First Trust Advisors Reduces Stake in Air Products and Chemicals

Investment firm cuts holdings in basic materials company by over 80%

Mar. 13, 2026 at 7:54am

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First Trust Advisors LP has decreased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 80.7% during the 3rd quarter, according to a recent SEC filing. The investment firm now owns 159,114 shares of the basic materials company's stock, down from 822,589 shares previously.

Why it matters

This significant reduction in First Trust Advisors' stake in Air Products and Chemicals could signal a shift in the investment firm's outlook on the company or the broader basic materials sector. Institutional investor activity is closely watched by analysts and investors as an indicator of market sentiment.

The details

According to the filing, First Trust Advisors sold 663,475 shares of Air Products and Chemicals during the 3rd quarter. The firm now owns approximately 0.07% of the company's outstanding shares, down from 0.37% previously. Air Products and Chemicals is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania.

  • The position reduction occurred during the 3rd quarter of the reporting period.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial products and services.

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

The significant reduction in First Trust Advisors' stake in Air Products and Chemicals could signal a shift in the investment firm's outlook on the company or the broader basic materials sector, which is closely watched by analysts and investors as an indicator of market sentiment.