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JPMorgan Chase & Co. Purchases 11,405 Shares of AZZ Inc. $AZZ
JPMorgan Chase & Co. has increased its stake in AZZ Inc. by 7.5%, acquiring an additional 11,405 shares, bringing its total holding to 163,954 shares valued at $17.892 million. This comes as AZZ Inc. reported strong quarterly earnings, surpassing analyst estimates, and announced a $100 million share buyback program and a quarterly dividend. Institutional investors collectively own approximately 90.93% of AZZ’s stock, with several other large investors also adjusting their positions.