PensionDanmark Pensionsforsikringsaktieselskab 13F: Cuts APD Stake by $3M
Key Points
- PensionDanmark reduced its position in Air Products and Chemicals, Inc. (APD) by 10,646 shares during the period, ending with 33,940 shares valued at about $9.44 million.
- Air Products and Chemicals, Inc. (APD) trades around $298.65, holding above both its 50-day and 200-day moving averages ahead of its November 5, 2026 earnings release.
- Wall Street firms recently updated their views on APD, with RBC Capital maintaining an outperform rating and a $346.00 price target on October 15, 2026.
Get Air Products and Chemicals text alerts
We text you when insiders, Congress, analysts or big funds move on $APD.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Air Products and Chemicals, Inc. alert may contain errors. Disclosures
PensionDanmark reduced its holdings in Air Products and Chemicals, Inc. (NYSE: APD) by 23.9%, according to a Form 13F filing on October 19, 2026. The fund dropped 10,646 shares during the period to finish with 33,940 shares. The remaining stake was valued at approximately $9,443,126.00 as of the report.
APD
Air Products and Chemicals, Inc.
PensionDanmark Pensionsforsikringsaktieselskab vs. the S&P 500
Hypothetical returns from PensionDanmark Pensionsforsikringsaktieselskab's disclosed trades, not real profit or advice. How we model this.
What Changed in PensionDanmark's Air Products and Chemicals, Inc. Position
PensionDanmark held 44,586 shares of Air Products and Chemicals, Inc. before the filing. By cutting the position by 10,646 shares, the fund trimmed its exposure by 23.88%. Institutional filings track portfolio shifts made during the previous quarter, revealing how large investors adjust their holdings over time.
Other Institutional Activity in Air Products and Chemicals, Inc.
Other large investors also adjusted their positions in the specialty chemicals company. Waverly Advisors grew its holdings by 977.0 shares, ending with 32,003 shares worth about $9,489,209.84. Bank of America grew its holdings by 556,188.0 shares, ending with 4,443,531.0 shares worth about $1,317,551,420.20. State Farm Mutual Automobile Insurance Co grew its holdings by 0 shares, ending with 11,840,799.0 shares worth about $3,536,254,549.00. Capital International Investors reduced its holdings by 368,618 shares, ending with 9,567,173.0 shares worth about $2,857,236,158.00.
Air Products and Chemicals, Inc. Stock Down 0.3%
Air Products and Chemicals, Inc. closed at $298.65 on October 19, 2026. The stock recently traded around $298.65 as of October 20, 2026. Shares trade above their 50-day moving average of $293.76 and above their 200-day moving average of $287.98. The company has a 52-week low of $229.11 and a 52-week high of $314.87.
Recent Earnings
Air Products and Chemicals, Inc. reported $12,602,200,064.00 in trailing twelve-month revenue alongside a negative basic EPS of -$0.21. The company posted a return on equity of 0.0% and a net margin of -0.4%. The company's next earnings report is scheduled for November 5, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
5 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 3.4%. Revenue beat estimates by 2.4%.
-
Profit surprise
EBITDA met by 1 percent. Operating income beat by 20 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
5 target raises.
-
Earnings quality
Gross margin up 1.6 points. Operating margin up 103.6 points. Positive free cash flow.
Earnings Call Summary
The quarter delivered strong underlying results with adjusted operating income up 12 percent and margins expanding to 24.4 percent despite sluggish economic conditions. Pricing actions and productivity drove gains across segments, though helium sales fell about 4 percent for the year due to tough prior-year comparisons. Management remains focused on disciplined capital spending, the Darrow ammonia project negotiations with Yara, and bringing new assets online in electronics and aerospace sectors.
Guidance Air Products kept its full-year profit guidance at $12.85 to $13.15 per share, expecting 7 to 9 percent growth. For the next quarter, they said earnings would be $2.95 to $3.10 per share, about 10 to 15 percent higher than last year. The company faces helium weakness but sees pricing gains offsetting that.
Good report. The company beat and showed some forward improvement, with a few meaningful caveats.
Dividend
Air Products and Chemicals, Inc. pays an annual dividend of $7.24 per share, giving it a dividend yield of 2.42%. The payout ratio sits at 75.7%.
Insider Buying and Selling at Air Products and Chemicals, Inc.
Company insiders have transacted in the stock over recent periods. On April 3, 2025, Director Andrew W Evans sold 5.0 shares at an average price of $283.20 for a total value of $1,416.00. Officer Victoria Brifo sold 1,359.0 shares on August 5, 2025, at $292.38 for $397,344.00. Beneficial owner L.P. Mantle Ridge sold 70,175.0 shares on February 12, 2026, at $284.21 for $19,944,437.00. Chief Financial Officer Melissa N Schaeffer sold 2,714.0 shares on May 1, 2026, at $303.76 for $824,405.00.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. On September 11, 2026, Keybanc initiated coverage with a Sector Weight rating. On October 5, 2026, UBS maintained a Neutral rating and lowered its price target to $305.00 from $336.00. On October 7, 2026, Citigroup maintained a Neutral rating and lowered its price target to $312.00 from $330.00. On October 13, 2026, Barclays initiated coverage with an Overweight rating and a $353.00 price target. On October 15, 2026, RBC Capital maintained an Outperform rating and lowered its price target to $346.00 from $360.00. Overall, the stock holds a consensus buy rating with a mean price target of $342.35 across 20 analyst opinions.
About Air Products and Chemicals, Inc.
Air Products and Chemicals, Inc. supplies atmospheric gases, process and specialty gases, and related equipment to customers across the Americas, Asia, Europe, and other global regions. Headquartered in Allentown, Pennsylvania, the company supports diverse industrial sectors from manufacturing to energy.
Bottom Line
Market participants will review upcoming financial results when Air Products and Chemicals, Inc. reports earnings on November 5, 2026. Monitoring institutional flows and analyst adjustments will help clarify broader sentiment on the stock.
Related Filing Alerts
Source: PensionDanmark Pensionsforsikringsaktieselskab's 13F filing on $APD (Oct 19, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts