Seaport Res Ptn Has Positive Estimate for APD Q1 Earnings

Air Products and Chemicals, Inc. (NYSE:APD) – Equities research analysts at Seaport Res Ptn upped their Q1 2025 earnings per share (EPS) estimates for shares of Air Products and Chemicals in a report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will earn $2.86 per share for the quarter, up from their prior forecast of $2.83. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.77 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.

Several other research firms also recently issued reports on APD. Mizuho lifted their price target on shares of Air Products and Chemicals from $308.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 9th. Citigroup lifted their target price on Air Products and Chemicals from $345.00 to $365.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. reduced their price target on Air Products and Chemicals from $350.00 to $345.00 and set an “overweight” rating for the company in a report on Friday, November 8th. Wells Fargo & Company upgraded Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $330.00 to $350.00 in a report on Tuesday, January 14th. Finally, Jefferies Financial Group upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating and increased their target price for the company from $295.00 to $364.00 in a research note on Monday, October 7th. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and an average price target of $332.71.

Air Products and Chemicals Trading Down 0.9 %

APD opened at $316.87 on Thursday. The firm’s 50 day moving average is $309.74 and its 200-day moving average is $295.76. Air Products and Chemicals has a 52-week low of $212.24 and a 52-week high of $337.00. The company has a quick ratio of 1.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $70.46 billion, a P/E ratio of 18.44, a P/E/G ratio of 3.18 and a beta of 0.84.

Air Products and Chemicals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Tuesday, April 1st will be given a dividend of $1.79 per share. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.77. This represents a $7.16 annualized dividend and a dividend yield of 2.26%. Air Products and Chemicals’s dividend payout ratio (DPR) is 41.21%.

Institutional Trading of Air Products and Chemicals

Institutional investors have recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC lifted its holdings in Air Products and Chemicals by 3.0% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 4,121 shares of the basic materials company’s stock valued at $1,195,000 after acquiring an additional 121 shares during the last quarter. Perigon Wealth Management LLC raised its holdings in shares of Air Products and Chemicals by 15.1% in the 4th quarter. Perigon Wealth Management LLC now owns 1,400 shares of the basic materials company’s stock worth $437,000 after purchasing an additional 184 shares in the last quarter. Foundations Investment Advisors LLC lifted its stake in Air Products and Chemicals by 5.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 3,402 shares of the basic materials company’s stock valued at $987,000 after purchasing an additional 183 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Air Products and Chemicals by 44.3% during the fourth quarter. Pacer Advisors Inc. now owns 23,957 shares of the basic materials company’s stock worth $6,948,000 after buying an additional 7,353 shares in the last quarter. Finally, United Asset Strategies Inc. grew its position in Air Products and Chemicals by 1.5% in the fourth quarter. United Asset Strategies Inc. now owns 17,828 shares of the basic materials company’s stock worth $5,171,000 after buying an additional 259 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Company Profile

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