AZZ Inc. $AZZ Stake Lessened by Wellington Management Group LLP

Posted by Brian Himes on Sep 7th, 2026

Wellington Management Group LLP cut its stake in AZZ Inc. (NYSE:AZZ – Free Report) by 73.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 140,899 shares of the industrial products company’s stock after selling 382,274 shares during the period. Wellington Management Group LLP’s holdings in AZZ were worth $21,846,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of AZZ in the 2nd quarter valued at about $719,876,000. Capital International Investors increased its holdings in shares of AZZ by 2.5% in the 4th quarter. Capital International Investors now owns 2,009,812 shares of the industrial products company’s stock valued at $215,412,000 after acquiring an additional 48,565 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of AZZ by 0.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,783,663 shares of the industrial products company’s stock valued at $191,174,000 after acquiring an additional 15,744 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of AZZ by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,182,140 shares of the industrial products company’s stock valued at $126,706,000 after acquiring an additional 49,509 shares in the last quarter. Finally, Morgan Stanley lifted its stake in AZZ by 7.1% during the fourth quarter. Morgan Stanley now owns 771,358 shares of the industrial products company’s stock worth $82,674,000 after purchasing an additional 51,463 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

AZZ Stock Performance

AZZ stock opened at $140.29 on Monday. The company has a 50-day simple moving average of $146.63 and a 200 day simple moving average of $140.49. The company has a market capitalization of $4.22 billion, a P/E ratio of 21.39 and a beta of 1.11. The company has a quick ratio of 1.39, a current ratio of 1.92 and a debt-to-equity ratio of 0.35. AZZ Inc. has a fifty-two week low of $92.98 and a fifty-two week high of $162.20.

AZZ (NYSE:AZZ – Get Free Report) last released its earnings results on Wednesday, July 8th. The industrial products company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.80 by $0.05. The firm had revenue of $448.53 million for the quarter, compared to analysts’ expectations of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. AZZ’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $1.78 EPS. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. Sell-side analysts predict that AZZ Inc. will post 6.93 earnings per share for the current fiscal year.

AZZ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from AZZ’s previous quarterly dividend of $0.20. This represents a $0.96 annualized dividend and a yield of 0.7%. AZZ’s dividend payout ratio is presently 14.63%.

Insider Buying and Selling

In other news, COO Jeffrey Vellines sold 4,220 shares of AZZ stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $153.55, for a total transaction of $647,981.00. Following the transaction, the chief operating officer directly owned 1,834 shares in the company, valued at approximately $281,610.70. This trade represents a 69.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Bryan Lee Stovall sold 2,677 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $150.07, for a total value of $401,737.39. Following the completion of the sale, the chief operating officer directly owned 35,000 shares in the company, valued at $5,252,450. This represents a 7.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.70% of the company’s stock.

Analyst Ratings Changes

AZZ has been the topic of a number of research reports. Wells Fargo & Company increased their target price on shares of AZZ from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. Wall Street Zen cut AZZ from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings cut AZZ from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, July 9th. Finally, B. Riley Financial increased their price objective on shares of AZZ from $169.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $155.25.

View Our Latest Stock Report on AZZ

AZZ Profile

(Free Report)

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.