Air Products and Chemicals (NYSE:APD) Price Target Lowered to $310.00 at UBS Group

Air Products and Chemicals (NYSE:APD) had its price objective cut by UBS Group from $350.00 to $310.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the basic materials company’s stock.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company lifted their target price on Air Products and Chemicals from $320.00 to $345.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Citigroup dropped their price objective on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Air Products and Chemicals in a research note on Wednesday, October 8th. Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Finally, Royal Bank Of Canada dropped 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 research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $315.83.

Air Products and Chemicals Trading Up 0.3%

Shares of NYSE:APD traded up $0.71 during mid-day trading on Friday, reaching $259.50. 1,666,214 shares of the company were exchanged, compared to its average volume of 1,260,091. Air Products and Chemicals has a 1 year low of $235.55 and a 1 year high of $341.14. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.29 and a quick ratio of 1.12. The firm’s 50-day simple moving average is $268.94 and its 200 day simple moving average is $278.07. The firm has a market cap of $57.75 billion, a price-to-earnings ratio of 37.34, a P/E/G ratio of 5.16 and a beta of 0.81.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same period in the prior year, the firm earned $3.56 earnings per share. The firm’s revenue 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. Equities research analysts forecast that Air Products and Chemicals will post 12.69 EPS for the current year.

Institutional Investors Weigh In On Air Products and Chemicals

Several institutional investors have recently modified their holdings of the company. Saudi Central Bank purchased a new position in Air Products and Chemicals in the first quarter valued at $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Air Products and Chemicals during the 2nd quarter worth about $28,000. Traub Capital Management LLC purchased a new position in shares of Air Products and Chemicals in the 2nd quarter valued at about $28,000. Cheviot Value Management LLC acquired a new stake in shares of Air Products and Chemicals during the 1st quarter worth about $27,000. Finally, Abound Wealth Management lifted its stake in Air Products and Chemicals by 292.3% during the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 76 shares during the last quarter. 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.