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SteelPeak Wealth LLC boosted its stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 396.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,745 shares of the basic materials company’s stock after buying an additional 3,790 shares during the period. SteelPeak Wealth LLC’s holdings in Air Products and Chemicals were worth $1,297,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in shares of Air Products and Chemicals by 712.2% in the third quarter. IFP Advisors Inc now owns 17,738 shares of the basic materials company’s stock valued at $4,841,000 after acquiring an additional 15,554 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in Air Products and Chemicals by 1,352.9% during the third quarter. Robertson Stephens Wealth Management LLC now owns 13,309 shares of the basic materials company’s stock worth $3,627,000 after purchasing an additional 12,393 shares in the last quarter. Lee Financial Co raised its holdings in Air Products and Chemicals by 1.3% during the third quarter. Lee Financial Co now owns 3,205 shares of the basic materials company’s stock worth $892,000 after purchasing an additional 40 shares in the last quarter. Frank Rimerman Advisors LLC raised its holdings in Air Products and Chemicals by 698.0% during the third quarter. Frank Rimerman Advisors LLC now owns 13,949 shares of the basic materials company’s stock worth $3,807,000 after purchasing an additional 12,201 shares in the last quarter. Finally, Birch Hill Investment Advisors LLC lifted its position in Air Products and Chemicals by 81.9% in the third quarter. Birch Hill Investment Advisors LLC now owns 16,714 shares of the basic materials company’s stock worth $4,604,000 after purchasing an additional 7,523 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Wall Street Analyst Weigh In APD has been the topic of a number of research reports. Wells Fargo & Company boosted their price objective on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Citigroup decreased their target price on Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Morgan Stanley set a $320.00 target price on Air Products and Chemicals in a report on Monday, August 3rd. Royal Bank Of Canada dropped their target price on shares of Air Products and Chemicals from $360.00 to $346.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Barclays started coverage on shares of Air Products and Chemicals in a research note on Monday, October 12th. They set an “overweight” rating and a $353.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average target price of $333.88.

View Our Latest Report on APD Air Products and Chemicals Stock Down 0.1% Shares of Air Products and Chemicals stock opened at $299.19 on Monday. The stock’s fifty day moving average is $293.80 and its 200-day moving average is $293.29. The firm has a market capitalization of $66.63 billion, a PE ratio of -1,359.98, a price-to-earnings-growth ratio of 2.82 and a beta of 0.76. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate 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 business 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 business posted $3.09 earnings per share. Air Products and Chemicals’s 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. Equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

(Free Report)

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.

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Forbes J M & Co. LLP increased its holdings in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 1,827.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,183 shares of the basic materials company’s stock after buying an additional 56,113 shares during the period. Air Products and Chemicals accounts for 1.2% of Forbes J M & Co. LLP’s investment portfolio, making the stock its 26th biggest position. Forbes J M & Co. LLP’s holdings in Air Products and Chemicals were worth $16,124,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in shares of Air Products and Chemicals during the first quarter valued at approximately $25,000. Fiduciary Financial Advisors purchased a new stake in shares of Air Products and Chemicals in the second quarter worth about $25,000. Cornerstone Planning Group LLC lifted its holdings in shares of Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 70 shares during the last quarter. Main Street Group LTD bought a new stake in Air Products and Chemicals during the 1st quarter valued at $27,000. Finally, MJT & Associates Financial Advisory Group Inc. raised its position in shares of Air Products and Chemicals by 77.6% in the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.9% NYSE:APD opened at $299.19 on Friday. The stock has a fifty day simple moving average of $293.80 and a 200 day simple moving average of $293.28. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The firm has a market capitalization of $66.63 billion, a price-to-earnings ratio of -1,359.98, a price-to-earnings-growth ratio of 2.82 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the prior year, the business posted $3.09 earnings per share. Air Products and Chemicals’s revenue for the quarter 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. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year. Air Products and Chemicals Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders 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 dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

Wall Street Analyst Weigh In APD has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft restated 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. KeyCorp began coverage on Air Products and Chemicals in a report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Argus boosted their price objective on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Royal Bank Of Canada reduced their price objective on shares of Air Products and Chemicals from $360.00 to $346.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $373.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $333.88.

Check Out Our Latest Research Report on APD

(Free Report)

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.

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Dow and LyondellBasell slashed their dividends while Air Products kept raising its payout, and the reason comes down to a structural difference that most yield screens completely miss.

Dow (NYSE:DOW | DOW Price Prediction) and LyondellBasell (NYSE:LYB) both cut their dividends after a long slump in petrochemicals. Air Products (NYSE:APD) kept raising its payout, and its quarterly dividend now stands at $1.81. All three are large chemical companies, but they earn money in very different ways, and for anyone living on dividend checks that difference matters more than the reported yield. Below we check each payout against free cash flow, earnings, and the balance sheet.

Dow: Half the Dividend, Now Backed by Cash Flow
Dow paid $0.70 per quarter for six years. Its records show that amount on every payment from the 2019-05-30 ex-dividend date through 2025-05-30. With the declaration dated 2025-07-24, the board cut the payout to $0.35. That rate has held through the most recent payment on 2026-09-11.

It amounts to $1.40 a year. With the shares at $29.95, the forward yield is about 4.67%. The yield is high, though well short of ultra-high territory.

Dividend Safety Read
The smaller dividend is now covered by cash. In the second quarter, Dow generated $692M of free cash flow and paid $253M in dividends. In the first quarter, it produced $621M of free cash flow against $252M in dividends. Across the first half, free cash flow covered the payout about 2.6 times. Earnings are lower. Trailing diluted EPS is -$1.88, but second-quarter adjusted EPS came in at $1.44, beating the $1.28 estimate, on revenue of $12.09B.

On the balance sheet, management reported about $14 billion of available liquidity and no substantial debt due dates until 2029. Cash stood at $3.97B. Total liabilities are still large at $44.2B, compared with $17.4B of equity. Chief Financial Officer Jeff Tate said, “One of the things that we are going to continue to stay committed to is our investment grade credit profile.”

Bull Case for Income Investors
Dow is restructuring its cost base. The company raised its full-year self-help target to more than $1.3 billion and still sees a $2 billion total opportunity by the end of next year. Investors have responded: the stock is up 32.4% year to date, and the shares trade at about 14 times forward earnings. The reduced dividend is now small enough for cash flow to cover it.

Key Risk
The second quarter looks like a peak. Third-quarter EBITDA was guided to about $1.7 billion, down from $2.3 billion in the second quarter, and the company said excess cash goes to paying down debt first. Shareholders should not expect a raise soon.

LyondellBasell: A Smaller Payout With Only One Strong Quarter Behind It
LyondellBasell had raised its dividend steadily for years, from $1.05 per quarter in 2020 to $1.37 in 2025. The last payment at that rate had a 2025-12-01 ex-dividend date. The next declaration, dated 2026-02-19, set the payout at $0.69, and it has stayed there since.

Screens that use trailing payments still show a 6.87% yield, because they count dividends paid before the cut. The figure that matters for your income is the forward rate. At $2.76 a year and a price of $63.98, LyondellBasell yields about 4.31%. The yield is high, but below the ultra-high mark.

Dividend Safety Read
Coverage has been uneven. In the second quarter, operating cash flow was $752M and capex was $270M, leaving about $482 million of free cash flow. That covered the $224M dividend roughly 2.15 times. The first quarter went the other way: operating cash flow was -$269M because of a seasonal working-capital build, so first-half free cash flow came to about -$56 million. Trailing diluted EPS is -$0.85, dragged down by an $842M after-tax charge on the European sale.

The company ended the quarter with $2.6 billion of cash and $7.1 billion of liquidity. Management ranks the dividend just below the credit rating. As the CFO put it, “Investment grade continues to be paramount… Our dividends as well continue to be an important piece of it.”

Bull Case for Income Investors
LyondellBasell has become a smaller, leaner company. It has cut headcount by about 3,400 employees or 17% of its workforce and expects its cash improvement plan to add $500 million of cash flow by the end of 2026. Second-quarter adjusted EPS of $4.30 beat the $3.43 estimate, and the stock trades at about 9 times forward earnings.

Key Risk
A temporary event drove the second quarter. Management said the Middle East conflict interrupted production and trade across the industry, and North American crackers ran at about 95% as a result. Third-quarter guidance calls for operating rates of about 85%. As that boost fades, cash coverage gets tighter.

Air Products: Industrial Gases Kept the Raises Coming
Air Products went the other way. Starting with the 2026-04-01 ex-dividend date, it raised its quarterly payout from $1.79 to $1.81. Its dividend records show a higher quarterly rate in every year from 1999 through 2026, with no cuts. At $7.24 a year and a price of $300.63, the forward yield is about 2.41%. That is the lowest yield of the three, and it has the best record behind it.

Why Industrial Gases Behave Differently
Dow and LyondellBasell sell polyethylene and other commodity chemicals. Their prices rise and fall with global supply, so their profits swing with the cycle. Air Products supplies oxygen, nitrogen, and hydrogen under long-term contracts, often from plants built right next to the customer’s facility. That makes its cash flow act more like a utility’s. Its adjusted operating margin reached 25.6% in the fiscal third quarter, while commodity producers were still working through overcapacity.

Dividend Safety Read
The company guides fiscal 2026 adjusted EPS to $13.39 to $13.49. Against that range, the annualized dividend takes up about 54% of earnings. The CFO said “year to date, we are free cash flow positive”, and the company has returned $1.2 billion through dividends so far this fiscal year. Net debt runs 2.1 times EBITDA, and management wants to work back to a higher credit rating over time.

Bull Case for Income Investors
Chipmakers are driving the growth. Air Products secured more than $1.5 billion of project wins in the last six months, and close to two-thirds of its opportunities are in electronics. Management has also said clearly that raises will continue: “We will want to invest in high return projects first and foremost, continue to increase our dividend, and share buybacks will become part of that program.” The stock is up 190.18% over ten years and trades at about 20 times forward earnings.

Key Risk
Leaving the clean-energy projects was expensive. About $2.9B of pre-tax charges drove fiscal third-quarter GAAP EPS to -$6.47. Investors who sized up this stock on its old capex plans now have to trust management’s discipline on new projects.

What Income Investors Should Watch Next
Dow and LyondellBasell both cut their payouts to levels their cash flow can carry. For Dow, watch whether free cash flow keeps covering the dividend as EBITDA moves toward its third-quarter guidance. For LyondellBasell, watch whether cash flow holds up without the Middle East supply disruption. Air Products earned its long record of higher annual payouts with contracted cash flow. For Air Products, keep an eye on the payout ratio as the electronics backlog comes online.

Contact [email protected] for any questions or corrections.

Assenagon Asset Management S.A. grew its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 12,453.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 660,826 shares of the basic materials company’s stock after buying an additional 655,562 shares during the quarter. Assenagon Asset Management S.A. owned 0.30% of Air Products and Chemicals worth $179,864,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. State Street Corp grew its position in Air Products and Chemicals by 277.4% during the second quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock valued at $10,597,451,000 after acquiring an additional 28,050,956 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Air Products and Chemicals during the second quarter worth approximately $5,370,093,000. Bank of America Corp DE lifted its holdings in shares of Air Products and Chemicals by 14.3% in the 1st quarter. Bank of America Corp DE now owns 4,443,531 shares of the basic materials company’s stock worth $1,290,801,000 after acquiring an additional 556,188 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Air Products and Chemicals by 326.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company’s stock worth $927,010,000 after acquiring an additional 2,563,873 shares during the last quarter. Finally, Aristotle Capital Management LLC lifted its holdings in shares of Air Products and Chemicals by 0.5% in the 1st quarter. Aristotle Capital Management LLC now owns 2,683,883 shares of the basic materials company’s stock worth $779,665,000 after acquiring an additional 14,262 shares during the last quarter. 81.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets APD has been the topic of several recent research reports. Barclays started coverage on shares of Air Products and Chemicals in a report on Monday. They set an “overweight” rating and a $353.00 target price on the stock. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a research note on Monday, August 3rd. UBS Group decreased their price objective on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Argus lifted their price objective on Air Products and Chemicals from $316.00 to $329.00 and gave the stock a “buy” rating in a report on Wednesday, September 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $333.88.

Read Our Latest Report on Air Products and Chemicals Air Products and Chemicals Stock Performance Shares of APD stock opened at $296.49 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The firm has a market capitalization of $66.03 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 2.75 and a beta of 0.76. The stock has a fifty day moving average of $293.89 and a 200 day moving average of $293.24.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period last year, the company posted $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. As a group, research analysts expect that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -3,290.91%.

(Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

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Perpetual Ltd lowered its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 98.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,649 shares of the basic materials company’s stock after selling 143,656 shares during the quarter. Perpetual Ltd’s holdings in Air Products and Chemicals were worth $459,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new position in Air Products and Chemicals during the 1st quarter worth $25,000. Fiduciary Financial Advisors purchased a new stake in shares of Air Products and Chemicals in the 2nd quarter worth $25,000. Main Street Group LTD purchased a new stake in shares of Air Products and Chemicals in the 1st quarter worth $27,000. Cornerstone Planning Group LLC lifted its holdings in shares of Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after buying an additional 70 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. grew its position in shares of Air Products and Chemicals by 77.6% during the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 103 shares of the basic materials company’s stock worth $28,000 after buying an additional 45 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades Several brokerages have recently commented on APD. UBS Group cut their price target on Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Weiss Ratings downgraded Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Royal Bank Of Canada upped their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Finally, KeyCorp began coverage on shares of Air Products and Chemicals in a report on Thursday, September 10th. They set a “sector weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $334.71.

View Our Latest Research Report on Air Products and Chemicals Air Products and Chemicals Trading Up 1.2% Air Products and Chemicals stock opened at $292.42 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The stock has a market cap of $65.12 billion, a PE ratio of -1,329.18, a price-to-earnings-growth ratio of 2.72 and a beta of 0.76. The stock has a 50-day moving average of $293.95 and a two-hundred day moving average of $293.21. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the firm earned $3.09 earnings per share. The company’s revenue was up 4.6% on a year-over-year basis. 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. On average, research analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid 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 is presently -3,290.91%.

(Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

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Key Takeaways APD to build Malaysia's first LNG-based ASU, set to start by early 2027.The new ASU will produce over 600 tons of industrial gases daily for Malaysia's industrial market.APD will harness LNG regasification cold energy to cut energy use and emissions while expanding gas supply. Air Products and Chemicals, Inc. (APD - Free Report) has entered a definitive agreement with PG Cold Energy 1 Sdn. Bhd. to design, build and operate the country’s first LNG-based air separation unit (ASU), expanding Air Products’ production capabilities in Southern and Central Malaysia. The project, located at the Pengerang LNG regasification terminal in Johor, is expected to come online by early 2027.

The facility will produce more than 600 tons per day of liquid oxygen, nitrogen and argon. The company plans to supply the merchant market and meet rising demand from the electrical and electronics, petrochemical, aerospace and manufacturing sectors. This adds to APD’s LNG-based ASUs in Asia.

The project is particularly beneficial for its energy efficiency. It will use cold energy generated during the LNG regasification process to liquefy air at low temperatures, reducing energy consumption and production-related emissions. This should enable Air Products to provide customers with lower-emission industrial gas solutions.

The investment also reinforces the company’s long-standing relationship with PETRONAS Gas Berhad. With operations in Malaysia dating back to 1974, Air Products has established a broad network of production facilities and depots across the country. The new ASU is expected to enhance Air Products’ supply capabilities, strengthen its position in key industrial hubs and support long-term growth in Malaysia’s expanding manufacturing sectors.

APD shares have gained 5.8% in the past year against the industry’s 0.3% decline in the same period.

Image Source: Zacks Investment Research

APD’s Zacks Rank & Other Key PicksAPD currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the Basic Materials space are Reliance, Inc. (RS - Free Report) , Axalta Coating Systems Ltd. (AXTA - Free Report) and Cabot Corporation (CBT - Free Report) .

RS, AXTA and CBT carry a Zacks Rank #2 each. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for RS’ 2026 earnings is pegged at $23.23 per share, indicating a 62.9% year-over-year increase. RS’shares have gained 41.8% over the past year.

The Zacks Consensus Estimate for AXTA’s fiscal 2026 earnings is pegged at $2.63 per share, indicating a rise of 5.62% year over year. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, with an average surprise of 6.45%.

The Zacks Consensus Estimate for CBT’s current fiscal-year earnings is pinned at $6.53 per share. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, with an average surprise of 4.56%. CBT’sshares have gained 5.8% over the past year.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Air Products and Chemicals (APD - Free Report) . This company, which is in the Zacks Chemical - Diversified industry, shows potential for another earnings beat.

This seller of gases for industrial, medical and other uses has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.10%.

For the most recent quarter, Air Products and Chemicals was expected to post earnings of $3.36 per share, but it reported $3.47 per share instead, representing a surprise of 3.27%. For the previous quarter, the consensus estimate was $3.05 per share, while it actually produced $3.2 per share, a surprise of 4.92%.

Price and EPS Surprise

For Air Products and Chemicals, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Air Products and Chemicals has an Earnings ESP of +0.79% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Ferguson Wellman Capital Management Inc. boosted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 5,835.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,826 shares of the basic materials company’s stock after purchasing an additional 155,167 shares during the period. Ferguson Wellman Capital Management Inc. owned about 0.07% of Air Products and Chemicals worth $42,964,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Heartwood Wealth Advisors LLC purchased a new stake in Air Products and Chemicals during the 3rd quarter valued at $1,807,000. Rockland Trust Co. boosted its stake in shares of Air Products and Chemicals by 3.4% in the 3rd quarter. Rockland Trust Co. now owns 67,572 shares of the basic materials company’s stock worth $18,801,000 after buying an additional 2,250 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Air Products and Chemicals by 267.6% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 77,419 shares of the basic materials company’s stock worth $21,196,000 after acquiring an additional 56,359 shares during the period. Planning Strategies Inc. increased its position in Air Products and Chemicals by 10.7% during the third quarter. Planning Strategies Inc. now owns 393 shares of the basic materials company’s stock valued at $109,000 after acquiring an additional 38 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in Air Products and Chemicals by 277.2% during the third quarter. Versant Capital Management Inc now owns 5,216 shares of the basic materials company’s stock valued at $1,427,000 after acquiring an additional 3,833 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance NYSE:APD traded up $3.96 during trading hours on Monday, hitting $281.54. 232,947 shares of the stock traded hands, compared to its average volume of 1,287,494. The company has a market cap of $62.70 billion, a price-to-earnings ratio of -1,280.13, a price-to-earnings-growth ratio of 2.61 and a beta of 0.76. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.87. The stock has a 50 day moving average price of $295.87 and a 200 day moving average price of $293.35. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the prior year, the company posted $3.09 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year. Air Products and Chemicals Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Analyst Ratings Changes Several research analysts have issued reports on APD shares. KeyCorp started coverage on Air Products and Chemicals in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. Royal Bank Of Canada upped their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Argus boosted their price objective on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research report on Wednesday, September 9th. Finally, Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $334.69.

Check Out Our Latest Analysis on Air Products and Chemicals

Air Products and Chemicals Company Profile (Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

Read More Five stocks we like better than Air Products and Chemicals A Manufacturing Surprise Could Be a Big Win for These 2 Companies What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks Insiders Are Selling These 3 Stocks, Should You?

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Heartwood Wealth Advisors LLC bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 6,625 shares of the basic materials company’s stock, valued at approximately $1,807,000.

A number of other large investors have also recently bought and sold shares of the stock. State Street Corp increased its holdings in Air Products and Chemicals by 277.4% during the 2nd quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock valued at $10,597,451,000 after purchasing an additional 28,050,956 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Air Products and Chemicals during the second quarter worth $5,370,093,000. Capital International Investors raised its holdings in shares of Air Products and Chemicals by 44.2% in 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 buying an additional 3,922,567 shares during the last quarter. Capital Research Global Investors lifted its position in Air Products and Chemicals by 1.2% during the 4th quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock worth $2,940,665,000 after buying an additional 137,595 shares in the last quarter. Finally, Bank of America Corp DE increased its position in Air Products and Chemicals by 14.3% in the 1st quarter. Bank of America Corp DE now owns 4,443,531 shares of the basic materials company’s stock valued at $1,290,801,000 after acquiring an additional 556,188 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Argus raised their price target on Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a report on Wednesday, September 9th. Citigroup boosted their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. UBS Group set a $305.00 target price on Air Products and Chemicals in a report on Monday. Finally, Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $334.69.

View Our Latest Analysis on Air Products and Chemicals Air Products and Chemicals Price Performance NYSE:APD traded up $3.84 during trading hours on Monday, reaching $281.41. 240,394 shares of the company were exchanged, compared to its average volume of 1,287,494. The business has a 50 day moving average of $295.87 and a 200 day moving average of $293.35. The company has a market capitalization of $62.67 billion, a P/E ratio of -1,279.12, a P/E/G ratio of 2.61 and a beta of 0.76. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping 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 company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the business earned $3.09 earnings per share. Air Products and Chemicals’s revenue was up 4.6% on a year-over-year basis. 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. Research analysts forecast that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Air Products and Chemicals Company Profile (Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

Read More Five stocks we like better than Air Products and Chemicals A Manufacturing Surprise Could Be a Big Win for These 2 Companies What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks Insiders Are Selling These 3 Stocks, Should You? Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

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Park National Corp OH grew its stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 66.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,538 shares of the basic materials company’s stock after buying an additional 9,817 shares during the period. Park National Corp OH’s holdings in Air Products and Chemicals were worth $6,761,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Evolution Wealth Management Inc. purchased a new position in Air Products and Chemicals in the first quarter worth $25,000. Fiduciary Financial Advisors purchased a new stake in Air Products and Chemicals during the second quarter valued at about $25,000. Cornerstone Planning Group LLC lifted its stake in Air Products and Chemicals by 318.2% during the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 70 shares during the last quarter. Main Street Group LTD purchased a new position in shares of Air Products and Chemicals in the 1st quarter worth about $27,000. Finally, Bell Investment Advisors Inc bought a new position in shares of Air Products and Chemicals during the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In APD has been the subject of a number of recent research reports. UBS Group set a $305.00 target price on Air Products and Chemicals in a research report on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Mizuho upped their price objective on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. KeyCorp initiated coverage on shares of Air Products and Chemicals in a report on Thursday, September 10th. They set a “sector weight” rating on the stock. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $373.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $334.69.

Read Our Latest Research Report on Air Products and Chemicals Air Products and Chemicals Trading Up 1.4% APD stock traded up $3.81 during midday trading on Monday, hitting $281.38. The company had a trading volume of 250,665 shares, compared to its average volume of 1,287,578. The stock has a market cap of $62.66 billion, a price-to-earnings ratio of -1,279.07, a PEG ratio of 2.61 and a beta of 0.76. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock’s 50 day moving average price is $295.87 and its 200 day moving average price is $293.35.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its earnings results 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. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the business earned $3.09 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. 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. As a group, equities research analysts expect that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Air Products and Chemicals Company Profile (Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

Featured Articles Five stocks we like better than Air Products and Chemicals A Manufacturing Surprise Could Be a Big Win for These 2 Companies What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks Insiders Are Selling These 3 Stocks, Should You? Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

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MassMutual Private Wealth & Trust FSB increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 267.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,419 shares of the basic materials company’s stock after buying an additional 56,359 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Air Products and Chemicals were worth $21,196,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Gamco Investors INC. ET AL boosted its position in Air Products and Chemicals by 0.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock worth $1,147,000 after acquiring an additional 35 shares during the period. Revisor Wealth Management LLC lifted its position in shares of Air Products and Chemicals by 0.8% in the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after purchasing an additional 36 shares in the last quarter. Baader Bank Aktiengesellschaft boosted its holdings in shares of Air Products and Chemicals by 0.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after purchasing an additional 37 shares during the period. Northcape Wealth Management LLC grew its position in Air Products and Chemicals by 0.4% during the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock valued at $2,566,000 after purchasing an additional 37 shares in the last quarter. Finally, Planning Strategies Inc. grew its position in Air Products and Chemicals by 10.7% during the third quarter. Planning Strategies Inc. now owns 393 shares of the basic materials company’s stock valued at $109,000 after purchasing an additional 38 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance Shares of NYSE:APD opened at $277.98 on Monday. The business has a 50-day moving average of $295.87 and a two-hundred day moving average of $293.35. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The stock has a market capitalization of $61.90 billion, a P/E ratio of -1,263.56, a P/E/G ratio of 2.61 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted 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 the consensus estimate of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. Air Products and Chemicals’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.09 EPS. 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. On average, equities research analysts predict that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year. Air Products and Chemicals Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

Analyst Ratings Changes A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research note on Monday, August 3rd. KeyCorp initiated coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They issued a “sector weight” rating on the stock. Argus lifted their price objective on Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research report on Wednesday, September 9th. Royal Bank Of Canada boosted their target price on Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Citigroup upped their target price on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $336.62.

Read Our Latest Report on APD

Air Products and Chemicals Company Profile (Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

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The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Air Products and Chemicals (APD - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.

Air Products and Chemicals is one of 294 companies in the Basic Materials group. The Basic Materials group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Air Products and Chemicals is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for APD's full-year earnings has moved 1.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, APD has moved about 10.7% on a year-to-date basis. At the same time, Basic Materials stocks have gained an average of 9.8%. As we can see, Air Products and Chemicals is performing better than its sector in the calendar year.

Another stock in the Basic Materials sector, Teck Resources Ltd (TECK - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 36.2%.

For Teck Resources Ltd, the consensus EPS estimate for the current year has increased 24.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, Air Products and Chemicals belongs to the Chemical - Diversified industry, a group that includes 32 individual companies and currently sits at #111 in the Zacks Industry Rank. On average, stocks in this group have gained 8.1% this year, meaning that APD is performing better in terms of year-to-date returns.

Teck Resources Ltd, however, belongs to the Mining - Miscellaneous industry. Currently, this 99-stock industry is ranked #187. The industry has moved +17.7% so far this year.

Investors with an interest in Basic Materials stocks should continue to track Air Products and Chemicals and Teck Resources Ltd. These stocks will be looking to continue their solid performance.

Key Takeaways APD's projects, pricing actions and productivity efforts are expected to support earnings and margins.Air Products raised fiscal 2026 adjusted earnings guidance to $13.39-$13.49 per share.APD's fiscal 2026 and 2027 earnings estimates rose 1.8% and 1.5%, respectively, over 60 days. Air Products and Chemicals, Inc. (APD - Free Report) is well-positioned to benefit from its investments in high-return industrial gas projects, strategic acquisitions and productivity measures.

We are positive about APD’s prospects and believe that the time is right for you to add the stock to the portfolio, as it looks promising and is poised to carry the momentum ahead.

Let’s take a look at the factors that make APD stock a compelling choice for investors right now.

Positive Analyst Sentiment for APD StockEarnings estimates for APD have risen over the past 60 days. The Zacks Consensus Estimate for fiscal 2026 has increased by 1.8%. The consensus estimate for fiscal 2027 has also been revised 1.5% upward over the same time frame. The favorable estimate revisions instill investor confidence in the stock.

The Zacks Consensus Estimate for APD’s fiscal 2026 earnings is pegged at $13.46, suggesting an 11.9% increase from the previous year’s tally. Earnings are projected to increase by 7.2% in fiscal 2027.

Image Source: Zacks Investment Research

APD’s Positive Earnings Surprise HistoryAir Products has outpaced the Zacks Consensus Estimate in three of the trailing four quarters. In this time frame, it has delivered an earnings surprise of roughly 2.9%, on average.

APD’s Superior Return on Equity (ROE)ROE is a measure of a company’s efficiency in utilizing shareholders’ funds. ROE for the trailing 12-months for Air Products is 16.9%, above the industry’s level of 7.6%.

Image Source: Zacks Investment Research

Air Products’ Upbeat OutlookAir Products raised its fiscal 2026 adjusted earnings guidance to $13.39-$13.49 per share from the prior range of $13.00-$13.25. For the fourth quarter of fiscal 2026, Air Products expects adjusted earnings of $3.55-$3.65 per share, implying 5-8% growth from the prior-year period. The growth is expected to be supported by new asset contributions, pricing actions and productivity initiatives.

APD Gains on High-Return Projects & Productivity ActionsAir Products is benefiting from investments in high-return projects, new business deals, acquisitions and productivity initiatives. It remains focused on its gasification strategy and is executing its key growth projects. These projects are expected to be accretive to earnings and cash flows.

The company has an industrial gas backlog of roughly $3 billion in projects, mainly supporting electronics customers. It plans to invest about $1.5 billion annually in traditional industrial gas projects.

Air Products is currently pursuing the NEOM green hydrogen project in Saudi Arabia. The project is expected to supply up to 1.2 million tons per year of renewable ammonia. Air Products and Yara International have finalized a marketing and distribution agreement for renewable ammonia from the project. Under the deal, Yara will transport and market green ammonia not sold by Air Products as renewable hydrogen.

Air Products is also driving productivity to improve its cost structure. It is seeing the positive impacts of its productivity actions. Benefits from additional productivity and cost improvement programs are likely to support its margins moving ahead. The company also remains focused on improving pricing amid an inflationary environment. Air Products is also taking action to right-size the organization through headcount reductions and expects these reductions to result in $250 million in annual cost savings once completed. It has already realized roughly $75 million in savings from headcount reductions, as divulged in its fiscal third-quarter earnings call.

APD’s Zacks Rank & Key PicksAPD currently carries a Zacks Rank #2 (Buy).

Other top-ranked stocks in the Basic Materials space are Intrepid Potash, Inc. (IPI - Free Report) , Innospec Inc. (IOSP - Free Report) and Avient Corporation (AVNT - Free Report) . IPI currently carries a Zacks Rank #1 (Strong Buy), while IOSP and AVNT carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for IPI’s current-year earnings stands at $1.86 per share, implying a 29.2% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 37.4%.

The Zacks Consensus Estimate for IOSP’s current-year earnings has increased by 3.9% over the past 60 days. Its earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average surprise being 12.9%.

The Zacks Consensus Estimate for AVNT’s current-year earnings is pegged at $3.2 per share, indicating a 13.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average surprise being 3.4%.

Key Takeaways Air Products will invest about $250M in Arizona to support semiconductor manufacturing and packaging.The project includes hydrogen units, CO2 purification and bulk gas systems with storage and pipelines.Air Products says two recent semiconductor supply wins represent more than $900M in combined investment. Air Products and Chemicals, Inc. (APD - Free Report) has landed a long-term agreement with a leading semiconductor manufacturer to supply high-purity industrial gases and related infrastructure for production expansion in the United States. This agreement marks the second semiconductor manufacturing supply win recently announced by Air Products, with the two projects representing a combined investment of more than $900 million.

Under the agreement, Air Products will invest approximately $250 million in Arizona to build, own and operate gas supply infrastructure supporting semiconductor manufacturing and advanced packaging operations. This investment includes PRISM hydrogen generation units, carbon dioxide purification systems, bulk gas systems for helium, hydrogen and carbon dioxide, and associated storage, purification, analytical equipment and pipeline infrastructure.

The contracts highlight the company's role as a supplier to capitalize on growing demand for reliable, high-purity gases amid the expansion of semiconductor manufacturing capacity in the United States. Air Products has served the global electronics industry for more than 40 years. Its Chandler, AZ, facility has supported the Phoenix semiconductor ecosystem since 1981 and operates an ultra-high-purity nitrogen pipeline network across the greater Phoenix area. Its established infrastructure and technical expertise will serve the increasingly demanding requirements of advanced semiconductor manufacturing.

APD’s shares have lost 1.8% in the past year compared with the industry’s 3.2% decline in the same period.

Image Source: Zacks Investment Research

APD’s Zacks Rank & Key PicksAPD currently carries a Zacks Rank #3 (Hold)

Some better-ranked stocks in the Basic Materials space are Reliance, Inc. (RS - Free Report) , Kronos Worldwide, Inc. (KRO - Free Report) and Avient Corporation (AVNT - Free Report) .

While RS currently sports a Zacks Rank #1 (Strong Buy), KRO and AVNT carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for RS’ 2026 earnings is pegged at $22.23 per share, indicating a 55.89% year-over-year increase. RS’shares have gained 37.1% over the past year.

The Zacks Consensus Estimate for KRO’s 2026 earnings is pegged at 35 cents per share, indicating a rise of 136.46% year over year. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing it in the rest, with an average surprise of 33.99%.

The Zacks Consensus Estimate for AVNT’s current-year earnings is pinned at $3.2 per share, indicating a 13.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%. AVNT’sshares have gained 12.6% over the past year.

New Arizona investment will support advanced semiconductor manufacturing with reliable, high-purity hydrogen, helium and carbon dioxide supply

, /PRNewswire/ -- Air Products (NYSE:APD) today announced it has signed a long-term agreement with one of the leading semiconductor manufacturers to supply high-purity industrial gases and related infrastructure to support the customer's plant and production expansion plans in the United States (U.S.). This is the second semiconductor manufacturing supply win Air Products has recently announced with a combined investment of more than $900 million overall with the two projects.

Air Products will invest approximately $250 million in Arizona to build, own and operate new gas supply infrastructure for the customer's semiconductor manufacturing and advanced packaging operations. The investment includes PRISM® hydrogen generation units, carbon dioxide purification units, bulk gas systems for helium, hydrogen, and carbon dioxide, and associated storage, purification, analytical equipment and pipeline infrastructure. Supply is targeted to come onstream in phases.

"This investment further reinforces Air Products' role as a trusted supplier and reflects our commitment to grow with our customers globally. It also underscores our world-class performance in safety, reliability and operational excellence, which are critical to meeting the increasingly demanding requirements of advanced semiconductor manufacturing. The long-term win in the U.S. strengthens our established global relationship with this strategic and important customer," said Francesco Maione, Air Products' President, Americas, Helium and Rare Gases.

Air Products has served the global electronics industry for more than 40 years, supplying critical gases, technology and applications expertise to many of the world's leading semiconductor manufacturers. Since 1981, the company's Chandler, Arizona facility has supported the growth of the Phoenix semiconductor ecosystem. The facility also operates an ultra-high purity nitrogen pipeline network serving customer locations across the greater Phoenix area, providing the scale, reliability and technical expertise required by advanced semiconductor manufacturing.

About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world's largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

SOURCE Air Products

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Investors interested in Chemical - Diversified stocks are likely familiar with Akzo Nobel NV (AKZOY) and Air Products and Chemicals (APD). But which of these two companies is the best option for those looking for undervalued stocks?

Baird Financial Group Inc. lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 39.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 138,740 shares of the basic materials company’s stock after purchasing an additional 39,070 shares during the period. Baird Financial Group Inc. owned about 0.06% of Air Products and Chemicals worth $40,676,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new position in Air Products and Chemicals in the fourth quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new position in Air Products and Chemicals in the 1st quarter worth $25,000. Fiduciary Financial Advisors purchased a new position in Air Products and Chemicals during the second quarter valued at $25,000. Meeder Asset Management Inc. bought a new stake in Air Products and Chemicals during the fourth quarter valued at about $25,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Air Products and Chemicals during the fourth quarter valued at about $25,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Shares of APD stock opened at $295.49 on Thursday. The company’s fifty day simple moving average is $301.38 and its two-hundred day simple moving average is $292.73. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The stock has a market cap of $65.80 billion, a P/E ratio of -1,343.12, a PEG ratio of 3.00 and a beta of 0.75. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share 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 analyst estimates of $3.20 billion. During the same quarter last year, the business posted $3.09 earnings per share. The business’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. Analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year. Air Products and Chemicals Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a yield of 2.5%. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

Wall Street Analyst Weigh In APD has been the topic of several recent research reports. Citigroup raised their price objective on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $320.00 price objective on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Wells Fargo & Company increased their target price on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Royal Bank Of Canada raised their target price on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Finally, Evercore reaffirmed an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.53.

Read Our Latest Stock Analysis on Air Products and Chemicals

Air Products and Chemicals Profile (Free Report)

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.

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Anchor Capital Advisors LLC lessened its position in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 3.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 209,608 shares of the basic materials company’s stock after selling 8,438 shares during the quarter. Anchor Capital Advisors LLC owned approximately 0.09% of Air Products and Chemicals worth $61,453,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. HORAN Wealth LLC increased its stake in shares of Air Products and Chemicals by 2.3% during the second quarter. HORAN Wealth LLC now owns 11,940 shares of the basic materials company’s stock valued at $3,501,000 after purchasing an additional 263 shares in the last quarter. CYBER HORNET ETFs LLC boosted its position in shares of Air Products and Chemicals by 433.0% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 3,251 shares of the basic materials company’s stock worth $953,000 after purchasing an additional 2,641 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Air Products and Chemicals by 27,786.0% in the 2nd quarter. California State Teachers Retirement System now owns 72,163,618 shares of the basic materials company’s stock worth $21,156,930,000 after buying an additional 71,904,837 shares during the last quarter. Studio Investment Management LLC increased its position in Air Products and Chemicals by 4.0% during the 2nd quarter. Studio Investment Management LLC now owns 3,130 shares of the basic materials company’s stock valued at $918,000 after buying an additional 119 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its position in Air Products and Chemicals by 215.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 2,573 shares of the basic materials company’s stock valued at $754,000 after buying an additional 1,758 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance Shares of APD stock opened at $301.19 on Tuesday. 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 company has a 50 day moving average price of $301.50 and a 200-day moving average price of $292.52. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The firm has a market capitalization of $67.07 billion, a PE ratio of -1,369.05, a P/E/G ratio of 3.04 and a beta of 0.75.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm earned $3.09 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year. Air Products and Chemicals Dividend Announcement The company 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 $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Wall Street Analyst Weigh In A number of research firms have recently commented on APD. Mizuho increased their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Citigroup upped their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Royal Bank Of Canada raised their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Wells Fargo & Company lifted their target price on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus price target of $332.76.

Read Our Latest Analysis on APD

(Free Report)

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.

Further Reading Five stocks we like better than Air Products and Chemicals 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

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Connor Clark & Lunn Investment Management Ltd. purchased a new position in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,111 shares of the basic materials company’s stock, valued at approximately $912,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. Evolution Wealth Management Inc. bought a new position in shares of Air Products and Chemicals during the first quarter valued at $25,000. Meeder Asset Management Inc. purchased a new position in shares of Air Products and Chemicals in the 4th quarter worth about $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Air Products and Chemicals in the 4th quarter worth about $25,000. Finally, Motiv8 Investments LLC bought a new position in Air Products and Chemicals in the 4th quarter worth about $26,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.1% Air Products and Chemicals stock opened at $308.27 on Monday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The business’s fifty day moving average is $298.34 and its 200 day moving average is $291.69. The stock has a market capitalization of $68.65 billion, a PE ratio of -1,401.23, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.Air Products and Chemicals’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.09 EPS. 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. On average, sell-side analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year. Air Products and Chemicals Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Analysts Set New Price Targets Several analysts recently commented on the stock. Morgan Stanley set a $320.00 price objective on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Citigroup upped their target price on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Mizuho increased their price target on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Weiss Ratings downgraded shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Finally, Wells Fargo & Company boosted their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average price target of $332.76.

View Our Latest Stock Report on APD

(Free Report)

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.

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Key Takeaways Air Products raised fiscal 2026 adjusted earnings guidance to $13.39-$13.49 per share.APD has a roughly $3 billion industrial gas project backlog, mainly supporting electronics customers.Productivity actions and headcount cuts are expected to support margins and $250 million in annual savings. Air Products and Chemicals, Inc. (APD - Free Report) is benefiting from investments in high-return projects, new business deals, acquisitions and productivity initiatives.

We are positive about APD’s prospects and believe that the time is right for you to add the stock to the portfolio, as it looks promising and is poised to carry the momentum ahead.

Let's see what makes APD stock an attractive investment option at the moment.

Positive Analyst Sentiment for APD StockEarnings estimates for APD have been going up over the past 60 days. The Zacks Consensus Estimate for fiscal 2026 has increased by 1.6%. The consensus estimate for fiscal 2027 has also been revised 1.5% upward over the same time frame. The favorable estimate revisions instill investor confidence in the stock.

The Zacks Consensus Estimate for APD’s fiscal 2026 earnings is pegged at $13.43, suggesting a 11.6% increase from the previous year’s tally. Earnings are projected to increase by 7.5% in fiscal 2027.

Image Source: Zacks Investment Research

APD’s Positive Earnings Surprise HistoryAir Products has outpaced the Zacks Consensus Estimate in three of the trailing four quarters. In this time frame, it has delivered an earnings surprise of roughly 2.9%, on average.

APD’s Superior Return on Equity (ROE)ROE is a measure of a company’s efficiency in utilizing shareholders’ funds. ROE for the trailing 12-months for Air Products is 16.9%, above the industry’s level of 7.6%.

Image Source: Zacks Investment Research

Upbeat OutlookAir Products raised its fiscal 2026 adjusted earnings guidance to $13.39-$13.49 per share from the prior range of $13.00-$13.25. For the fourth quarter of fiscal 2026, Air Products expects adjusted earnings of $3.55-$3.65 per share, implying 5-8% growth from the prior-year period. The growth is expected to be supported by new asset contributions, pricing actions and productivity initiatives.

High-Return Projects & Productivity Actions Aid Air ProductsAir Products is well-placed to gain from its investments in high-return industrial gas projects and productivity measures. It remains focused on its gasification strategy and is executing its key growth projects. These projects are expected to be accretive to earnings and cash flows.

The company has an industrial gas backlog of roughly $3 billion in projects, mainly supporting electronics customers. It plans to invest about $1.5 billion annually in traditional industrial gas projects.

Air Products is currently pursuing the NEOM green hydrogen project in Saudi Arabia. The project is expected to supply up to 1.2 million tons per year of renewable ammonia. Air Products and Yara International have finalized a marketing and distribution agreement for renewable ammonia from the project. Under the deal, Yara will transport and market green ammonia not sold by Air Products as renewable hydrogen.

Air Products is also driving productivity to improve its cost structure. It is seeing the positive impacts of its productivity actions. Benefits from additional productivity and cost improvement programs are likely to support its margins moving ahead. The company also remains focused on improving pricing amid an inflationary environment. Air Products is also taking action to right-size the organization through headcount reductions and expects these reductions to result in $250 million in annual cost savings once completed. It has already realized roughly $75 million in savings from headcount reductions, as divulged in its fiscal third-quarter earnings call.

APD’s Zacks Rank & Key PicksAPD currently carries a Zacks Rank #2 (Buy).

Other top-ranked stocks in the Basic Materials space are Worthington Steel, Inc. (WS - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) . WS currently carries a Zacks Rank #1 (Strong Buy), while CRS and AVNT carry a Zacks Rank #2 each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for WS’s current-year earnings stands at $3.4 per share, implying a 52.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the negative average surprise being 13.8%.

The Zacks Consensus Estimate for CRS’s current fiscal-year earnings is pegged at $13.08 per share, implying a 21.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average surprise being 8.4%.

 The Zacks Consensus Estimate for AVNT’s current-year earnings is pegged at $3.2 per share, indicating a 13.5% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average surprise being 3.4%.

Investors interested in stocks from the Chemical - Diversified sector have probably already heard of Akzo Nobel NV (AKZOY - Free Report) and Air Products and Chemicals (APD - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Currently, both Akzo Nobel NV and Air Products and Chemicals are holding a Zacks Rank of #2 (Buy). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that these stocks have improving earnings outlooks. But this is just one factor that value investors are interested in.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.

AKZOY currently has a forward P/E ratio of 16.08, while APD has a forward P/E of 22.81. We also note that AKZOY has a PEG ratio of 1.90. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. APD currently has a PEG ratio of 2.66.

Another notable valuation metric for AKZOY is its P/B ratio of 2.07. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, APD has a P/B of 4.11.

These metrics, and several others, help AKZOY earn a Value grade of B, while APD has been given a Value grade of F.

Both AKZOY and APD are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that AKZOY is the superior value option right now.

Bank of New York Mellon Corp bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,689,067 shares of the basic materials company’s stock, valued at approximately $495,201,000. Bank of New York Mellon Corp owned approximately 0.76% of Air Products and Chemicals as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in Air Products and Chemicals by 14.5% in the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after purchasing an additional 412 shares during the last quarter. Bison Wealth LLC bought a new stake in Air Products and Chemicals during the fourth quarter valued at about $245,000. Sei Investments Co. grew its position in shares of Air Products and Chemicals by 197.6% in the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock valued at $79,498,000 after purchasing an additional 187,142 shares during the last quarter. Treasurer of the State of North Carolina grew its position in shares of Air Products and Chemicals by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after purchasing an additional 2,171 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its stake in shares of Air Products and Chemicals by 52.5% in the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock worth $1,873,000 after purchasing an additional 2,229 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analysts Set New Price Targets A number of brokerages recently issued reports on APD. UBS Group boosted their target price on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Wells Fargo & Company increased their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Sanford C. Bernstein restated an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a report on Friday, July 31st. Citigroup upped their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average target price of $332.76.

Check Out Our Latest Stock Analysis on Air Products and Chemicals Air Products and Chemicals Trading Up 1.7% NYSE:APD opened at $305.55 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The firm has a market capitalization of $68.04 billion, a price-to-earnings ratio of -1,388.86, a PEG ratio of 2.61 and a beta of 0.73. The business’s 50-day moving average price is $295.82 and its two-hundred day moving average price is $290.75.

Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.09 earnings per share. 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. On average, equities analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is presently -3,290.91%.

(Free Report)

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.

Read More Five stocks we like better than Air Products and Chemicals Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

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BlackRock Inc. bought a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,316,711 shares of the basic materials company’s stock, valued at approximately $5,370,093,000. BlackRock Inc. owned about 8.23% of Air Products and Chemicals as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of APD. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Air Products and Chemicals by 5.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock worth $121,909,000 after buying an additional 23,760 shares during the last quarter. Castle Rock Wealth Management LLC purchased a new stake in Air Products and Chemicals in the 4th quarter valued at about $1,649,000. S&CO Inc. acquired a new position in shares of Air Products and Chemicals during the 2nd quarter valued at about $27,733,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Air Products and Chemicals by 22.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,511 shares of the basic materials company’s stock worth $10,007,000 after acquiring an additional 7,485 shares during the period. Finally, Staley Capital Advisers Inc. lifted its holdings in shares of Air Products and Chemicals by 108.2% during the 4th quarter. Staley Capital Advisers Inc. now owns 144,032 shares of the basic materials company’s stock worth $35,579,000 after acquiring an additional 74,868 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on APD shares. Wells Fargo & Company boosted their target price on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, July 31st. JPMorgan Chase & Co. increased their price target on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday, August 3rd. Evercore reissued an “outperform” rating and set a $342.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 10th. Finally, Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the stock a “buy” rating in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $332.76.

View Our Latest Analysis on APD Air Products and Chemicals Price Performance APD stock opened at $300.68 on Tuesday. The firm has a market cap of $66.96 billion, a P/E ratio of -1,366.73, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.87. The stock has a 50-day simple moving average of $293.96 and a 200-day simple moving average of $289.79.

Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, topping the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.Air Products and Chemicals’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.09 EPS. 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. On average, equities analysts predict that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

(Free Report)

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.

Read More Five stocks we like better than Air Products and Chemicals Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

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Posted by Defense World Staff on Aug 8th, 2026

Abner Herrman & Brock LLC cut its position in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 67.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,709 shares of the basic materials company’s stock after selling 5,656 shares during the quarter. Abner Herrman & Brock LLC’s holdings in Air Products and Chemicals were worth $794,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Richardson Financial Services Inc. lifted its stake in shares of Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after buying an additional 97 shares during the period. Lloyd Advisory Services LLC. bought a new stake in shares of Air Products and Chemicals in the 4th quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Air Products and Chemicals during the 1st quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new stake in Air Products and Chemicals during the fourth quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Air Products and Chemicals during the 4th quarter valued at about $25,000. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth APD has been the subject of several recent analyst reports. Bank of America increased their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Morgan Stanley set a $320.00 price target on shares of Air Products and Chemicals in a report on Monday. Wells Fargo & Company boosted their price objective on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Sanford C. Bernstein reiterated an “outperform” rating and set a $373.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 31st. Finally, UBS Group increased their price target on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Read Our Latest Stock Analysis on Air Products and Chemicals

Air Products and Chemicals Stock Performance NYSE APD opened at $303.35 on Friday. The company has a market cap of $67.55 billion, a P/E ratio of -1,378.84, a PEG ratio of 2.61 and a beta of 0.73. The company has a fifty day simple moving average of $290.90 and a 200 day simple moving average of $287.76. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.09 EPS. 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. Sell-side analysts predict that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement 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 of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

About Air Products and Chemicals (Free Report)

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.

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