Air Products and Chemicals, Inc. (NYSE:APD) Shares Acquired by Windward Capital Management Co. CA

Windward Capital Management Co. CA lifted its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 36.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,879 shares of the basic materials company’s stock after purchasing an additional 498 shares during the quarter. Windward Capital Management Co. CA’s holdings in Air Products and Chemicals were worth $559,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in shares of Air Products and Chemicals by 0.3% in the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 11,593 shares of the basic materials company’s stock worth $3,452,000 after acquiring an additional 34 shares during the last quarter. CX Institutional increased its position in Air Products and Chemicals by 2.6% during the third quarter. CX Institutional now owns 1,343 shares of the basic materials company’s stock worth $400,000 after purchasing an additional 34 shares during the last quarter. Bank of Stockton increased its position in Air Products and Chemicals by 1.9% during the third quarter. Bank of Stockton now owns 1,813 shares of the basic materials company’s stock worth $540,000 after purchasing an additional 34 shares during the last quarter. Cape Investment Advisory Inc. boosted its holdings in Air Products and Chemicals by 1.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 3,740 shares of the basic materials company’s stock valued at $906,000 after purchasing an additional 37 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Air Products and Chemicals by 22.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 203 shares of the basic materials company’s stock valued at $60,000 after buying an additional 37 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 0.0 %

Shares of NYSE APD opened at $312.94 on Friday. The stock has a market cap of $69.57 billion, a P/E ratio of 27.12, a PEG ratio of 3.21 and a beta of 0.81. The business’s fifty day simple moving average is $301.56 and its 200-day simple moving average is $276.93. Air Products and Chemicals, Inc. has a 12-month low of $212.24 and a 12-month high of $332.42. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.77.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, November 7th. The basic materials company reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.12. The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.19 billion. Air Products and Chemicals had a return on equity of 16.53% and a net margin of 21.24%. As a group, equities analysts predict that Air Products and Chemicals, Inc. will post 12.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Evercore ISI raised shares of Air Products and Chemicals from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $305.00 to $365.00 in a research report on Monday, October 7th. Mizuho lifted their target price on Air Products and Chemicals from $308.00 to $360.00 and gave the company an “outperform” rating in a research report on Wednesday, October 9th. Citigroup increased their price target on Air Products and Chemicals from $330.00 to $345.00 and gave the stock a “buy” rating in a report on Monday, October 7th. StockNews.com upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Monday, September 23rd. Finally, Jefferies Financial Group raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating and increased their target price for the stock from $295.00 to $364.00 in a research note on Monday, October 7th. Nine analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $327.00.

About Air Products and Chemicals

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.