Air Products and Chemicals, Inc. (NYSE:APD) Stock Holdings Lifted by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 1.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 65,321 shares of the basic materials company’s stock after buying an additional 630 shares during the quarter. Air Products and Chemicals makes up 1.6% of Mcdaniel Terry & Co.’s portfolio, making the stock its 27th biggest position. Mcdaniel Terry & Co.’s holdings in Air Products and Chemicals were worth $18,946,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. SG Americas Securities LLC lifted its position in shares of Air Products and Chemicals by 106.3% in the 4th quarter. SG Americas Securities LLC now owns 13,494 shares of the basic materials company’s stock worth $3,914,000 after buying an additional 6,952 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Air Products and Chemicals by 59.2% in 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 stake in shares of Air Products and Chemicals in the 4th quarter worth about $7,269,000. Forsta AP Fonden increased its holdings in shares of Air Products and Chemicals by 13.4% in the 3rd quarter. Forsta AP Fonden now owns 45,700 shares of the basic materials company’s stock worth $13,607,000 after acquiring an additional 5,400 shares during the period. 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 worth $3,074,000 after acquiring an additional 4,916 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Air Products and Chemicals

In other news, insider Francesco Maione sold 2,016 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were 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 approximately $1,173,204. This represents a 34.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Sean D. Major sold 4,500 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $315.46, for a total transaction of $1,419,570.00. Following the completion of the sale, the vice president now directly owns 14,273 shares in the company, valued at approximately $4,502,560.58. The trade was a 23.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,411 shares of company stock valued at $4,186,642 in the last 90 days. 0.41% of the stock is currently owned by company insiders.

Air Products and Chemicals Trading 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 firm’s fifty day simple moving average is $308.49 and its 200 day simple moving average is $304.19. The firm has a market capitalization of $70.50 billion, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 3.13 and a beta of 0.85. The company has a current ratio of 1.11, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, February 6th. The basic materials company reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates 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%. As a group, sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on APD shares. StockNews.com cut shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a report on Friday, February 7th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $320.00 price objective (down previously from $345.00) on shares of Air Products and Chemicals in a report on Friday, February 7th. Barclays raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $315.00 to $365.00 in a report on Friday, January 24th. Citigroup increased their price objective on shares of Air Products and Chemicals from $345.00 to $365.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, UBS Group increased their price objective on shares of Air Products and Chemicals from $375.00 to $385.00 and gave the stock a “buy” rating in a report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and an average price target 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.