AZZ (NYSE:AZZ) Insider Sells $353,325.60 in Stock

AZZ Inc. (NYSE:AZZ) insider Tara Mackey sold 2,790 shares of the company’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $126.64, for a total value of $353,325.60. Following the transaction, the insider directly owned 25,296 shares in the company, valued at $3,203,485.44. This represents a 9.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

AZZ Trading Down 2.1%

Shares of AZZ opened at $123.45 on Friday. AZZ Inc. has a fifty-two week low of $70.90 and a fifty-two week high of $127.88. The business has a 50-day moving average of $110.53 and a 200 day moving average of $109.01. The firm has a market cap of $3.69 billion, a P/E ratio of 11.60 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66.

AZZ (NYSE:AZZ) last issued its earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share for the quarter, topping 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 analyst estimates of $412.97 million. During the same quarter last year, the business earned $1.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, research analysts forecast that AZZ Inc. will post 5.13 EPS for the current year.

AZZ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 5th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. AZZ’s payout ratio is presently 7.52%.

Institutional Trading of AZZ

A number of large investors have recently modified their holdings of AZZ. Oliver Luxxe Assets LLC increased its position in shares of AZZ by 0.5% in the fourth quarter. Oliver Luxxe Assets LLC now owns 18,164 shares of the industrial products company’s stock worth $1,947,000 after purchasing an additional 96 shares during the last quarter. GAMMA Investing LLC grew its stake in AZZ by 39.6% in the 2nd quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock worth $35,000 after buying an additional 106 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of AZZ by 40.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 458 shares of the industrial products company’s stock worth $50,000 after buying an additional 131 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of AZZ by 1.8% in the 3rd quarter. Arizona State Retirement System now owns 8,437 shares of the industrial products company’s stock worth $921,000 after buying an additional 153 shares during the last quarter. Finally, Huntington National Bank raised its position in shares of AZZ by 56.8% during the 3rd quarter. Huntington National Bank now owns 428 shares of the industrial products company’s stock valued at $47,000 after buying an additional 155 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AZZ shares. Robert W. Baird set a $125.00 price target on AZZ in a research report on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a report on Monday, December 29th. Wells Fargo & Company lowered their price target on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, October 10th. Finally, Wall Street Zen upgraded shares of AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, AZZ currently has an average rating of “Moderate Buy” and an average target price of $117.17.

AZZ Company Profile

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.