Air Products and Chemicals (NYSE:APD) Given New $325.00 Price Target at Royal Bank Of Canada

Air Products and Chemicals (NYSE:APD) had its price target lowered by analysts at Royal Bank Of Canada from $350.00 to $325.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 26.24% from the company’s current price.

A number of other research firms have also recently issued reports on APD. The Goldman Sachs Group set a $335.00 price objective on Air Products and Chemicals in a report on Wednesday, October 1st. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Citigroup dropped their target price on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research note on Monday, October 6th. Mizuho set a $300.00 price target on shares of Air Products and Chemicals in a research note on Friday. Finally, Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a report on Friday, September 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average price target of $322.08.

Air Products and Chemicals Trading Down 0.5%

Shares of NYSE:APD traded down $1.34 during trading on Friday, reaching $257.46. The company’s stock had a trading volume of 608,973 shares, compared to its average volume of 1,255,032. Air Products and Chemicals has a 12 month low of $235.55 and a 12 month high of $341.14. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The firm’s 50 day simple moving average is $269.64 and its two-hundred day simple moving average is $278.05. The stock has a market capitalization of $57.30 billion, a PE ratio of 37.04, a price-to-earnings-growth ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a return on equity of 15.11% and a net margin of 12.86%.The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the company posted $3.56 EPS. The company’s revenue for the quarter was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS. FY 2026 guidance at 12.850-13.150 EPS. On average, research analysts predict that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Air Products and Chemicals

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Air Products and Chemicals by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company’s stock worth $6,000,040,000 after acquiring an additional 260,904 shares during the last quarter. State Street Corp raised its holdings in shares of Air Products and Chemicals by 1.9% during the second quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock worth $2,666,289,000 after purchasing an additional 180,056 shares during the last quarter. Dodge & Cox lifted its position in Air Products and Chemicals by 0.7% during the second quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock valued at $2,488,164,000 after purchasing an additional 61,678 shares during the period. JPMorgan Chase & Co. grew its position in Air Products and Chemicals by 5.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,434,228 shares of the basic materials company’s stock worth $1,814,839,000 after purchasing an additional 310,799 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Air Products and Chemicals by 0.5% in the second quarter. Geode Capital Management LLC now owns 5,134,550 shares of the basic materials company’s stock valued at $1,450,526,000 after acquiring an additional 27,256 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.