Air Products and Chemicals (NYSE:APD) Rating Increased to Overweight at JPMorgan Chase & Co.

Air Products and Chemicals (NYSE:APD) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The brokerage presently has a $310.00 price target on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 8.88% from the company’s previous close.

Several other equities research analysts also recently weighed in on APD. Wells Fargo & Company raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $270.00 to $325.00 in a report on Friday, March 13th. Mizuho dropped their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $282.00 price target on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Weiss Ratings raised Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus target price of $300.88.

Air Products and Chemicals Stock Up 1.2%

APD opened at $284.72 on Friday. The stock’s 50 day moving average price is $275.50 and its 200 day moving average price is $265.96. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The stock has a market cap of $63.40 billion, a P/E ratio of -188.56, a P/E/G ratio of 2.76 and a beta of 0.88. Air Products and Chemicals has a 12 month low of $229.11 and a 12 month high of $301.11.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the previous year, the firm posted $2.86 EPS. The firm’s quarterly 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, research analysts predict that Air Products and Chemicals will post 12.69 earnings per share for the current year.

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.88% of the company’s stock.

Institutional Trading of Air Products and Chemicals

A number of large investors have recently added to or reduced their stakes in APD. Holos Integrated Wealth LLC acquired a new position in Air Products and Chemicals in the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. lifted its position in shares of Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Air Products and Chemicals during the 4th quarter worth $25,000. Meeder Asset Management Inc. acquired a new position in shares of Air Products and Chemicals in the 4th quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Air Products and Chemicals in the 4th quarter worth $25,000. 81.66% of the stock is currently owned by institutional investors.

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.