Air Products and Chemicals (NYSE:APD – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday.
Several other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Citigroup reduced their price target on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. Royal Bank Of Canada lowered 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 report on Friday, November 7th. Argus cut their price target on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Air Products and Chemicals in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $302.67.
View Our Latest Stock Report on APD
Air Products and Chemicals Trading Down 0.3%
Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.18 billion. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The business’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Analysts predict that Air Products and Chemicals will post 12.69 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings 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 purchasing an additional 260,904 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Air Products and Chemicals by 2.4% in the third quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock valued at $3,209,068,000 after acquiring an additional 272,197 shares during the period. State Street Corp grew its stake in shares of Air Products and Chemicals by 1.1% during the third quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock valued at $2,607,065,000 after buying an additional 106,578 shares during the last quarter. Dodge & Cox lifted its holdings in Air Products and Chemicals by 2.1% during the 3rd quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock valued at $2,455,814,000 after buying an additional 183,492 shares in the last quarter. Finally, Capital International Investors increased its stake in shares of Air Products and Chemicals by 7.4% during the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after buying an additional 609,489 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.
Featured Articles
- Five stocks we like better than Air Products and Chemicals
- How to trade using analyst ratings
- Disney’s $1 Billion Deal Brings Its Magic to OpenAI
- Investing in Travel Stocks Benefits
- Why Amazon Could Be a $300 Stock Within Weeks
- Best Stocks Under $10.00
- Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside
Receive News & Ratings for Air Products and Chemicals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Products and Chemicals and related companies with MarketBeat.com's FREE daily email newsletter.
