De Lisle Partners LLP Makes New Investment in AZZ Inc. $AZZ

De Lisle Partners LLP bought a new position in AZZ Inc. (NYSE:AZZ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 36,100 shares of the industrial products company’s stock, valued at approximately $3,866,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AZZ. Lido Advisors LLC grew its stake in AZZ by 3.0% in the 4th quarter. Lido Advisors LLC now owns 2,633 shares of the industrial products company’s stock valued at $286,000 after buying an additional 77 shares during the last quarter. Oliver Luxxe Assets LLC grew its stake in AZZ by 0.5% in the 4th quarter. Oliver Luxxe Assets LLC now owns 18,164 shares of the industrial products company’s stock valued at $1,947,000 after buying an additional 96 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in AZZ by 1.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,882 shares of the industrial products company’s stock valued at $738,000 after buying an additional 100 shares during the last quarter. LPL Financial LLC grew its stake in AZZ by 1.0% in the 4th quarter. LPL Financial LLC now owns 10,593 shares of the industrial products company’s stock valued at $1,135,000 after buying an additional 101 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its position in AZZ by 92.5% in the 4th quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

AZZ Stock Performance

NYSE AZZ opened at $151.20 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.70 and a quick ratio of 1.21. The firm has a market capitalization of $4.54 billion, a price-to-earnings ratio of 14.40 and a beta of 1.13. The company’s fifty day moving average is $139.41 and its two-hundred day moving average is $127.11. AZZ Inc. has a 52-week low of $86.67 and a 52-week high of $154.11.

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

AZZ Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Wall Street Zen upgraded shares of AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. B. Riley Financial raised their price target on shares of AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Evercore restated an “outperform” rating and issued a $152.00 price target on shares of AZZ in a research report on Monday, April 27th. Wells Fargo & Company lowered shares of AZZ from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $127.00 to $132.00 in a research report on Monday, March 2nd. Finally, Robert W. Baird raised their price target on shares of AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.