Seaport Res Ptn Issues Negative Forecast for APD Earnings

Air Products and Chemicals, Inc. (NYSE:APD) – Seaport Res Ptn reduced their Q1 2025 earnings per share estimates for Air Products and Chemicals in a research note issued on Monday, November 11th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings of $2.83 per share for the quarter, down from their prior estimate of $3.33. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.81 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals’ Q2 2025 earnings at $3.12 EPS, Q3 2025 earnings at $3.30 EPS, Q4 2025 earnings at $3.60 EPS, FY2025 earnings at $12.85 EPS and FY2026 earnings at $14.20 EPS.

Other research analysts have also issued research reports about the stock. Wells Fargo & Company upped their price objective on shares of Air Products and Chemicals from $280.00 to $330.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Vertical Research raised Air Products and Chemicals from a “hold” rating to a “buy” rating and set a $336.00 target price on the stock in a research report on Monday, October 7th. Evercore ISI upgraded Air Products and Chemicals from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $305.00 to $365.00 in a report on Monday, October 7th. The Goldman Sachs Group boosted their target price on shares of Air Products and Chemicals from $291.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Finally, Jefferies Financial Group upgraded shares of Air Products and Chemicals from a “hold” rating to a “buy” rating and upped their price objective for the stock from $295.00 to $364.00 in a report on Monday, October 7th. Nine investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $329.76.

Air Products and Chemicals Trading Up 1.0 %

Shares of NYSE APD opened at $315.88 on Wednesday. The business has a 50-day moving average price of $303.74 and a two-hundred day moving average price of $278.86. The company has a current ratio of 1.52, a quick ratio of 1.34 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $70.22 billion, a PE ratio of 18.31, a PEG ratio of 3.12 and a beta of 0.81. Air Products and Chemicals has a one year low of $212.24 and a one year high of $332.42.

Hedge Funds Weigh In On Air Products and Chemicals

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in shares of Air Products and Chemicals by 0.3% during the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 11,593 shares of the basic materials company’s stock worth $3,452,000 after purchasing an additional 34 shares in the last quarter. CX Institutional boosted its stake in Air Products and Chemicals by 2.6% during the third quarter. CX Institutional now owns 1,343 shares of the basic materials company’s stock worth $400,000 after buying an additional 34 shares in the last quarter. Bank of Stockton increased its holdings in Air Products and Chemicals by 1.9% in the 3rd quarter. Bank of Stockton now owns 1,813 shares of the basic materials company’s stock valued at $540,000 after buying an additional 34 shares during the period. Cape Investment Advisory Inc. raised its stake in shares of Air Products and Chemicals by 1.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 3,740 shares of the basic materials company’s stock valued at $906,000 after buying an additional 37 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Air Products and Chemicals by 22.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 203 shares of the basic materials company’s stock worth $60,000 after acquiring an additional 37 shares during the period. 81.66% of the stock is currently owned by institutional investors.

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.