Air Products & Chemicals (APD) : Everence Capital Management Inc scooped up 1,120 additional shares in Air Products & Chemicals during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 9,156 shares of Air Products & Chemicals which is valued at $1,357,011.Air Products & Chemicals makes up approximately 0.40% of Everence Capital Management Inc’s portfolio.
Other Hedge Funds, Including , California State Teachers Retirement System reduced its stake in APD by selling 42,177 shares or 9.2% in the most recent quarter. The Hedge Fund company now holds 416,366 shares of APD which is valued at $61,709,605. Air Products & Chemicals makes up approx 0.13% of California State Teachers Retirement System’s portfolio.Trust Co Of Toledo Na Oh boosted its stake in APD in the latest quarter, The investment management firm added 374 additional shares and now holds a total of 11,252 shares of Air Products & Chemicals which is valued at $1,676,661. Air Products & Chemicals makes up approx 0.47% of Trust Co Of Toledo Na Oh’s portfolio.North American Management Corp boosted its stake in APD in the latest quarter, The investment management firm added 2,535 additional shares and now holds a total of 6,164 shares of Air Products & Chemicals which is valued at $920,593. Air Products & Chemicals makes up approx 0.15% of North American Management Corp’s portfolio.Dnb Asset Management As boosted its stake in APD in the latest quarter, The investment management firm added 1,100 additional shares and now holds a total of 20,052 shares of Air Products & Chemicals which is valued at $2,894,506. Air Products & Chemicals makes up approx 0.06% of Dnb Asset Management As’s portfolio.
Air Products & Chemicals opened for trading at $148.17 and hit $149.53 on the upside on Thursday, eventually ending the session at $149, with a gain of 0.53% or 0.79 points. The heightened volatility saw the trading volume jump to 8,22,889 shares. Company has a market cap of $32,266 M.
On the company’s financial health, Air Products & Chemicals reported $1.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.90. The company had revenue of $2434.40 million for the quarter, compared to analysts expectations of $2404.06 million. The company’s revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.65 EPS.
Investors should note that on Jul 21, 2016, Air Products & Chemicals announced a cash dividend of $0.8600. The company’s management has announced Sep 29, 2016 as the ex-dividend date and fixed the record date on Oct 3, 2016. The payable date has been fixed on Nov 14, 2016.
Many Wall Street Analysts have commented on Air Products & Chemicals. Seaport Global Securities Upgraded Air Products & Chemicals on Jul 11, 2016 to ” Buy”, Price Target of the shares are set at $165.
Air Products and Chemicals Inc. is an industrial gases company which offers atmospheric gases process and specialty gases electronics and performance materials equipment and services. The Company’s segments include Industrial GasesAmericas; Industrial Gases EMEA (Europe Middle East and Africa); Industrial GasesAsia; Industrial GasesGlobal; Materials Technologies; Energy-from-Waste and Corporate and other. The Company manufactures and distributes products in two lines of business: Industrial Gases and Materials Technologies. Industrial Gases’ primary products include atmospheric gases process gases and equipment for air separation. Materials Technologies’ primary products include performance materials and chemicals such as epoxy amine curing agents polyurethane catalysts additives and specialty surfactants and electronics materials such as specialty gases chemical mechanical planarization slurries and specialty chemicals.