Seaport Res Ptn Issues Negative Forecast for APD Earnings

Air Products and Chemicals, Inc. (NYSE:APD - Free Report) - Research analysts at Seaport Res Ptn lowered their Q2 2025 earnings per share (EPS) estimates for Air Products and Chemicals in a research note issued to investors on Monday, February 10th. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will earn $2.83 per share for the quarter, down from their prior forecast of $3.09. 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' FY2025 earnings at $12.61 EPS and FY2026 earnings at $13.91 EPS.

A number of other equities research analysts also recently commented on APD. Bank of America downgraded Air Products and Chemicals from a "buy" rating to a "neutral" rating and set a $350.00 target price on the stock. in a research report on Monday, January 27th. Wells Fargo & Company boosted their target price on Air Products and Chemicals from $350.00 to $365.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. UBS Group boosted their target price on Air Products and Chemicals from $375.00 to $385.00 and gave the stock a "buy" rating in a research report on Tuesday, January 28th. BMO Capital Markets downgraded Air Products and Chemicals from an "outperform" rating to a "market perform" rating in a research report on Friday, February 7th. Finally, Barclays upgraded Air Products and Chemicals from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $315.00 to $365.00 in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $339.94.

Air Products and Chemicals Price Performance

Shares of NYSE APD traded up $1.58 during mid-day trading on Wednesday, reaching $316.74. The company's stock had a trading volume of 1,171,412 shares, compared to its average volume of 1,907,431. The firm has a market capitalization of $70.44 billion, a PE ratio of 18.39, a P/E/G ratio of 3.47 and a beta of 0.85. 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 stock has a fifty day moving average of $308.36 and a two-hundred day moving average of $303.10. Air Products and Chemicals has a 52 week low of $220.26 and a 52 week high of $341.14.

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

Hedge Funds Weigh In On Air Products and Chemicals

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APD. Exchange Traded Concepts LLC raised its stake in Air Products and Chemicals by 22.3% in 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 last quarter. ORG Wealth Partners LLC purchased a new position in shares of Air Products and Chemicals during the 3rd quarter valued at about $105,000. CX Institutional raised its stake in shares of Air Products and Chemicals by 2.6% during the 3rd quarter. CX Institutional now owns 1,343 shares of the basic materials company's stock valued at $400,000 after buying an additional 34 shares during the last quarter. Creative Planning raised its stake in shares of Air Products and Chemicals by 3.1% during the 3rd quarter. Creative Planning now owns 71,202 shares of the basic materials company's stock valued at $21,200,000 after buying an additional 2,131 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. raised its stake in shares of Air Products and Chemicals by 1.8% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 4,186 shares of the basic materials company's stock valued at $1,246,000 after buying an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company's stock.

Insider Buying and Selling

In other news, VP Sean D. Major sold 4,500 shares of the stock in a transaction on 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 completion of the sale, the vice president now owns 14,273 shares in the company, valued at approximately $4,502,560.58. This represents a 23.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Melissa N. Schaeffer sold 3,233 shares of the firm's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $307.32, for a total value of $993,565.56. Following the completion of the transaction, the chief financial officer now owns 10,680 shares of the company's stock, valued at $3,282,177.60. This trade represents a 23.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,749 shares of company stock valued at $3,030,032 over the last quarter. 0.41% of the stock is owned by corporate insiders.

Air Products and Chemicals Increases Dividend

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

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.