Guardian Wealth Advisors LLC Has $402,000 Stock Holdings in Air Products and Chemicals, Inc. (NYSE:APD)

Guardian Wealth Advisors LLC decreased its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 17.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,350 shares of the basic materials company’s stock after selling 293 shares during the period. Guardian Wealth Advisors LLC’s holdings in Air Products and Chemicals were worth $402,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. bought a new stake in shares of Air Products and Chemicals during the second quarter valued at approximately $32,000. Iron Horse Wealth Management LLC raised its position 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 last quarter. Trifecta Capital Advisors LLC lifted its stake in shares of Air Products and Chemicals by 1,700.0% during the second quarter. Trifecta Capital Advisors LLC now owns 144 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 136 shares during the period. Beacon Capital Management LLC boosted its holdings in Air Products and Chemicals by 128.8% in the first quarter. Beacon Capital Management LLC now owns 183 shares of the basic materials company’s stock valued at $44,000 after acquiring an additional 103 shares during the last quarter. Finally, Valued Wealth Advisors LLC increased its position in Air Products and Chemicals by 1,425.0% in the second quarter. Valued Wealth Advisors LLC now owns 183 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 171 shares during the period. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on APD shares. 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 for the company in a research report on Friday, November 8th. The Goldman Sachs Group upped their target price on shares of Air Products and Chemicals from $291.00 to $330.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Wells Fargo & Company lifted their price objective on 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. Jefferies Financial Group raised Air Products and Chemicals from a “hold” rating to a “buy” rating and increased their target price for the company from $295.00 to $364.00 in a research note on Monday, October 7th. Finally, Mizuho boosted their target price on Air Products and Chemicals from $308.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 9th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $331.53.

Air Products and Chemicals Stock Up 3.4 %

NYSE:APD opened at $327.90 on Tuesday. The stock’s 50 day moving average price is $306.64 and its two-hundred day moving average price is $280.86. Air Products and Chemicals, Inc. has a twelve month low of $212.24 and a twelve month high of $332.42. The firm has a market capitalization of $72.90 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 3.18 and a beta of 0.81. The company has a quick ratio of 1.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.72.

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.