What is Seaport Res Ptn's Forecast for APD Q3 Earnings?

Air Products and Chemicals, Inc. (NYSE:APD - Free Report) - Investment analysts at Seaport Res Ptn increased their Q3 2025 earnings per share estimates for Air Products and Chemicals in a research note issued on Monday, February 10th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings per share of $3.32 for the quarter, up from their previous estimate of $3.28. 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' Q4 2025 earnings at $3.61 EPS, Q1 2026 earnings at $3.22 EPS, Q2 2026 earnings at $3.38 EPS, Q3 2026 earnings at $3.54 EPS and Q4 2026 earnings at $3.78 EPS.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The basic materials company reported $2.86 earnings per share for the quarter, missing the consensus estimate of $3.13 by ($0.27). Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%.

A number of other analysts have also recently commented on the company. Citigroup boosted their price objective on Air Products and Chemicals from $345.00 to $365.00 and gave the company a "buy" rating in a research report on Monday, November 11th. UBS Group boosted their price objective on Air Products and Chemicals from $375.00 to $385.00 and gave the company a "buy" rating in a research report on Tuesday, January 28th. BMO Capital Markets cut Air Products and Chemicals from an "outperform" rating to a "market perform" rating in a research report on Friday, February 7th. Sanford C. Bernstein upgraded Air Products and Chemicals from a "market perform" rating to an "outperform" rating and set a $375.00 price objective for the company in a research report on Friday, January 31st. Finally, Barclays upgraded Air Products and Chemicals from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $315.00 to $365.00 in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of "Moderate Buy" and an average price target of $339.94.

Air Products and Chemicals Stock Performance

APD stock traded up $1.58 during trading on Thursday, hitting $316.74. 1,171,412 shares of the company traded hands, compared to its average volume of 1,907,431. The stock's 50-day simple moving average is $308.36 and its 200 day simple moving average is $303.65. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.11 and a quick ratio of 1.34. The company has a market cap of $70.44 billion, a PE ratio of 18.39, a P/E/G ratio of 3.47 and a beta of 0.85. Air Products and Chemicals has a 1 year low of $220.26 and a 1 year high of $341.14.

Air Products and Chemicals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $1.79 per share. The ex-dividend date is Tuesday, April 1st. This represents a $7.16 dividend on an annualized basis and a yield of 2.26%. This is a positive change from Air Products and Chemicals's previous quarterly dividend of $1.77. Air Products and Chemicals's payout ratio is 41.11%.

Insider Buying and Selling

In related news, VP Sean D. Major sold 4,500 shares of the stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $315.46, for a total transaction of $1,419,570.00. Following the transaction, the vice president now owns 14,273 shares of the company's stock, valued at approximately $4,502,560.58. This represents a 23.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Melissa N. Schaeffer sold 3,233 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $307.32, for a total value of $993,565.56. Following the transaction, the chief financial officer now directly owns 10,680 shares in the company, valued at approximately $3,282,177.60. The trade was a 23.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,749 shares of company stock valued at $3,030,032. Corporate insiders own 0.41% of the company's stock.

Institutional Trading of Air Products and Chemicals

Hedge funds have recently added to or reduced their stakes in the stock. Truvestments Capital LLC acquired a new stake in Air Products and Chemicals during the 3rd quarter worth approximately $25,000. Generali Investments Management Co LLC acquired a new stake in Air Products and Chemicals during the 4th quarter worth approximately $26,000. Sierra Ocean LLC acquired a new stake in Air Products and Chemicals during the 4th quarter worth approximately $30,000. Raleigh Capital Management Inc. lifted its holdings in shares of Air Products and Chemicals by 69.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 105 shares of the basic materials company's stock valued at $30,000 after buying an additional 43 shares during the period. Finally, Financial Life Planners acquired a new stake in shares of Air Products and Chemicals in the 4th quarter valued at approximately $31,000. 81.66% of the stock is owned by institutional investors and hedge funds.

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.