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Allentown Today
By the People, for the People
Patrick Mauro Investment Advisor Boosts Air Products and Chemicals Holdings
The firm increased its stake in the basic materials company by over 300% in the third quarter.
Mar. 14, 2026 at 9:21am
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Patrick Mauro Investment Advisor INC. boosted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 310.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm now owns 12,831 shares of the basic materials company's stock, worth approximately $3.5 million.
Why it matters
Air Products and Chemicals is a major global supplier of industrial gases and related equipment, making it an important player in the basic materials industry. The significant increase in Patrick Mauro Investment Advisor's stake suggests the firm sees strong potential in the company's future performance.
The details
According to the filing, Patrick Mauro Investment Advisor acquired an additional 9,705 shares of Air Products and Chemicals during the third quarter, bringing its total holdings to 12,831 shares. This represents about 1.8% of the firm's total investment portfolio, making Air Products and Chemicals its 20th largest holding.
- Patrick Mauro Investment Advisor INC. filed the report with the SEC in the third quarter of the year.
The players
Patrick Mauro Investment Advisor INC.
An investment management firm that has increased its stake in Air Products and Chemicals, a major global supplier of industrial gases and related equipment.
Air Products and Chemicals, Inc.
A basic materials company that produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications.
The takeaway
The significant increase in Patrick Mauro Investment Advisor's stake in Air Products and Chemicals suggests the firm sees strong potential in the company's future performance, underscoring the importance of the basic materials industry and the role of major industrial gas suppliers like Air Products and Chemicals.
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