Air Products and Chemicals, Inc. Expected to Post FY2025 Earnings of $13.38 Per Share (NYSE:APD)

Air Products and Chemicals, Inc. (NYSE:APD) – Research analysts at Seaport Res Ptn reduced their FY2025 earnings per share estimates for shares of Air Products and Chemicals in a report released on Wednesday, April 17th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings of $13.38 per share for the year, down from their previous forecast of $13.45. Seaport Res Ptn currently has a “Neutral” rating on the stock. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.38 per share.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Monday, February 5th. The basic materials company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $3.00 by ($0.18). The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a return on equity of 16.84% and a net margin of 18.82%. The company’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.64 earnings per share.

APD has been the topic of a number of other reports. Bank of America upgraded Air Products and Chemicals from a “neutral” rating to a “buy” rating and set a $264.00 price objective on the stock in a report on Thursday, February 15th. Argus cut Air Products and Chemicals from a “buy” rating to a “hold” rating in a report on Monday, February 26th. TD Cowen decreased their price objective on Air Products and Chemicals from $345.00 to $305.00 and set an “outperform” rating on the stock in a report on Friday, February 16th. Wolfe Research began coverage on Air Products and Chemicals in a report on Friday, March 1st. They issued an “outperform” rating and a $279.00 price objective on the stock. Finally, Mizuho cut their target price on Air Products and Chemicals from $304.00 to $295.00 and set a “buy” rating on the stock in a research report on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $276.36.

Air Products and Chemicals Trading Down 0.6 %

APD opened at $231.67 on Friday. Air Products and Chemicals has a one year low of $212.24 and a one year high of $307.71. The stock has a market capitalization of $51.50 billion, a PE ratio of 22.11, a P/E/G ratio of 2.52 and a beta of 0.81. The business’s 50 day moving average price is $235.88 and its 200 day moving average price is $257.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.58 and a current ratio of 1.81.

Air Products and Chemicals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, April 1st will be given a dividend of $1.77 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $7.08 dividend on an annualized basis and a dividend yield of 3.06%. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.75. Air Products and Chemicals’s dividend payout ratio is currently 67.56%.

Institutional Trading of Air Products and Chemicals

Large investors have recently modified their holdings of the stock. Cape Cod Five Cents Savings Bank purchased a new stake in shares of Air Products and Chemicals during the third quarter worth $376,000. BKM Wealth Management LLC purchased a new stake in shares of Air Products and Chemicals during the fourth quarter worth $1,177,000. Bellwether Advisors LLC purchased a new position in Air Products and Chemicals in the third quarter valued at $501,000. Zenyatta Capital Management LP increased its holdings in Air Products and Chemicals by 46.7% in the fourth quarter. Zenyatta Capital Management LP now owns 22,000 shares of the basic materials company’s stock valued at $6,024,000 after buying an additional 7,000 shares during the last quarter. Finally, Bristol John W & Co. Inc. NY increased its holdings in Air Products and Chemicals by 37.6% in the fourth quarter. Bristol John W & Co. Inc. NY now owns 388,474 shares of the basic materials company’s stock valued at $106,364,000 after buying an additional 106,054 shares during the last quarter. Hedge funds and other institutional investors 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.