Valley Brook Capital Group Inc. Has $1.36 Million Stake in Air Products and Chemicals, Inc. (NYSE:APD)

Valley Brook Capital Group Inc. increased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 1.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,949 shares of the basic materials company’s stock after purchasing an additional 66 shares during the quarter. Air Products and Chemicals makes up 1.2% of Valley Brook Capital Group Inc.’s investment portfolio, making the stock its 27th largest holding. Valley Brook Capital Group Inc.’s holdings in Air Products and Chemicals were worth $1,355,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Turtle Creek Wealth Advisors LLC bought a new stake in Air Products and Chemicals during the fourth quarter valued at about $27,000. Roble Belko & Company Inc bought a new stake in Air Products and Chemicals during the 4th quarter valued at approximately $27,000. Stuart Chaussee & Associates Inc. grew its holdings in Air Products and Chemicals by 257.6% in the 4th quarter. Stuart Chaussee & Associates Inc. now owns 118 shares of the basic materials company’s stock valued at $32,000 after buying an additional 85 shares during the last quarter. Rakuten Securities Inc. bought a new position in Air Products and Chemicals in the 4th quarter worth approximately $33,000. Finally, Legacy Bridge LLC acquired a new position in shares of Air Products and Chemicals during the fourth quarter worth approximately $35,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

APD traded up $2.18 during trading on Friday, hitting $245.87. The company’s stock had a trading volume of 1,559,471 shares, compared to its average volume of 1,590,100. The company has a quick ratio of 1.58, a current ratio of 1.49 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $54.66 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 2.66 and a beta of 0.80. The firm’s 50 day moving average price is $238.22 and its two-hundred day moving average price is $253.72. Air Products and Chemicals, Inc. has a 12 month low of $212.24 and a 12 month high of $307.71.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Tuesday, April 30th. The basic materials company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. Air Products and Chemicals had a return on equity of 16.56% and a net margin of 20.32%. The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the previous year, the business posted $2.74 earnings per share. The firm’s revenue for the quarter was down 8.4% compared to the same quarter last year. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 12.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Bank of America upped their target price on shares of Air Products and Chemicals from $272.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday. Wolfe Research started coverage on Air Products and Chemicals in a research report on Friday, March 1st. They set an “outperform” rating and a $279.00 target price on the stock. Barclays reduced their price objective on Air Products and Chemicals from $260.00 to $245.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 6th. JPMorgan Chase & Co. lowered their price objective on Air Products and Chemicals from $270.00 to $260.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, TD Cowen raised their target price on Air Products and Chemicals from $305.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $277.43.

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.