Catalytic Wealth RIA LLC Purchases 101 Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Catalytic Wealth RIA LLC grew its position in Air Products and Chemicals, Inc. (NYSE:APD) by 8.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,266 shares of the basic materials company’s stock after buying an additional 101 shares during the quarter. Catalytic Wealth RIA LLC’s holdings in Air Products and Chemicals were worth $377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sei Investments Co. lifted its position in shares of Air Products and Chemicals by 18.0% in the 1st quarter. Sei Investments Co. now owns 76,476 shares of the basic materials company’s stock worth $18,526,000 after purchasing an additional 11,691 shares during the period. NorthRock Partners LLC boosted its position in Air Products and Chemicals by 14.2% during the 1st quarter. NorthRock Partners LLC now owns 1,461 shares of the basic materials company’s stock valued at $354,000 after acquiring an additional 182 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of Air Products and Chemicals by 151.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 24,881 shares of the basic materials company’s stock valued at $6,028,000 after acquiring an additional 14,981 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Air Products and Chemicals by 0.3% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 48,802 shares of the basic materials company’s stock worth $11,823,000 after acquiring an additional 154 shares in the last quarter. Finally, Entropy Technologies LP boosted its position in Air Products and Chemicals by 247.2% during the first quarter. Entropy Technologies LP now owns 18,595 shares of the basic materials company’s stock valued at $4,505,000 after purchasing an additional 13,239 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 0.3 %

Air Products and Chemicals stock opened at $313.91 on Tuesday. The firm has a market capitalization of $69.79 billion, a P/E ratio of 18.27, a P/E/G ratio of 3.46 and a beta of 0.81. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.72. Air Products and Chemicals, Inc. has a twelve month low of $212.24 and a twelve month high of $332.42. The stock’s fifty day simple moving average is $301.56 and its 200-day simple moving average is $277.53.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. UBS Group lifted their price target on shares of Air Products and Chemicals from $307.00 to $345.00 and gave the stock a “neutral” rating in a report on Tuesday, October 15th. StockNews.com upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Monday, September 23rd. The Goldman Sachs Group raised their target price on shares of Air Products and Chemicals from $291.00 to $330.00 and gave the stock a “buy” rating in a report on Monday, August 5th. Jefferies Financial Group raised Air Products and Chemicals from a “hold” rating to a “buy” rating and boosted their price target for the company from $295.00 to $364.00 in a report on Monday, October 7th. Finally, Wells Fargo & Company increased their target price on shares of Air Products and Chemicals from $280.00 to $330.00 and gave the stock an “equal weight” rating in a research note on Friday, October 11th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus target price of $328.18.

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.