Intech Investment Management LLC Has $1.28 Million Stock Holdings in AZZ Inc. $AZZ

Intech Investment Management LLC lessened its holdings in shares of AZZ Inc. (NYSE:AZZ) by 45.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,893 shares of the industrial products company’s stock after selling 9,781 shares during the period. Intech Investment Management LLC’s holdings in AZZ were worth $1,275,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its holdings in AZZ by 92.5% during the 4th quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 124 shares during the period. Osterweis Capital Management Inc. acquired a new stake in AZZ during the 2nd quarter worth $30,000. Clearstead Advisors LLC grew its holdings in AZZ by 184.3% during the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 234 shares during the period. Fifth Third Bancorp grew its holdings in AZZ by 55.9% during the 4th quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 137 shares during the period. Finally, Assetmark Inc. acquired a new stake in AZZ during the 3rd quarter worth $46,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Evercore reissued an “outperform” rating and issued a $152.00 price target on shares of AZZ in a report on Monday, April 27th. Noble Financial reaffirmed an “outperform” rating on shares of AZZ in a research note on Tuesday, February 17th. B. Riley Financial lifted their target price on AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Wells Fargo & Company lowered AZZ from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $127.00 to $132.00 in a report on Monday, March 2nd. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $141.80.

AZZ Price Performance

Shares of NYSE AZZ opened at $137.76 on Friday. The firm has a market cap of $4.14 billion, a PE ratio of 13.12 and a beta of 1.13. The company has a current ratio of 1.70, a quick ratio of 1.21 and a debt-to-equity ratio of 0.36. AZZ Inc. has a 1-year low of $86.67 and a 1-year high of $151.67. The company has a fifty day moving average price of $137.31 and a 200 day moving average price of $125.53.

AZZ (NYSE:AZZ) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.15. The firm had revenue of $385.10 million during the quarter, compared to analyst estimates of $382.24 million. AZZ had a net margin of 19.23% and a return on equity of 14.47%. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 EPS. AZZ has set its FY 2027 guidance at 6.500-7.000 EPS. Research analysts predict that AZZ Inc. will post 6.78 earnings per share for the current fiscal year.

AZZ Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, April 23rd were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, April 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. AZZ’s dividend payout ratio is presently 7.62%.

AZZ Company Profile

AZZ Inc, incorporated in 1956 and headquartered in Fort Worth, Texas, is a leading provider of galvanizing and metal finishing solutions alongside electrical equipment and services. The company supports a diverse range of industries—such as energy, infrastructure, heavy equipment and general industrial markets—by delivering corrosion protection and high-performance electrical solutions designed for demanding environments.

AZZ operates two primary business segments. The Global Coatings & Services segment offers hot-dip galvanizing, metal finishing, painting, powder coating and related value-added services to steel fabricators and original equipment manufacturers.