Kennedy Capital Management LLC Boosts Stock Position in AZZ Inc. $AZZ

Posted by on Jun 14th, 2026

Kennedy Capital Management LLC increased its stake in shares of AZZ Inc. (NYSE:AZZ – Free Report) by 13.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,271 shares of the industrial products company’s stock after purchasing an additional 29,055 shares during the quarter. AZZ makes up approximately 0.5% of Kennedy Capital Management LLC’s holdings, making the stock its 26th largest holding. Kennedy Capital Management LLC owned 0.80% of AZZ worth $25,752,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wedge Capital Management L L P NC purchased a new stake in AZZ in the 4th quarter valued at about $2,120,000. Capital International Investors grew its holdings in AZZ by 8.7% in the 3rd quarter. Capital International Investors now owns 1,961,247 shares of the industrial products company’s stock valued at $214,031,000 after buying an additional 157,529 shares during the period. JPMorgan Chase & Co. grew its holdings in AZZ by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 163,954 shares of the industrial products company’s stock valued at $17,892,000 after buying an additional 11,405 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in AZZ in the 3rd quarter valued at about $2,127,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in AZZ in the 3rd quarter valued at about $7,028,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

AZZ Stock Performance

AZZ stock opened at $151.20 on Friday. The stock’s 50 day moving average price is $139.41 and its 200 day moving average price is $127.11. The firm has a market capitalization of $4.54 billion, a PE ratio of 14.40 and a beta of 1.13. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 1.70. AZZ Inc. has a one year low of $86.67 and a one year high of $154.11.

AZZ (NYSE:AZZ – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.19 by $0.15. The firm had revenue of $385.10 million for the quarter, compared to analyst estimates of $382.24 million. AZZ had a return on equity of 14.47% and a net margin of 19.23%.AZZ’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.98 EPS. AZZ has set its FY 2027 guidance at 6.500-7.000 EPS. As a group, sell-side analysts expect that AZZ Inc. will post 6.78 EPS for the current fiscal year.

AZZ Announces Dividend

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

Analysts Set New Price Targets

Several research firms have commented on AZZ. B. Riley Financial lifted their price target on AZZ from $167.00 to $169.00 and gave the company a “buy” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of AZZ in a research note on Wednesday, May 20th. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Wells Fargo & Company lowered AZZ from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $127.00 to $132.00 in a research note on Monday, March 2nd. Finally, Noble Financial reaffirmed an “outperform” rating on shares of AZZ in a research note on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.00.

Check Out Our Latest Research 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.

Featured Stories

Want to see what other hedge funds are holding AZZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AZZ Inc. (NYSE:AZZ – Free Report).

Institutional Ownership by Quarter for AZZ (NYSE:AZZ)

Receive News & Ratings for AZZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AZZ and related companies with MarketBeat.com's FREE daily email newsletter.