Universal Beteiligungs und Servicegesellschaft mbH Invests $657,000 in AZZ Inc. $AZZ

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in AZZ Inc. (NYSE:AZZ) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 6,018 shares of the industrial products company’s stock, valued at approximately $657,000.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its stake in AZZ by 8.8% during the first quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company’s stock worth $1,055,000 after acquiring an additional 1,024 shares during the period. AQR Capital Management LLC grew its holdings in shares of AZZ by 26.2% during the first quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company’s stock valued at $519,000 after purchasing an additional 1,290 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of AZZ by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company’s stock worth $1,462,000 after purchasing an additional 771 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of AZZ by 21.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company’s stock worth $7,030,000 after purchasing an additional 14,965 shares during the period. Finally, Jane Street Group LLC lifted its holdings in shares of AZZ by 185.9% in the 1st quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company’s stock worth $4,274,000 after purchasing an additional 33,238 shares during the last quarter. Institutional investors own 90.93% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on AZZ shares. Robert W. Baird set a $125.00 price objective on AZZ in a research note on Friday, January 9th. Wall Street Zen upgraded shares of AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Wells Fargo & Company cut their price objective 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.17.

AZZ Trading Down 0.5%

Shares of NYSE:AZZ opened at $124.39 on Monday. The company has a 50 day moving average of $112.94 and a 200-day moving average of $109.67. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41. The firm has a market cap of $3.71 billion, a P/E ratio of 11.69 and a beta of 1.13. AZZ Inc. has a twelve month low of $70.90 and a twelve month high of $127.88.

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

AZZ Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 5th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 annualized dividend and a yield of 0.6%. AZZ’s dividend payout ratio (DPR) is currently 7.52%.

AZZ declared that its Board of Directors has initiated a stock buyback program on Friday, January 30th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 2.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Tara D. Mackey sold 2,790 shares of AZZ stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $126.64, for a total transaction of $353,325.60. Following the transaction, the insider directly owned 25,296 shares of the company’s stock, valued at $3,203,485.44. The trade was a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 5,358 shares of company stock worth $659,302 over the last ninety days. Company insiders own 1.77% of the company’s stock.

AZZ 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.