Equities Analysts Set Expectations for APD Q3 Earnings

Air Products and Chemicals, Inc. (NYSE:APD) – Equities research analysts at Seaport Res Ptn reduced their Q3 2025 EPS estimates for Air Products and Chemicals in a research note issued to investors on Wednesday, May 7th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $2.95 per share for the quarter, down from their prior estimate of $3.34. The consensus estimate for Air Products and Chemicals’ current full-year earnings is $12.69 per share. Seaport Res Ptn also issued estimates for Air Products and Chemicals’ Q4 2025 earnings at $3.47 EPS, FY2025 earnings at $11.96 EPS and FY2026 earnings at $13.04 EPS.

A number of other brokerages have also issued reports on APD. Bank of America lowered shares of Air Products and Chemicals from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $330.00 to $282.00 in a report on Tuesday, April 15th. BMO Capital Markets cut shares of Air Products and Chemicals from an “outperform” rating to a “market perform” rating in a research note on Friday, February 7th. BNP Paribas raised shares of Air Products and Chemicals to a “strong-buy” rating in a research report on Tuesday, February 11th. Wells Fargo & Company lowered their price objective on Air Products and Chemicals from $365.00 to $320.00 and set an “overweight” rating for the company in a research report on Wednesday, April 9th. Finally, Citigroup reduced their target price on Air Products and Chemicals from $373.00 to $345.00 and set a “buy” rating on the stock in a research report on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $330.38.

Air Products and Chemicals Stock Performance

NYSE APD opened at $271.05 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.96 and a current ratio of 1.11. The stock’s fifty day moving average is $279.33 and its two-hundred day moving average is $301.50. The firm has a market capitalization of $60.32 billion, a P/E ratio of 15.74, a price-to-earnings-growth ratio of 3.07 and a beta of 0.88. Air Products and Chemicals has a fifty-two week low of $243.69 and a fifty-two week high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, May 1st. The basic materials company reported $2.69 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.14). Air Products and Chemicals had a return on equity of 15.78% and a net margin of 31.88%. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the firm earned $2.85 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis.

Insider Activity

In other Air Products and Chemicals news, insider Francesco Maione sold 2,016 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $306.00, for a total value of $616,896.00. Following the sale, the insider now owns 3,834 shares of the company’s stock, valued at $1,173,204. This trade represents a 34.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Victoria Brifo sold 2,362 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $315.82, for a total value of $745,966.84. Following the transaction, the vice president now directly owns 10,045 shares of the company’s stock, valued at approximately $3,172,411.90. This represents a 19.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,000 shares of company stock valued at $3,423,034. 0.41% of the stock is currently owned by company insiders.

Institutional Trading of Air Products and Chemicals

Several hedge funds have recently added to or reduced their stakes in APD. Parvin Asset Management LLC purchased a new stake in shares of Air Products and Chemicals during the 4th quarter worth $715,000. SG Americas Securities LLC raised its stake in Air Products and Chemicals by 106.3% in the fourth quarter. SG Americas Securities LLC now owns 13,494 shares of the basic materials company’s stock valued at $3,914,000 after buying an additional 6,952 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Air Products and Chemicals by 59.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 374,442 shares of the basic materials company’s stock worth $111,488,000 after buying an additional 139,223 shares during the last quarter. Wedge Capital Management L L P NC acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth about $7,269,000. Finally, Diversify Wealth Management LLC increased its holdings in shares of Air Products and Chemicals by 88.2% in the 4th quarter. Diversify Wealth Management LLC now owns 10,490 shares of the basic materials company’s stock valued at $3,074,000 after acquiring an additional 4,916 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.