T. Rowe Price (AZZ) cuts AZZ Inc stake to 4.6% of common stock
Rhea-AI Filing Summary
T. Rowe Price Investment Management, Inc. filed an amended Schedule 13G reporting its holdings of AZZ INC common stock. The firm reports beneficial ownership of 1,385,963 shares of common stock, representing 4.6% of the class. It has sole power to vote and dispose of all these shares, with no shared voting or dispositive power, and indicates that its ownership is now 5 percent or less of the class. T. Rowe Price Investment Management also states that the filing should not be construed as an admission that it is the beneficial owner of these securities.
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Key Figures
Shares beneficially owned: 1,385,963 shares
Percent of class: 4.6%
Sole voting power: 1,385,963 shares
+1 more
4 metrics
Shares beneficially owned
1,385,963 shares
AZZ INC common stock reported by T. Rowe Price Investment Management, Inc.
Percent of class
4.6%
Percentage of AZZ INC common stock class held by T. Rowe Price Investment Management, Inc.
Sole voting power
1,385,963 shares
Shares of AZZ INC over which T. Rowe Price Investment Management, Inc. has sole voting power
Sole dispositive power
1,385,963 shares
Shares of AZZ INC over which T. Rowe Price Investment Management, Inc. has sole dispositive power
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Ownership of 5 percent or less of a class
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1385963"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 1,385,963.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 1,385,963.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Ownership of 5 percent or less of a class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
FAQ
What ownership in AZZ (AZZ) does T. Rowe Price Investment Management report?
T. Rowe Price Investment Management reports beneficial ownership of 1,385,963 AZZ shares, representing 4.6% of the common stock. All reported shares are subject to its sole voting and sole dispositive power, with no shared authority disclosed.
Did T. Rowe Price Investment Management fall below 5% ownership in AZZ (AZZ)?
Yes. The filing states ownership of 4.6% of AZZ’s common stock and includes the disclosure for Ownership of 5 percent or less of a class, confirming the position is now below the 5% reporting threshold.
What type of security in AZZ (AZZ) is reported by T. Rowe Price Investment Management?
The position relates to AZZ INC common stock with CUSIP 002474104. T. Rowe Price Investment Management reports its holdings and related voting and dispositive powers under this Schedule 13G/A amendment.
AI-generated analysis. How Rhea-AI works. Not financial advice.