KLP Kapitalforvaltning cut APD stake by 5.5% in Q4; Ridge Lp Mantle sold 70,175 shares. Institutions hold 81.66% of APD, with a Moderate Buy rating and a $308.06 target. APD beat estimates and declared a $1.81 dividend.Abstract: The article highlights ownership changes at Air Products and Chemicals, noting KLP's Q4 stake reduction and Mantle's large sell-off while institutional ownership remains substantial. It cites a Moderate Buy outlook with a $308.06 target, and reports strong earnings along with a $1.81 quarterly dividend.

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2026-05-03 08:10:06

Abstract generation in progress

KLP Kapitalforvaltning AS reduced its stake in Air Products and Chemicals (NYSE: APD) by 5.5% in the fourth quarter, selling 4,760 shares, while director Ridge Lp Mantle also sold 70,175 shares. Despite these sales, institutional investors still hold a significant 81.66% of the company’s stock, and analysts maintain a “Moderate Buy” rating with an average target price of $308.06. Air Products and Chemicals recently reported strong quarterly earnings, beating estimates, and announced a quarterly dividend of $1.81.

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Air Products and Chemicals, Inc. $APD Shares Sold by KLP Kapitalforvaltning AS

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