FY2026 Earnings Estimate for APD Issued By KeyCorp

Air Products and Chemicals, Inc. (NYSE:APD) – KeyCorp issued their FY2026 earnings estimates for Air Products and Chemicals in a report issued on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the basic materials company will post earnings of $13.47 per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $13.46 per share. KeyCorp also issued estimates for Air Products and Chemicals’ FY2027 earnings at $14.20 EPS.

Several other equities analysts have also recently weighed in on APD. Argus raised their price target on Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada upped their price objective on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. UBS Group increased their target price on Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Sanford C. Bernstein restated an “outperform” rating and issued a $373.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 31st. Finally, Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.53.

Air Products and Chemicals Price Performance

NYSE:APD opened at $293.72 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $65.41 billion, a P/E ratio of -1,335.08, a P/E/G ratio of 2.98 and a beta of 0.75. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $314.87. The business’s 50-day moving average is $300.99 and its 200 day moving average is $292.82.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.13. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. Air Products and Chemicals’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the company 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.

Institutional Investors Weigh In On Air Products and Chemicals

Several hedge funds and other institutional investors have recently made changes to their positions in APD. California State Teachers Retirement System lifted its holdings in shares of Air Products and Chemicals by 27,786.0% in the 2nd quarter. California State Teachers Retirement System now owns 72,163,618 shares of the basic materials company’s stock worth $21,156,930,000 after buying an additional 71,904,837 shares during the period. BlackRock Inc. purchased a new position in shares of Air Products and Chemicals during the second quarter valued at $5,370,093,000. Norges Bank bought a new stake in shares of Air Products and Chemicals in the fourth quarter valued at about $1,063,906,000. Bank of America Corp DE purchased a new stake in Air Products and Chemicals in the second quarter worth about $1,216,976,000. Finally, Capital International Investors grew its holdings in Air Products and Chemicals by 44.2% during the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock worth $3,160,023,000 after acquiring an additional 3,922,567 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and chemicals company headquartered in Allentown, Pennsylvania. Founded in 1940, the company supplies atmospheric and process gases, including oxygen, nitrogen, argon, hydrogen, helium, carbon monoxide and syngas, along with related equipment and technical services.

Air Products serves customers in industries such as refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings support applications including combustion, metal fabrication, semiconductor production, food preservation, medical care and industrial processing.