Citigroup Forecasts Strong Price Appreciation for Air Products and Chemicals (NYSE:APD) Stock

Air Products and Chemicals (NYSE:APD) had its price target hoisted by equities researchers at Citigroup from $245.00 to $272.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. Citigroup’s price objective would suggest a potential upside of 3.16% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Bank of America raised shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a research report on Thursday, January 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Air Products and Chemicals in a report on Monday, December 29th. Mizuho dropped their price objective on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Argus cut their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $293.80.

Air Products and Chemicals Stock Performance

APD opened at $263.68 on Wednesday. The business’s 50-day simple moving average is $253.60 and its 200 day simple moving average is $269.85. Air Products and Chemicals has a 52-week low of $229.11 and a 52-week high of $341.14. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. The firm has a market capitalization of $58.69 billion, a PE ratio of -148.13, a PEG ratio of 2.59 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period last year, the company earned $3.56 earnings per share. The business’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 and its FY 2026 guidance at 12.850-13.150 EPS. As a group, sell-side analysts expect that Air Products and Chemicals will post 12.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in APD. American Century Companies Inc. boosted its position in shares of Air Products and Chemicals by 10.4% during the second quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock valued at $16,258,000 after purchasing an additional 5,430 shares in the last quarter. Norden Group LLC lifted its position in Air Products and Chemicals by 167.3% during the second quarter. Norden Group LLC now owns 5,800 shares of the basic materials company’s stock valued at $1,636,000 after buying an additional 3,630 shares during the period. Aberdeen Group plc boosted its holdings in shares of Air Products and Chemicals by 4.1% during the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after buying an additional 4,492 shares in the last quarter. Swiss National Bank grew its position in shares of Air Products and Chemicals by 7.4% in the 2nd quarter. Swiss National Bank now owns 673,400 shares of the basic materials company’s stock worth $189,939,000 after buying an additional 46,200 shares during the period. Finally, Mather Group LLC. increased its stake in shares of Air Products and Chemicals by 5.4% in the 2nd quarter. Mather Group LLC. now owns 50,526 shares of the basic materials company’s stock worth $14,251,000 after acquiring an additional 2,571 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

About Air Products and Chemicals

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.