Tara Mackey Sells 1,000 Shares of AZZ (NYSE:AZZ) Stock

AZZ Inc. (NYSE:AZZGet Free Report) insider Tara Mackey sold 1,000 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $118.71, for a total transaction of $118,710.00. Following the transaction, the insider owned 29,654 shares of the company’s stock, valued at approximately $3,520,226.34. The trade was a 3.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

AZZ Stock Up 0.2%

Shares of NYSE:AZZ opened at $121.74 on Wednesday. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 11.44 and a beta of 1.13. AZZ Inc. has a fifty-two week low of $70.90 and a fifty-two week high of $123.06. The firm’s 50-day simple moving average is $106.83 and its 200-day simple moving average is $107.67. The company has a quick ratio of 1.21, a current ratio of 1.66 and a debt-to-equity ratio of 0.41.

AZZ (NYSE:AZZGet Free Report) last announced its quarterly earnings data on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The firm had revenue of $425.75 million during the quarter, compared to the consensus estimate of $412.97 million. During the same quarter last year, the firm earned $1.39 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities research analysts predict that AZZ Inc. will post 5.13 earnings per share for the current year.

AZZ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 5th will be given a $0.20 dividend. The ex-dividend date is Thursday, February 5th. This represents a $0.80 annualized dividend and a yield of 0.7%. AZZ’s dividend payout ratio is presently 7.52%.

Analysts Set New Price Targets

AZZ has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Wells Fargo & Company lowered their target price on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a research report on Friday, October 10th. B. Riley increased their target price on shares of AZZ from $131.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Robert W. Baird set a $125.00 price target on AZZ in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.17.

Read Our Latest Analysis on AZZ

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. QRG Capital Management Inc. purchased a new stake in AZZ in the 2nd quarter valued at approximately $247,000. GAMMA Investing LLC grew its holdings in AZZ by 39.6% during the 2nd quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock valued at $35,000 after buying an additional 106 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in AZZ during the third quarter worth $1,671,000. Asset Management One Co. Ltd. lifted its position in shares of AZZ by 11.7% in the second quarter. Asset Management One Co. Ltd. now owns 59,351 shares of the industrial products company’s stock valued at $5,607,000 after acquiring an additional 6,220 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of AZZ by 5.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 130,377 shares of the industrial products company’s stock valued at $14,228,000 after acquiring an additional 6,530 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

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About AZZ

(Get Free Report)

AZZ Inc, incorporated in 1956 and headquartered in Fort Worth, Texas, is a leading provider of galvanizing and metal finishing solutions alongside electrical equipment and services. The company supports a diverse range of industries—such as energy, infrastructure, heavy equipment and general industrial markets—by delivering corrosion protection and high-performance electrical solutions designed for demanding environments.

AZZ operates two primary business segments. The Global Coatings & Services segment offers hot-dip galvanizing, metal finishing, painting, powder coating and related value-added services to steel fabricators and original equipment manufacturers.

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Insider Buying and Selling by Quarter for AZZ (NYSE:AZZ)

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