Mitsubishi UFJ Asset Management Increases Stake in Air Products and Chemicals

Firm now owns 462,959 shares of the basic materials company

Published on Feb. 27, 2026

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Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 4.3% in the third quarter, according to the company's SEC filing. The firm now owns 462,959 shares of the basic materials company's stock, worth approximately $126,258,000.

Why it matters

This investment by a major asset management firm signals continued confidence in Air Products and Chemicals' business outlook and growth potential. As a leading global supplier of industrial gases, the company's performance is closely watched by investors.

The details

Mitsubishi UFJ Asset Management purchased an additional 19,296 shares of Air Products and Chemicals during the third quarter, increasing its total stake to 462,959 shares. This represents about 0.21% of the company's outstanding stock. Air Products and Chemicals is a major producer and distributor of atmospheric gases like oxygen, nitrogen, and argon, as well as specialty gases used across a range of industrial applications.

  • Mitsubishi UFJ Asset Management increased its stake in the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A major Japanese asset management firm that has increased its stake in Air Products and Chemicals, Inc.

Air Products and Chemicals, Inc.

A global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania.

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The takeaway

Mitsubishi UFJ Asset Management's increased investment in Air Products and Chemicals reflects the firm's confidence in the company's long-term growth prospects within the industrial gases market. This move highlights the continued appeal of Air Products and Chemicals as a stable, well-performing basic materials stock.