Air Products & Chemicals Inc (NYSE:APD): Negative Stock Sentiment

Air Products and Chemicals, Inc. (NYSE:APD) Logo

Sentiment for Air Products & Chemicals Inc (NYSE:APD)

Air Products & Chemicals Inc (NYSE:APD) institutional sentiment decreased to 0.99 in Q2 2019. Its down -0.25, from 1.24 in 2019Q1. The ratio worsened, as 348 investment managers increased or started new positions, while 352 sold and reduced their stakes in Air Products & Chemicals Inc. The investment managers in our partner’s database now have: 184.28 million shares, down from 187.74 million shares in 2019Q1. Also, the number of investment managers holding Air Products & Chemicals Inc in their top 10 positions increased from 26 to 35 for an increase of 9. Sold All: 40 Reduced: 312 Increased: 252 New Position: 96.

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide. The company has market cap of $48.97 billion. The firm produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for clients in various industries, including metals, glass, chemical processing, electronics, energy production and refining, food processing, metallurgical, medical, and general manufacturing. It has a 28.75 P/E ratio. It also creates and makes equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage.

The stock increased 0.71% or $1.57 during the last trading session, reaching $222.24. About 745,003 shares traded. Air Products and Chemicals, Inc. (NYSE:APD) has risen 41.58% since September 13, 2018 and is uptrending. It has outperformed by 41.58% the S&P500.

Analysts await Air Products and Chemicals, Inc. (NYSE:APD) to report earnings on November, 5. They expect $2.29 earnings per share, up 14.50 % or $0.29 from last year’s $2 per share. APD’s profit will be $504.62 million for 24.26 P/E if the $2.29 EPS becomes a reality. After $2.17 actual earnings per share reported by Air Products and Chemicals, Inc. for the previous quarter, Wall Street now forecasts 5.53 % EPS growth.

Cincinnati Indemnity Co holds 10.94% of its portfolio in Air Products and Chemicals, Inc. for 15,000 shares. Claar Advisors Llc owns 90,000 shares or 9.24% of their US portfolio. Moreover, Freshford Capital Management Llc has 8.79% invested in the company for 230,664 shares. The Ohio-based Csu Producer Resources Inc. has invested 8.14% in the stock. Axel Capital Management Llc, a New York-based fund reported 45,000 shares.

Since January 1, 0001, it had 1 buy, and 0 sales for $4.54 million activity.

Air Products and Chemicals, Inc. (NYSE:APD) Ratings Coverage

Ratings analysis reveals 60% of Air Products \u0026 Chemicals’s analysts are positive. Out of 5 Wall Street analysts rating Air Products \u0026 Chemicals, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $18200 while the high is $25200. The stock’s average target of $226.50 is 1.92% above today’s ($222.24) share price. APD was included in 13 notes of analysts from April 9, 2019. On Tuesday, April 9 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Outperform” rating given on Wednesday, April 17 by Credit Suisse. BMO Capital Markets maintained Air Products and Chemicals, Inc. (NYSE:APD) on Monday, August 12 with “Outperform” rating. The firm has “Hold” rating by HSBC given on Thursday, August 1. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, August 12. The company was maintained on Friday, April 12 by KeyBanc Capital Markets.

More notable recent Air Products and Chemicals, Inc. (NYSE:APD) news were published by: Finance.Yahoo.com which released: “How Much Are Air Products and Chemicals, Inc. (NYSE:APD) Insiders Spending On Buying Shares? – Yahoo Finance” on April 30, 2019, also Finance.Yahoo.com with their article: “How Many Air Products and Chemicals, Inc. (NYSE:APD) Shares Do Institutions Own? – Yahoo Finance” published on July 25, 2019, Streetinsider.com published: “Air Products (APD) Reports New Syngas Project with Debang Group in Jiangsu Province, China – StreetInsider.com” on September 09, 2019. More interesting news about Air Products and Chemicals, Inc. (NYSE:APD) were released by: Investorplace.com and their article: “3 Big Stock Charts for Tuesday: Weyerhaeuser, Western Digital and Air Products & Chemicals – Investorplace.com” published on September 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “How Do Analysts See Air Products and Chemicals, Inc. (NYSE:APD) Performing In The Next 12 Months? – Yahoo Finance” with publication date: June 27, 2019.

Air Products and Chemicals, Inc. (NYSE:APD) Institutional Positions Chart

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