Bank of Montreal Can Boosts Air Products and Chemicals Holdings

The firm increased its stake in the basic materials company by 2.1% in the third quarter.

Mar. 12, 2026 at 7:21am

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Bank of Montreal Can raised its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 2.1% in the 3rd quarter, according to the company's recent SEC filing. The firm now owns 292,131 shares of the basic materials company's stock, worth approximately $79.67 million.

Why it matters

This purchase by Bank of Montreal Can represents a vote of confidence in Air Products and Chemicals, one of the world's leading industrial gas suppliers. The increase in stake suggests the firm sees further growth potential in the company.

The details

Bank of Montreal Can acquired an additional 6,146 shares of Air Products and Chemicals during the third quarter, bringing its total holdings to 292,131 shares. The firm now owns approximately 0.13% of the basic materials company's stock.

  • Bank of Montreal Can made the share purchase in the 3rd quarter of 2026.

The players

Bank of Montreal Can

A Canadian multinational banking and financial services corporation.

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

Bank of Montreal Can's increased stake in Air Products and Chemicals suggests the firm sees long-term growth potential in the industrial gas supplier, despite broader market volatility.