AZZ Incorporated earned a Moderate Buy consensus rating from six analysts. The rating consists of four buy recommendations and two hold positions. Analysts established an average 12-month price target of $155.25.
BlackRock Inc. disclosed a new investment of 4,642,862 shares in the company. The acquisition is valued at approximately $719.88 million. BlackRock now holds a 15.45% stake in the industrial products firm.
De Lisle Partners LLP purchased 33,201 shares during the second quarter. This new position is valued at roughly $5.15 million. These institutional investments follow AZZ's recent earnings report which surpassed consensus estimates.