Allspring Global Investments Holdings LLC Acquires 102,133 Shares of AZZ Inc. $AZZ

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Allspring Global Investments Holdings LLC increased its stake in AZZ Inc. by 78.3% in the fourth quarter, purchasing an additional 102,133 shares to own a total of 232,510 shares valued at approximately $24.92 million. AZZ Inc. reported strong Q4 results, exceeding revenue and EPS estimates, and has an average “Moderate Buy” rating from analysts with a target price of $127. The company’s board has also authorized a $100 million share repurchase program and pays a quarterly dividend of $0.20 per share.

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