Compass Capital Corp MA ADV Makes New Investment in Air Products and Chemicals, Inc. (NYSE:APD)

Compass Capital Corp MA ADV bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,005 shares of the basic materials company’s stock, valued at approximately $322,000.

Other institutional investors also recently made changes to their positions in the company. Cordatus Wealth Management LLC acquired a new position in Air Products and Chemicals during the 4th quarter valued at approximately $2,216,000. Nicholson Wealth Management Group LLC lifted its stake in Air Products and Chemicals by 99.1% in the fourth quarter. Nicholson Wealth Management Group LLC now owns 5,213 shares of the basic materials company’s stock valued at $1,512,000 after buying an additional 2,595 shares during the last quarter. Advyzon Investment Management LLC acquired a new position in shares of Air Products and Chemicals during the fourth quarter valued at $297,000. Mcdaniel Terry & Co. grew its position in shares of Air Products and Chemicals by 1.0% during the fourth quarter. Mcdaniel Terry & Co. now owns 65,321 shares of the basic materials company’s stock worth $18,946,000 after acquiring an additional 630 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC increased its holdings in shares of Air Products and Chemicals by 2,025.2% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 79,886 shares of the basic materials company’s stock worth $23,170,000 after acquiring an additional 76,127 shares during the period. 81.66% of the stock is owned by institutional investors.

Insider Transactions at Air Products and Chemicals

In related news, VP Sean D. Major sold 4,500 shares of Air Products and Chemicals stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $315.46, for a total value of $1,419,570.00. Following the transaction, the vice president now owns 14,273 shares of the company’s stock, valued at approximately $4,502,560.58. This trade represents a 23.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Wilbur Mok sold 1,300 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $315.88, for a total value of $410,644.00. Following the sale, the insider now owns 3,193 shares in the company, valued at approximately $1,008,604.84. The trade was a 28.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,911 shares of company stock valued at $4,660,897 over the last three months. Company insiders own 0.41% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of NYSE APD opened at $310.02 on Friday. Air Products and Chemicals, Inc. has a twelve month low of $227.10 and a twelve month high of $341.14. The company has a current ratio of 1.11, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. The firm has a 50-day moving average of $308.50 and a two-hundred day moving average of $304.48. The company has a market capitalization of $68.97 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 3.14 and a beta of 0.85.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, February 6th. The basic materials company reported $2.86 EPS for the quarter, missing the consensus estimate of $3.13 by ($0.27). Air Products and Chemicals had a net margin of 31.88% and a return on equity of 15.78%. As a group, 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 business also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Tuesday, April 1st will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.31%. This is a boost 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 presently 41.11%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on APD shares. Redburn Atlantic raised shares of Air Products and Chemicals from a “sell” rating to a “neutral” rating and set a $330.00 target price for the company in a research note on Friday, October 25th. UBS Group boosted their price objective on Air Products and Chemicals from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 28th. BMO Capital Markets cut Air Products and Chemicals from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. BNP Paribas raised Air Products and Chemicals to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, Barclays raised Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $315.00 to $365.00 in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $339.94.

Air Products and Chemicals Company 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.