Air Products (APD) jumps 4.4% as investors refocus on FY2026 guidance and a Q1 earnings beat

Air Products and Chemicals, Inc. (APD) is up 4.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to investors revisiting the company’s recent quarterly update, which showed adjusted EPS above guidance and reiterated full-year FY2026 earnings expectations and capital spending plans. Positive sentiment may also be supported by new contract wins and the company’s continued emphasis on cost discipline.

Details:

The company reported fiscal Q1 2026 adjusted EPS of $3.16, above the top end of its guidance range, alongside higher adjusted operating income versus the prior year period.

Management maintained full-year fiscal 2026 adjusted EPS guidance of $12.85 to $13.15 and reiterated expected fiscal 2026 capital expenditures of about $4.0 billion.

The company raised its quarterly dividend to $1.81 per share, extending its long-running streak of annual dividend increases.

Air Products disclosed liquid hydrogen supply contracts totaling more than $140 million to support multiple U.S. government facilities, which may be reinforcing confidence in demand for its industrial gases offerings.

Sources:

PR Newswire, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$APD Insider Trading Activity

$APD insiders have traded $APD stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $APD stock by insiders over the last 6 months:

RIDGE LP MANTLE sold 70,175 shares for an estimated $19,944,436

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$APD Hedge Fund Activity

We have seen 536 institutional investors add shares of $APD stock to their portfolio, and 1,102 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL INTERNATIONAL INVESTORS added 3,922,567 shares (+44.2%) to their portfolio in Q4 2025, for an estimated $968,952,500
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 3,084,730 shares (-74.8%) from their portfolio in Q4 2025, for an estimated $761,990,004
VIKING GLOBAL INVESTORS LP added 1,115,415 shares (+30.4%) to their portfolio in Q4 2025, for an estimated $275,529,813
CLEARBRIDGE INVESTMENTS, LLC added 1,111,378 shares (+70.2%) to their portfolio in Q4 2025, for an estimated $274,532,593
BANK OF AMERICA CORP /DE/ removed 1,025,049 shares (-20.9%) from their portfolio in Q4 2025, for an estimated $253,207,603
FRANKLIN RESOURCES INC removed 1,002,138 shares (-21.7%) from their portfolio in Q4 2025, for an estimated $247,548,128
MORGAN STANLEY removed 745,390 shares (-19.1%) from their portfolio in Q4 2025, for an estimated $184,126,237

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$APD Government Contracts

We have seen $120,438,181 of award payments to $APD over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

THIS DELIVERY ORDER IS ISSUED PURSUANT TO THE SCHEDULE OF SUPPLIES, CONTRACT PERIOD PRICING, OTHER PRICING ...: $91,941,458
THIS DELIVERY ORDER IS ISSUED PURSUANT TO THE SCHEDULE OF SUPPLIES, CONTRACT PERIOD PRICING, OTHER PRICING ...: $4,256,224
THE PURPOSE OF THIS PROCUREMENT IS FOR LIQUID NITROGEN AND LIQUID OXYGEN.: $3,573,175
SSC DELIVERY ORDER (DO) FOR LIQUID HYDROGEN (LH): $3,242,000
FIXED PRICE DELIVERY ORDER ISSUED FOR THE DELIVERY OF LIQUID HYDROGEN TO KENNEDY SPACE CENTER: $3,176,486

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$APD Congressional Stock Trading

Members of Congress have traded $APD stock 5 times in the past 6 months. Of those trades, 1 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $APD stock by members of Congress over the last 6 months:

REPRESENTATIVE JULIE JOHNSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 12/18, 11/13.
REPRESENTATIVE JOSH GOTTHEIMER sold up to $50,000 on 12/08.
REPRESENTATIVE RICHARD MCCORMICK purchased up to $15,000 on 11/05.
REPRESENTATIVE LISA C. MCCLAIN sold up to $15,000 on 09/25.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$APD Analyst Ratings

Wall Street analysts have issued reports on $APD in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Argus Research issued a "Buy" rating on 12/11/2025
RBC Capital issued a "Outperform" rating on 11/07/2025
Wells Fargo issued a "Overweight" rating on 11/07/2025

To track analyst ratings and price targets for $APD, check out Quiver Quantitative's $APD forecast page.

$APD Price Targets

Multiple analysts have issued price targets for $APD recently. We have seen 10 analysts offer price targets for $APD in the last 6 months, with a median target of $285.0.

Here are some recent targets:

Jeffrey Zekauskas from JP Morgan set a target price of $280.0 on 02/02/2026
Laurence Alexander from Jefferies set a target price of $313.0 on 02/02/2026
Joshua Spector from UBS set a target price of $285.0 on 02/02/2026
Patrick Cunningham from Citigroup set a target price of $285.0 on 02/02/2026
Michael Sison from Wells Fargo set a target price of $270.0 on 02/02/2026
Steve Byrne from B of A Securities set a target price of $275.0 on 01/08/2026
John Roberts from Mizuho set a target price of $290.0 on 12/18/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.