Seaport Res Ptn Issues Positive Forecast for APD Earnings

Air Products and Chemicals, Inc. (NYSE:APD) – Seaport Res Ptn increased their Q1 2025 EPS estimates for Air Products and Chemicals in a research note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings of $2.86 per share for the quarter, up from their previous forecast of $2.83. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.76 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals’ Q2 2025 earnings at $3.09 EPS, Q3 2025 earnings at $3.28 EPS, Q4 2025 earnings at $3.56 EPS, FY2025 earnings at $12.80 EPS and FY2026 earnings at $13.94 EPS.

A number of other brokerages have also issued reports on APD. Barclays upgraded shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $315.00 to $365.00 in a research report on Friday. Vertical Research upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating and set a $336.00 price target on the stock in a report on Monday, October 7th. Jefferies Financial Group upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating and upped their price target for the stock from $295.00 to $364.00 in a research note on Monday, October 7th. UBS Group upgraded Air Products and Chemicals from a “neutral” rating to a “buy” rating and set a $375.00 price target for the company in a report on Monday, November 18th. Finally, Citigroup upped their target price on Air Products and Chemicals from $345.00 to $365.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Six research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $335.65.

Air Products and Chemicals Stock Up 1.6 %

Shares of Air Products and Chemicals stock opened at $329.29 on Thursday. The stock has a market capitalization of $73.23 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 3.16 and a beta of 0.84. The business’s 50 day simple moving average is $309.89 and its 200-day simple moving average is $295.96. Air Products and Chemicals has a twelve month low of $212.24 and a twelve month high of $337.00. The company has a current ratio of 1.52, a quick ratio of 1.34 and a debt-to-equity ratio of 0.72.

Air Products and Chemicals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Tuesday, April 1st will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 2.17%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.77. The ex-dividend date of this dividend is Tuesday, April 1st. Air Products and Chemicals’s dividend payout ratio is currently 41.21%.

Institutional Trading of Air Products and Chemicals

A number of hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. boosted its position in Air Products and Chemicals by 2.4% during the 2nd quarter. Sei Investments Co. now owns 78,328 shares of the basic materials company’s stock worth $20,213,000 after buying an additional 1,852 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Air Products and Chemicals by 175.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,333 shares of the basic materials company’s stock valued at $352,000 after acquiring an additional 849 shares during the last quarter. Public Sector Pension Investment Board increased its position in Air Products and Chemicals by 67.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 8,540 shares of the basic materials company’s stock valued at $2,204,000 after purchasing an additional 3,451 shares during the period. Marshall Wace LLP lifted its position in shares of Air Products and Chemicals by 175.5% in the 2nd quarter. Marshall Wace LLP now owns 45,366 shares of the basic materials company’s stock worth $11,707,000 after purchasing an additional 28,901 shares during the period. Finally, Mill Creek Capital Advisors LLC bought a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $219,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

About Air Products and Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.