1,152 Shares in Air Products and Chemicals, Inc. (NYSE:APD) Acquired by GUNN & Co INVESTMENT MANAGEMENT INC.

GUNN & Co INVESTMENT MANAGEMENT INC. bought a new position in Air Products and Chemicals, Inc. (NYSE:APD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,152 shares of the basic materials company’s stock, valued at approximately $315,000.

Several other institutional investors also recently bought and sold shares of APD. Brendel Financial Advisors LLC purchased a new position in shares of Air Products and Chemicals during the 4th quarter worth about $442,000. Cetera Trust Company N.A acquired a new position in shares of Air Products and Chemicals in the 4th quarter valued at $35,000. Ramsay Stattman Vela & Price Inc. grew its stake in shares of Air Products and Chemicals by 29.2% during the 4th quarter. Ramsay Stattman Vela & Price Inc. now owns 14,562 shares of the basic materials company’s stock valued at $3,987,000 after buying an additional 3,295 shares during the period. Handelsbanken Fonder AB increased its holdings in shares of Air Products and Chemicals by 12.9% during the 4th quarter. Handelsbanken Fonder AB now owns 84,415 shares of the basic materials company’s stock worth $23,113,000 after buying an additional 9,629 shares during the last quarter. Finally, First Command Advisory Services Inc. boosted its holdings in Air Products and Chemicals by 3.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,632 shares of the basic materials company’s stock valued at $447,000 after acquiring an additional 55 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on APD shares. Seaport Res Ptn lowered Air Products and Chemicals from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 6th. BMO Capital Markets lifted their price target on shares of Air Products and Chemicals from $250.00 to $263.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. TheStreet lowered shares of Air Products and Chemicals from a “b” rating to a “c+” rating in a research report on Monday, February 5th. StockNews.com downgraded shares of Air Products and Chemicals from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Barclays decreased their price target on shares of Air Products and Chemicals from $260.00 to $245.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $277.43.

Air Products and Chemicals Trading Up 0.9 %

NYSE:APD opened at $245.87 on Monday. The firm has a market capitalization of $54.66 billion, a P/E ratio of 22.19, a P/E/G ratio of 2.66 and a beta of 0.80. The business has a 50 day simple moving average of $238.22 and a 200 day simple moving average of $253.72. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.49 and a quick ratio of 1.58. Air Products and Chemicals, Inc. has a 12-month low of $212.24 and a 12-month high of $307.71.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Tuesday, April 30th. The basic materials company reported $2.85 EPS for the quarter, beating the consensus estimate of $2.70 by $0.15. Air Products and Chemicals had a net margin of 20.32% and a return on equity of 16.56%. The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the business earned $2.74 earnings per share. Air Products and Chemicals’s revenue was down 8.4% compared to the same quarter last year. Equities research analysts predict that Air Products and Chemicals, Inc. will post 12.31 EPS for the current year.

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.