Azimut Holding S.p.A. — Cyborg Score 7/10

Strong
Asset Management

Strategic Profile

A majority of its revenue is derived from recurring fees from assets under management. The company has demonstrated steady international expansion since 2010, transitioning from a primarily Italian-focused asset manager to a globally diversified player with presence across major financial centers and emerging markets.

Cyborg Score Rationale

Market Cap 5.08B, Revenue (ttm) 1.48B with Profit Margin 35.54% indicates solid profitability and scale. Dividend Yield (TTM)% is 4.84% demonstrates strong capital returns. Challenges include exposure to Italian market volatility and increasing competition in asset management.

Top Insights

  • At the end of July 2024, total assets amounted to 103.4 billion euros.
  • Stock price has risen steadily over the past two years, moving from around €24 in early January 2024 to approximately €36.83 by 19 January 2026, with momentum accelerating during 2025.
  • Strategic initiatives such as The New Bank project and international expansion are underway to drive future growth.
  • AZM dividends are paid annually with the last dividend per share at 1.75 EUR.

Named Competitors

  • Partners Group — Global private equity and alternatives manager
  • BlackRock — Global asset management leader
  • Vanguard — Global wealth and asset management

Recent Developments

  • (January 2026) Stock reached all-time high of €37.32
  • (2025) Significant share price acceleration into high-€30s with momentum from strategic initiatives
  • (August 2025) Acquisition of Alimac Group completed as part of growth strategy

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