Tara Mackey Sells 2,790 Shares of AZZ (NYSE:AZZ) 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 transaction of $353,325.60. Following the completion of the sale, the insider directly owned 25,296 shares of the company’s stock, valued at $3,203,485.44. This trade represents a 9.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

AZZ Stock Down 2.1%

Shares of NYSE:AZZ opened at $123.45 on Friday. The stock’s 50-day moving average price is $110.53 and its 200-day moving average price is $108.94. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41. AZZ Inc. has a 12-month low of $70.90 and a 12-month high of $127.88. The stock has a market capitalization of $3.69 billion, a P/E ratio of 11.60 and a beta of 1.13.

AZZ (NYSE:AZZ) last announced its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The business had revenue of $425.75 million for the quarter, compared to analysts’ expectations of $412.97 million. During the same period in the previous year, the firm earned $1.39 EPS. The business’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. On average, equities analysts anticipate that AZZ Inc. will post 5.13 earnings per share for the current year.

AZZ Announces Dividend

The firm 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 $0.20 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. AZZ’s dividend payout ratio (DPR) is presently 7.52%.

Institutional Investors Weigh In On AZZ

Several hedge funds have recently bought and sold shares of AZZ. Huntington National Bank increased its stake in shares of AZZ by 206.7% during the second quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Osterweis Capital Management Inc. purchased a new stake in shares of AZZ in the 2nd quarter worth approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in AZZ during the 2nd quarter valued at approximately $34,000. GAMMA Investing LLC boosted its holdings in AZZ by 39.6% in the second quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 106 shares in the last quarter. Finally, Assetmark Inc. bought a new stake in AZZ in the third quarter worth $46,000. Institutional investors own 90.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on AZZ shares. Robert W. Baird set a $125.00 price objective on shares of AZZ in a report on Friday, January 9th. Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Wells Fargo & Company lowered their price objective on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating for the company in a report on Friday, October 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock 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.