44 Wealth Management Trims Air Products and Chemicals Stake

Investment firm reduces position in major industrial gas supplier

Mar. 15, 2026 at 7:22am

Got story updates? Submit your updates here. ›

44 Wealth Management LLC, an investment management firm, reduced its stake in Air Products and Chemicals, Inc. (NYSE: APD) by 54.2% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 5,227 shares of the basic materials company's stock, valued at $1.426 million.

Why it matters

Air Products and Chemicals is a leading global supplier of industrial gases and related equipment, serving a wide range of industries. The company's stock performance and ownership changes can provide insights into market trends and investor sentiment around the industrial gas sector.

The details

According to the 13F filing, 44 Wealth Management sold 6,182 shares of Air Products and Chemicals during the third quarter, reducing its total position to 5,227 shares. The firm cited portfolio rebalancing and risk management as reasons for the reduction in its APD holdings.

  • The 13F filing was submitted on March 15, 2026, covering the third quarter of 2025.

The players

44 Wealth Management LLC

An investment management firm that reduced its position in Air Products and Chemicals during the third quarter of 2025.

Air Products and Chemicals, Inc.

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

Got photos? Submit your photos here. ›

The takeaway

The reduction in 44 Wealth Management's stake in Air Products and Chemicals suggests the firm may have concerns about the industrial gas company's near-term outlook or is rebalancing its portfolio. However, Air Products and Chemicals remains a major player in the sector, and its long-term performance will continue to be closely watched by investors.