AZZ Inc.'s (NYSE:AZZ) High Institutional Ownership Speaks for Itself as Stock Continues to Impress, up 5.9% Over Last Week
AZZ Inc.'s (NYSE:AZZ) High Institutional Ownership Speaks for Itself as Stock Continues to Impress, up 5.9% Over Last Week
Key Insights
主要見解
- Given the large stake in the stock by institutions, AZZ's stock price might be vulnerable to their trading decisions
- A total of 9 investors have a majority stake in the company with 52% ownership
- Insiders have been buying lately
- 機構擁有該股大量的股份,因此AZZ的股價可能受其交易決策的影響。
- 總共有9個投資者擁有該公司52%的所有權。
- 內部人員最近一直在買入。
To get a sense of who is truly in control of AZZ Inc. (NYSE:AZZ), it is important to understand the ownership structure of the business. With 78% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
爲了了解AZZ Inc.(NYSE:AZZ)真正掌控權在誰手中,了解公司的所有權結構至關重要。機構享有公司的最大股份—78%的股份。換句話說,機構面臨着最大的上行潛力(或下行風險)。
Last week's 5.9% gain means that institutional investors were on the positive end of the spectrum even as the company has shown strong longer-term trends. The one-year return on investment is currently 90% and last week's gain would have been more than welcomed.
上週股價上漲了5.9%,意味着儘管公司長期趨勢強勁,機構投資者也處於正面的態勢中。目前的投資回報率爲90%,而上週的漲幅將會高興地接受。
Let's take a closer look to see what the different types of shareholders can tell us about AZZ.
讓我們仔細研究一下股東的不同類型,看看它們能爲我們揭示關於AZZ的什麼信息。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240713/0-feda41f1dd2af6c10f67422b6e7b5373-0-555ddd401d27efca58cd0c3febf67f71.png/big)
What Does The Institutional Ownership Tell Us About AZZ?
機構投資持股告訴我們什麼?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
As you can see, institutional investors have a fair amount of stake in AZZ. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see AZZ's historic earnings and revenue below, but keep in mind there's always more to the story.
正如你所見,機構投資者在AZZ中有相當大的股份,這表明專業投資者認可AZZ。但我們不能僅僅依靠這個事實,因爲機構投資者有時會做出錯誤的投資決策,就像每個人一樣。當多個機構擁有一支股票時,始終存在他們進行“擁擠交易”的風險。當這種交易出現問題時,多個方面可能會競相快速拋售股票。這種風險在沒有歷史增長的公司中更高。你可以在下面看到AZZ的歷史收益和營業收入情況,但請記住,事情肯定不止於此。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240713/0-feda41f1dd2af6c10f67422b6e7b5373-1-a48728f55a1515321edba26308edcb0f.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in AZZ. BlackRock, Inc. is currently the company's largest shareholder with 13% of shares outstanding. For context, the second largest shareholder holds about 9.2% of the shares outstanding, followed by an ownership of 8.6% by the third-largest shareholder. In addition, we found that Thomas Ferguson, the CEO has 0.8% of the shares allocated to their name.
機構投資者擁有公司超過50%的股份,因此可能在董事會決策上有很強的影響力。對沖基金在AZZ中沒有太多股份。目前,BlackRock, Inc.是該公司最大的股東,持有13%的流通股。爲了有更好的了解,第二大股東持有大約9.2%的流通股,第三大股東持有8.6%的流通股。此外,我們發現,CEO Thomas Ferguson名下分配了0.8%的股份。
We did some more digging and found that 9 of the top shareholders account for roughly 52% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
我們進行了更深入的研究,發現前9位股東持有的股份約佔登記表的52%,這意味着除了較大的股東外,還有一些較小的股東,從而在一定程度上平衡了彼此的利益。
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
儘管有道理去研究一家公司的機構所有權數據,但了解分析師的觀點也很有道理,以便知道市場的風向。由於相當多的分析師涵蓋了該股票,因此您可以很容易地研究預測的增長。
Insider Ownership Of AZZ
AZZ的內部擁有情況
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
雖然“內部人士”的明確定義具有主觀性,但幾乎所有人都認爲董事會成員是內部人士。公司管理業務,但首席執行官即使是董事會成員,也要向董事會負責。
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
大多數人認爲內部所有權是積極的,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
We can report that insiders do own shares in AZZ Inc.. The insiders have a meaningful stake worth US$50m. Most would see this as a real positive. If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.
我們可以看到內部人員確實擁有AZZ股份。內部人員持有價值5000萬美元的實質股份。大多數人將會把這視爲一個真正的積極因素。如果您想了解內部人員的利益相關問題,可以單擊此處查看是否有內部人員正在購買或出售。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 20% stake in AZZ. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
普通投資者,通常指的是個人投資者,持有AZZ的20%的股份。雖然這個群體不能決定公司的走向,但它肯定會對公司的經營產生實際影響。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand AZZ better, we need to consider many other factors. Take risks for example - AZZ has 3 warning signs (and 1 which is concerning) we think you should know about.
總是值得思考持有股票的不同群體。但要更好地了解AZZ,我們需要考慮許多其他因素。例如承受風險—AZZ存在3個警告標誌(其中1個值得關注),我們認爲您應該知道這些。
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
但最終,決定該業務所有者將獲得多大利益的是未來而非過去。因此,我們認爲最好查看此免費報告,以了解分析師是否預測更光明的未來。
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
注:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。這可能與全年年度報告數據不一致。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。