Air Products and Chemicals (NYSE:APD) Releases Q4 2026 Earnings Guidance

Air Products and Chemicals (NYSE:APD) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.550-3.650 for the period, compared to the consensus EPS estimate of 3.520. The company issued revenue guidance of -. Air Products and Chemicals also updated its FY 2026 guidance to 13.390-13.490 EPS.

Air Products and Chemicals Trading Up 0.7%

Shares of NYSE:APD opened at $294.96 on Thursday. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87. The company’s 50 day moving average is $289.40 and its two-hundred day moving average is $286.38. The company has a market cap of $65.68 billion, a PE ratio of 31.21, a P/E/G ratio of 2.66 and a beta of 0.73. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (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 net margin of 16.91% and a return on equity of 16.11%. 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. Equities analysts predict that Air Products and Chemicals will post 13.22 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis 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 76.61%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on APD shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, May 4th. Citigroup raised their target price on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Sanford C. Bernstein boosted their target price on Air Products and Chemicals from $344.00 to $345.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Wells Fargo & Company upped their price target on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research note on Friday, May 1st. One investment 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 company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $326.88.

Insiders Place Their Bets

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.88% of the company’s stock.

Institutional Trading of Air Products and Chemicals

A number of large investors have recently bought and sold shares of APD. State Street Corp boosted its stake in Air Products and Chemicals by 3.7% during the 4th quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock worth $2,448,340,000 after purchasing an additional 352,012 shares during the period. Dodge & Cox increased its stake in Air Products and Chemicals by 2.6% in the fourth quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock valued at $2,281,627,000 after purchasing an additional 231,718 shares during the period. Viking Global Investors LP raised its holdings in shares of Air Products and Chemicals by 30.4% in the fourth quarter. Viking Global Investors LP now owns 4,782,534 shares of the basic materials company’s stock valued at $1,181,382,000 after buying an additional 1,115,415 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Air Products and Chemicals by 0.8% in the second quarter. Raymond James Financial Inc. now owns 3,122,067 shares of the basic materials company’s stock valued at $880,610,000 after buying an additional 25,790 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Air Products and Chemicals by 31.2% during the third quarter. Invesco Ltd. now owns 1,880,652 shares of the basic materials company’s stock worth $512,891,000 after buying an additional 447,724 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

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.