Sentiment: Air Products announced a long-term Taiwan electronics agreement covering four air-separation units, bulk-gas systems and pipelines, potentially strengthening its exposure to semiconductor demand. It also finalized a renewable-ammonia marketing agreement connected to Saudi Arabia’s NEOM Green Hydrogen Project. Air Products Strategic Project Updates
• Negative Sentiment: Reported GAAP results were sharply negative: Air Products posted a $6.47 loss per share and a $2.1 billion operating loss, largely because of charges tied to business and asset actions, including the Louisiana project exit. Revenue of $3.16 billion also fell short of the $3.20 billion consensus, tempering the adjusted earnings beat. Air Products Swings to Third-Quarter Loss
• Negative Sentiment: Fiscal 2026 capital spending is now expected to be approximately $3.5 billion, following $2.9 billion in Louisiana-related charges. While the reduction may preserve cash, it also reflects the cancellation or discontinuation of major clean-energy projects and raises questions about future growth investment. Air Products Cuts Capital Spending After Louisiana Charge

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.