De Lisle Partners LLP Takes $3.87 Million Position in AZZ Inc. $AZZ

De Lisle Partners LLP bought a new stake in shares of AZZ Inc. (NYSE:AZZ) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 36,100 shares of the industrial products company’s stock, valued at approximately $3,866,000. De Lisle Partners LLP owned about 0.12% of AZZ at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AZZ. Royal Bank of Canada lifted its stake in AZZ by 8.8% during the first quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company’s stock valued at $1,055,000 after purchasing an additional 1,024 shares during the last quarter. AQR Capital Management LLC lifted its stake in AZZ by 26.2% during the first quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company’s stock valued at $519,000 after purchasing an additional 1,290 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in AZZ by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company’s stock valued at $1,462,000 after purchasing an additional 771 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in AZZ by 21.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company’s stock valued at $7,030,000 after purchasing an additional 14,965 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in AZZ by 185.9% during the first quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company’s stock valued at $4,274,000 after purchasing an additional 33,238 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

AZZ Stock Up 0.7%

Shares of NYSE:AZZ opened at $151.20 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 1.70. The company has a market cap of $4.54 billion, a PE ratio of 14.40 and a beta of 1.13. AZZ Inc. has a 52 week low of $86.67 and a 52 week high of $154.11. The firm has a 50 day simple moving average of $139.41 and a 200 day simple moving average of $127.11.

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

AZZ Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, April 23rd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, April 23rd. AZZ’s dividend payout ratio is 7.62%.

Wall Street Analysts Forecast Growth

AZZ has been the subject of several recent research reports. Evercore reissued an “outperform” rating and set a $152.00 target price on shares of AZZ in a research note on Monday, April 27th. Wells Fargo & Company lowered shares of AZZ from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $127.00 to $132.00 in a research note on Monday, March 2nd. Robert W. Baird increased their target price on shares of AZZ from $125.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Noble Financial reissued an “outperform” rating on shares of AZZ in a research note on Tuesday, February 17th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of AZZ in a research note on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, AZZ presently has an average rating of “Moderate Buy” and an average price target of $152.00.

About AZZ

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.