Institutional investors hold a significant stake in Air Products and Chemicals, Inc. (NYSE:APD), with 85% ownership in the company. This ownership structure implies that institutions have a substantial influence over the company’s share price and future direction. In fact, the top 19 shareholders collectively hold 50% of the business, indicating a concentrated ownership pattern.
The presence of institutional investors on the share registry of Air Products and Chemicals is seen as a vote of confidence in the company’s future prospects. Institutions typically have access to large amounts of capital and their market moves are closely watched by retail investors. Therefore, their investment in the company is often viewed as a positive sign by the market.
Among the institutional investors, The Vanguard Group, Inc. holds the largest stake with 9.4% of shares outstanding, followed by BlackRock, Inc. with 6.8% and State Farm Insurance Companies, Asset Management Arm with 5.5%. This distribution of ownership suggests that no single shareholder has significant control over the company.
In contrast, insider ownership of Air Products and Chemicals is relatively low, with insiders owning less than 1% of the company. Board members collectively own US$191 million worth of shares, indicating a moderate level of insider ownership.
Overall, understanding the ownership structure of Air Products and Chemicals provides valuable insights into the company’s performance and future prospects. By analyzing institutional and insider ownership, investors can gain a better understanding of the stock’s expected performance and make informed investment decisions.