Global Retirement Partners LLC Purchases 361 Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Global Retirement Partners LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 9,868 shares of the basic materials company’s stock after purchasing an additional 361 shares during the period. Global Retirement Partners LLC’s holdings in Air Products and Chemicals were worth $2,862,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Silver Oak Securities Incorporated lifted its stake in shares of Air Products and Chemicals by 1.1% during the 4th quarter. Silver Oak Securities Incorporated now owns 3,074 shares of the basic materials company’s stock worth $888,000 after acquiring an additional 32 shares during the last quarter. Bank of Stockton lifted its stake in shares of Air Products and Chemicals by 1.9% during the 3rd quarter. Bank of Stockton now owns 1,813 shares of the basic materials company’s stock worth $540,000 after acquiring an additional 34 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Air Products and Chemicals by 22.3% during 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. Chesapeake Wealth Management lifted its stake in shares of Air Products and Chemicals by 1.7% during the 3rd quarter. Chesapeake Wealth Management now owns 2,189 shares of the basic materials company’s stock worth $652,000 after acquiring an additional 37 shares during the last quarter. Finally, Keyes Stange & Wooten Wealth Management LLC lifted its stake in shares of Air Products and Chemicals by 1.5% during the 3rd quarter. Keyes Stange & Wooten Wealth Management LLC now owns 2,560 shares of the basic materials company’s stock worth $762,000 after acquiring an additional 37 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 3,233 shares of Air Products and Chemicals stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $307.32, for a total transaction of $993,565.56. Following the completion of the sale, the chief financial officer now owns 10,680 shares of the company’s stock, valued at approximately $3,282,177.60. The trade was a 23.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Francesco Maione sold 2,016 shares of Air Products and Chemicals 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 directly owns 3,834 shares of the company’s stock, valued at approximately $1,173,204. This represents a 34.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,411 shares of company stock worth $4,186,642 in the last ninety days. 0.41% of the stock is owned by insiders.

Air Products and Chemicals Stock Down 0.0 %

Shares of APD stock opened at $316.89 on Thursday. Air Products and Chemicals, Inc. has a 1-year low of $225.26 and a 1-year high of $341.14. The stock’s fifty day moving average price is $308.49 and its 200 day moving average price is $304.19. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.11 and a quick ratio of 0.96. The company has a market cap of $70.50 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 3.13 and a beta of 0.85.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, February 6th. The basic materials company reported $2.86 earnings per share for the quarter, missing the consensus estimate 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%. On average, research analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. BMO Capital Markets lowered Air Products and Chemicals from an “outperform” rating to a “market perform” rating in a research note on Friday, February 7th. Sanford C. Bernstein upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $375.00 price objective on the stock in a report on Friday, January 31st. Bank of America downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and set a $350.00 price objective on the stock. in a report on Monday, January 27th. BNP Paribas upgraded Air Products and Chemicals to a “strong-buy” rating in a report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $320.00 price objective (down from $345.00) on shares of Air Products and Chemicals in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus target price of $339.94.

Air Products and Chemicals 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.