12,517 Shares of Air Products and Chemicals, Inc. $APD Bought by Vise Technologies Inc.

Vise Technologies Inc. bought a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,517 shares of the basic materials company’s stock, valued at approximately $3,483,000.

Several other institutional investors also recently modified their holdings of APD. Gamco Investors INC. ET AL increased its stake in shares of Air Products and Chemicals by 0.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock valued at $1,147,000 after acquiring an additional 35 shares during the last quarter. Virginia Estate & Retirement Planning Advisors Inc. grew its holdings in Air Products and Chemicals by 46.1% during the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 111 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 35 shares during the period. SBI Securities Co. Ltd. grew its holdings in Air Products and Chemicals by 10.4% during the third quarter. SBI Securities Co. Ltd. now owns 382 shares of the basic materials company’s stock valued at $106,000 after purchasing an additional 36 shares during the period. Baader Bank Aktiengesellschaft grew its holdings in Air Products and Chemicals by 0.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock valued at $1,463,000 after purchasing an additional 37 shares during the period. Finally, Northcape Wealth Management LLC increased its stake in Air Products and Chemicals by 0.4% in the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock valued at $2,566,000 after purchasing an additional 37 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Down 1.0%

NYSE:APD opened at $312.83 on Wednesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The company has a market cap of $69.66 billion, a PE ratio of -1,421.94, a PEG ratio of 2.98 and a beta of 0.67. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $319.98. The stock has a 50-day simple moving average of $294.60 and a 200 day simple moving average of $290.21.

Air Products and Chemicals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 8th. Shareholders of record on Monday, January 4th will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $7.24 dividend on an annualized basis and a yield of 2.3%. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on APD shares. Royal Bank Of Canada decreased their price target on shares of Air Products and Chemicals from $360.00 to $346.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $373.00 price objective on shares of Air Products and Chemicals in a research note on Friday, July 31st. Mizuho increased their price target on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Evercore reiterated an “outperform” rating and set a $342.00 price objective on shares of Air Products and Chemicals in a report on Friday, July 10th. Finally, Argus lifted their price target on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus price target of $333.88.

Get Our Latest Stock Analysis on APD

Air Products and Chemicals Company Profile

(Free Report)

Air Products and Chemicals, Inc is a global industrial gas and related equipment company serving customers in industries such as refining, chemicals, manufacturing, metals, electronics, food and beverage, healthcare, and energy. The company supplies atmospheric gases, including oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide, specialty gases and other industrial gases.

Air Products produces and distributes gases through pipelines, on-site facilities, bulk deliveries and packaged-gas systems.

See Also

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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