Y Intercept Hong Kong Ltd Makes New $564,000 Investment in AZZ Inc. $AZZ

Y Intercept Hong Kong Ltd purchased a new stake in shares of AZZ Inc. (NYSE:AZZ) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,510 shares of the industrial products company’s stock, valued at approximately $564,000.

Other large investors have also made changes to their positions in the company. Hantz Financial Services Inc. boosted its stake in shares of AZZ by 92.5% in the fourth 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. bought a new stake in AZZ during the 2nd quarter valued at approximately $30,000. Kestra Advisory Services LLC purchased a new position in AZZ in the 4th quarter worth approximately $38,000. Clearstead Advisors LLC lifted its holdings in AZZ by 184.3% in the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 234 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in AZZ by 55.9% in the 4th quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 137 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

AZZ Price Performance

Shares of AZZ stock opened at $146.43 on Tuesday. The firm has a market cap of $4.40 billion, a PE ratio of 22.32 and a beta of 1.11. The stock has a 50 day moving average of $145.76 and a 200 day moving average of $133.87. The company has a current ratio of 1.92, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. AZZ Inc. has a 12 month low of $92.98 and a 12 month high of $162.20.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.05. The business had revenue of $448.53 million for the quarter, compared to the consensus estimate of $434.58 million. AZZ had a return on equity of 14.18% and a net margin of 11.83%.The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 EPS. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. On average, research analysts expect that AZZ Inc. will post 6.85 EPS for the current fiscal year.

AZZ Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be given a $0.24 dividend. This is a boost from AZZ’s previous quarterly dividend of $0.20. This represents a $0.96 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, July 9th. AZZ’s dividend payout ratio (DPR) is presently 14.63%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AZZ shares. Weiss Ratings lowered shares of AZZ from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday. Wall Street Zen downgraded shares of AZZ from a “buy” rating to a “hold” rating in a report on Sunday. Wells Fargo & Company upped their target price on shares of AZZ from $138.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday. Robert W. Baird raised 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. Finally, Evercore reiterated an “outperform” rating and issued a $152.00 price target on shares of AZZ in a report on Monday, April 27th. Four 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $155.25.

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.