Q4 Earnings Estimate for APD Issued By KeyCorp

Air Products and Chemicals, Inc. (NYSE:APD) – Analysts at KeyCorp issued their Q4 2026 earnings per share estimates for shares of Air Products and Chemicals in a report issued on Thursday, September 10th. KeyCorp analyst S. Tiano expects that the basic materials company will post earnings of $3.63 per share for the quarter. KeyCorp 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’ FY2028 earnings at $14.45 EPS.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the company earned $3.09 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. 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.

Other research analysts also recently issued research reports about the stock. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $320.00 price objective on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Evercore reissued an “outperform” rating and set a $342.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 10th. Royal Bank Of Canada raised their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, UBS Group increased their target price on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. One 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $336.53.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $290.43 on Monday. The firm has a fifty day simple moving average of $299.81 and a two-hundred day simple moving average of $293.01. Air Products and Chemicals has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $64.68 billion, a P/E ratio of -1,320.13, a PEG ratio of 2.89 and a beta of 0.75.

Air Products and Chemicals Announces Dividend

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

Hedge Funds Weigh In On Air Products and Chemicals

A number of hedge funds have recently added to or reduced their stakes in APD. BlackRock Inc. purchased a new position in Air Products and Chemicals during the 2nd quarter valued at about $5,370,093,000. Norges Bank purchased a new stake in shares of Air Products and Chemicals in the 4th quarter worth approximately $1,063,906,000. Bank of America Corp DE purchased a new stake in shares of Air Products and Chemicals in the 2nd quarter worth approximately $1,216,976,000. Capital International Investors boosted its stake in shares of Air Products and Chemicals by 44.2% during the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after purchasing an additional 3,922,567 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Air Products and Chemicals during the second quarter valued at approximately $495,201,000. 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 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.