ORG Wealth Partners LLC Has $131,000 Stake in Air Products and Chemicals, Inc. (NYSE:APD)

ORG Wealth Partners LLC increased its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 28.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 451 shares of the basic materials company’s stock after acquiring an additional 100 shares during the quarter. ORG Wealth Partners LLC’s holdings in Air Products and Chemicals were worth $131,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Truvestments Capital LLC bought a new position in shares of Air Products and Chemicals during the third quarter worth $25,000. Iron Horse Wealth Management LLC raised its holdings in shares of Air Products and Chemicals by 88.7% during the third quarter. Iron Horse Wealth Management LLC now owns 117 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 55 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Air Products and Chemicals during the second quarter worth $32,000. Fortitude Family Office LLC raised its holdings in shares of Air Products and Chemicals by 58.8% during the fourth quarter. Fortitude Family Office LLC now owns 135 shares of the basic materials company’s stock worth $39,000 after acquiring an additional 50 shares during the period. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the third quarter worth $42,000. 81.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

APD has been the topic of a number of research analyst reports. BMO Capital Markets raised their price objective on shares of Air Products and Chemicals from $323.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. UBS Group upgraded shares of Air Products and Chemicals from a “neutral” rating to a “buy” rating and set a $375.00 price objective on the stock in a report on Monday, November 18th. Barclays raised their price objective on shares of Air Products and Chemicals from $295.00 to $315.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. JPMorgan Chase & Co. lowered their price target on shares of Air Products and Chemicals from $350.00 to $345.00 and set an “overweight” rating on the stock in a research note on Friday, November 8th. Finally, Wells Fargo & Company lifted their price target on shares of Air Products and Chemicals from $280.00 to $330.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $331.53.

Air Products and Chemicals Stock Up 2.7 %

Shares of APD opened at $292.88 on Friday. Air Products and Chemicals, Inc. has a 52 week low of $212.24 and a 52 week high of $337.00. The firm has a market cap of $65.13 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 3.13 and a beta of 0.84. The firm’s 50-day simple moving average is $309.41 and its 200 day simple moving average is $292.38. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.34 and a current ratio of 1.52.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Thursday, January 2nd will be paid a $1.77 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $7.08 dividend on an annualized basis and a yield of 2.42%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 41.21%.

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.