Tranquilli Financial Advisor LLC Sells 34 Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Tranquilli Financial Advisor LLC decreased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 881 shares of the basic materials company’s stock after selling 34 shares during the quarter. Tranquilli Financial Advisor LLC’s holdings in Air Products and Chemicals were worth $256,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new stake in shares of Air Products and Chemicals in the 3rd quarter valued at $25,000. Raleigh Capital Management Inc. increased its holdings in shares of Air Products and Chemicals by 69.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 43 shares in the last quarter. Financial Life Planners acquired a new stake in shares of Air Products and Chemicals during the fourth quarter worth about $31,000. Iron Horse Wealth Management LLC lifted its holdings in shares of Air Products and Chemicals by 88.7% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 117 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 55 shares in the last quarter. Finally, Newton One Investments LLC acquired a new position in shares of Air Products and Chemicals in the 4th quarter valued at approximately $38,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.6 %

Air Products and Chemicals stock opened at $336.00 on Tuesday. Air Products and Chemicals, Inc. has a twelve month low of $212.24 and a twelve month high of $339.10. The stock has a market cap of $74.72 billion, a P/E ratio of 19.58, a P/E/G ratio of 3.55 and a beta of 0.85. The company’s 50-day moving average price is $310.29 and its two-hundred day moving average price is $299.41. The company has a quick ratio of 1.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.72.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Tuesday, April 1st will be given a $1.79 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.77. This represents a $7.16 annualized dividend and a dividend yield of 2.13%. Air Products and Chemicals’s payout ratio is presently 41.21%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on APD shares. 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 note on Monday, October 7th. Barclays raised Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $315.00 to $365.00 in a research note on Friday, January 24th. Bank of America downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and set a $350.00 price objective for the company. in a report on Monday, January 27th. UBS Group upped their price target 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. Finally, Redburn Atlantic upgraded shares of Air Products and Chemicals from a “sell” rating to a “neutral” rating and set a $330.00 price objective on the stock in a report on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $340.50.

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.