AZZ INC AZZ
COM · Common Stock · CUSIP 002474104
- SectorIndustrials
- IndustryCoating, Engraving & Allied Services
- HeadquartersFort Worth, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.2m this quarter). Holder counts are more reliable. Shares outstanding: 29.8m as of 2024-06-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $77.26. Options: 5 managers hold calls ($1.6m notional), 6 hold puts ($1.5m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 191 |
| Q4 2022 | 186 |
| Q1 2023 | 177 |
| Q2 2023 | 184 |
| Q3 2023 | 181 |
| Q4 2023 | 194 |
| Q1 2024 | 210 |
| Q2 2024 | 254 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 101 | 81 |
| Q1 2023 | 73 | 83 |
| Q2 2023 | 87 | 86 |
| Q3 2023 | 67 | 101 |
| Q4 2023 | 76 | 89 |
| Q1 2024 | 89 | 108 |
| Q2 2024 | 165 | 79 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.0m | $733.0k | 0.37 |
| Q4 2023 | $4.7m | $2.4m | 0.52 |
| Q1 2024 | $4.5m | $3.4m | 0.75 |
| Q2 2024 | $1.6m | $1.5m | 0.97 |
Biggest buyers
| FMR LLC | Added | +889.0k |
| BlackRock Inc. | Added | +560.8k |
| VANGUARD GROUP INC | Added | +481.6k |
| Boston Partners | New | +339.2k |
| Zimmer Partners, LP | New | +252.5k |
| T. Rowe Price Investment Management, Inc. | Added | +239.6k |
| GOLDMAN SACHS GROUP INC | Added | +227.6k |
| FEDERATED HERMES, INC. | Added | +153.3k |
| AMERIPRISE FINANCIAL INC | Added | +145.0k |
| STATE STREET CORP | Added | +136.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -402.4k |
| Aristotle Capital Boston, LLC | Sold out | -240.6k |
| Empowered Funds, LLC | Reduced | -158.3k |
| Divisadero Street Capital Management, LP | Sold out | -90.4k |
| SEGALL BRYANT & HAMILL, LLC | Reduced | -80.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -69.0k |
| Harvey Partners, LLC | Reduced | -64.5k |
| Portolan Capital Management, LLC | Sold out | -51.3k |
| DEAN INVESTMENT ASSOCIATES, LLC | Sold out | -44.3k |
| SEI INVESTMENTS CO | Reduced | -43.2k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $934.7k12.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $494.4k6.4k shares |
| Walleye Capital LLC | New | $108.2k1.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $15.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $486.7k6.3k shares |
| WOLVERINE TRADING, LLC | Added | $378.5k4.9k shares |
| SIMPLEX TRADING, LLC | New | $247.0k3.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $239.5k3.1k shares |
| Walleye Capital LLC | New | $146.8k1.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 14.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 6.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: T. Rowe Price Investment Management, Inc. (4.6%, 2026-08-14), FMR LLC (4.8%, 2026-08-06), Capital International Investors (4.8%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $212.4k | 0 | — | — |
| Q4 2022 | 3 | $279.0k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 4 | $36.8k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-30 | FERGUSON THOMAS E President and CEO, director | Bought | $21.3k622 shares |
| 2024-06-30 | Crawford Jason Chief Financial Officer | Bought | $21.3k622 shares |
| 2024-06-30 | Russell Kurt L. COO - Precoat Metals | Bought | $21.3k622 shares |
| 2024-06-30 | Moseley Tiffany Chief Accounting Officer | Bought | $15.5k420 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 4.4m $341.8m | Added +560.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.2m $247.8m | Added +481.6k |
| FMR LLC 0.01% of their portfolio | 2.8m $219.2m | Added +889.0k |
| T. Rowe Price Investment Management, Inc. 0.13% of their portfolio | 2.8m $213.8m | Added +239.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.1m $88.6m | Added +53.2k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $82.8m | Added +136.8k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 820.4k $63.4m | Added +145.0k |
| SEGALL BRYANT & HAMILL, LLC 0.99% of their portfolio | 720.9k $55.7m | Reduced -80.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 665.5k $51.4m | Added +116.0k |
| Harvey Partners, LLC 6.25% of their portfolio | 654.0k $50.5m | Reduced -64.5k |
| GAMCO INVESTORS, INC. ET AL 0.54% of their portfolio | 643.2k $49.7m | Reduced -21.9k |
| WESTWOOD HOLDINGS GROUP INC 0.21% of their portfolio | 568.6k $43.9m | Reduced -11.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 409.3k $31.6m | Added +32.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 403.0k $31.1m | Added +16.4k |
| Boston Partners 0.03% of their portfolio | 339.2k $26.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 285.7k $22.1m | Added +33.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 282.4k $21.8m | Added +227.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 269.1k $20.8m | Added +25.7k |
| Zimmer Partners, LP 0.37% of their portfolio | 252.5k $19.5m | New |
| MORGAN STANLEY 0.00% of their portfolio | 244.0k $18.9m | Reduced -402.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 238.2k $18.4m | Added +19.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.08% of their portfolio | 237.6k $18.4m | Reduced -7.2k |
| GABELLI FUNDS LLC 0.14% of their portfolio | 236.4k $18.3m | Reduced -13.8k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 213.3k $16.5m | Added +8.3k |
| Invesco Ltd. 0.00% of their portfolio | 164.1k $12.7m | Reduced -32.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 154.5k $11.9m | Reduced -19.5k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 153.5k $11.9m | Added +153.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 147.4k $11.4m | Added +17.2k |
| NORGES BANK 0.00% of their portfolio | 140.8k $10.9m | Reduced -4.5k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 130.1k $10.0m | New |
| CRAWFORD INVESTMENT COUNSEL INC 0.19% of their portfolio | 128.2k $9.9m | Reduced -17.5k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 122.1k $9.4m | Added +93.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 112.3k $8.7m | Added +51.7k |
| HENNESSY ADVISORS INC 0.32% of their portfolio | 109.3k $8.4m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 102.5k $7.9m | Added +35.6k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 89.8k $6.9m | New |
| AXA S.A. 0.01% of their portfolio | 86.3k $6.7m | Added +43.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 85.5k $6.6m | Added +6.8k |
| Legal & General Group Plc 0.00% of their portfolio | 81.5k $6.3m | Added +14.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 79.9k $6.2m | Reduced -69.0k |
| HighTower Advisors, LLC 0.01% of their portfolio | 78.9k $6.1m | Reduced -6.0k |
| Ballast Asset Management, LP 3.13% of their portfolio | 74.8k $5.8m | Reduced -2.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 72.7k $5.6m | Added +68.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 71.3k $5.5m | Added +9.4k |
| Uniplan Investment Counsel, Inc. 0.46% of their portfolio | 65.9k $5.1m | Added +104 |
| Public Sector Pension Investment Board 0.03% of their portfolio | 65.4k $5.0m | Added +14.0k |
| Cubist Systematic Strategies, LLC 0.09% of their portfolio | 64.3k $5.0m | New |
| ISTHMUS PARTNERS, LLC 0.57% of their portfolio | 63.0k $4.9m | Reduced -1.7k |
| TD Asset Management Inc 0.00% of their portfolio | 61.7k $4.8m | Reduced -6.5k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 59.7k $4.6m | Added +12.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 58.2k $4.5m | Added +25.4k |
| Granite Investment Partners, LLC 0.18% of their portfolio | 56.3k $4.3m | Reduced -45 |
| Swiss National Bank 0.00% of their portfolio | 54.5k $4.2m | Added +5.1k |
| Global IMC LLC 0.93% of their portfolio | 53.8k $4.2m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 53.5k $4.1m | Added +44.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 51.2k $4.0m | Added +46.5k |
| Hillsdale Investment Management Inc. 0.31% of their portfolio | 50.6k $3.9m | New |
| Kodai Capital Management LP 0.07% of their portfolio | 49.5k $3.8m | New |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 48.2k $3.7m | Added +20.3k |
| Informed Momentum Co LLC 0.60% of their portfolio | 48.0k $3.7m | Reduced -265 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 47.6k $3.7m | Added +7.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 46.0k $3.6m | New |
| CVI Holdings, LLC 2.74% of their portfolio | 41.2k $3.2m | New |
| Trexquant Investment LP 0.05% of their portfolio | 41.0k $3.2m | Added +36.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 37.7k $2.9m | Added +18.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 36.9k $2.9m | Added +6.1k |
| CROWN ADVISORS MANAGEMENT, INC. 1.73% of their portfolio | 35.0k $2.7m | Added +10.0k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 34.3k $2.7m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 33.3k $2.6m | Added +5.2k |
| SIT INVESTMENT ASSOCIATES INC 0.06% of their portfolio | 31.3k $2.4m | Reduced -5.8k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 30.5k $2.4m | Added +25 |
| SEVEN GRAND MANAGERS, LLC 1.05% of their portfolio | 30.0k $2.3m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 29.2k $2.3m | Added +7.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 27.1k $2.1m | Added +2.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 26.5k $2.0m | Added +8.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 25.1k $1.9m | Added +1.6k |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.41% of their portfolio | 24.9k $1.9m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 24.8k $1.9m | Added +5.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 23.8k $1.8m | Reduced -2.3k |
| DELPHI MANAGEMENT INC /MA/ 1.49% of their portfolio | 23.7k $1.8m | Added +2.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 23.0k $1.8m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 22.8k $1.8m | Added +15.0k |
| Tredje AP-fonden 0.02% of their portfolio | 22.0k $1.7m | New |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 21.9k $1.7m | Reduced -15.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 21.4k $1.7m | Reduced -9.0k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 20.7k $1.6m | New |
| Empowered Funds, LLC 0.03% of their portfolio | 20.3k $1.6m | Reduced -158.3k |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 20.0k $1.5m | Reduced -29 |
| MOODY NATIONAL BANK TRUST DIVISION 0.12% of their portfolio | 19.4k $1.5m | Added +786 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 19.1k $1.5m | Added +2.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 19.0k $1.5m | New |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 19.0k $1.5m | Reduced -22.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 18.7k $1.4m | Reduced -43.2k |
| North Star Investment Management Corp. 0.11% of their portfolio | 18.6k $1.4m | Unchanged |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 17.4k $1.3m | Added +2.2k |
| Squarepoint Ops LLC 0.01% of their portfolio | 17.4k $1.3m | New |
| Corebridge Financial, Inc. 0.01% of their portfolio | 17.0k $1.3m | First filing |
| MetLife Investment Management, LLC 0.01% of their portfolio | 17.0k $1.3m | Added +4.2k |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 16.8k $1.3m | Added +2.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 16.7k $1.3m | Added +10.3k |