Campbell & CO Investment Adviser LLC Sells 10,281 Shares of AZZ Inc. $AZZ

Campbell & CO Investment Adviser LLC cut its holdings in AZZ Inc. (NYSE:AZZ) by 70.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,398 shares of the industrial products company’s stock after selling 10,281 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in AZZ were worth $480,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Pullen Investment Management LLC grew its holdings in AZZ by 16.5% during the 3rd quarter. Pullen Investment Management LLC now owns 22,932 shares of the industrial products company’s stock worth $2,503,000 after acquiring an additional 3,250 shares during the last quarter. Robeco Schweiz AG acquired a new position in shares of AZZ during the third quarter worth approximately $4,365,000. Nordea Investment Management AB grew its stake in shares of AZZ by 4.0% during the third quarter. Nordea Investment Management AB now owns 98,764 shares of the industrial products company’s stock valued at $10,667,000 after purchasing an additional 3,766 shares during the last quarter. New York State Teachers Retirement System increased its holdings in shares of AZZ by 11.9% in the third quarter. New York State Teachers Retirement System now owns 27,112 shares of the industrial products company’s stock valued at $2,959,000 after purchasing an additional 2,881 shares in the last quarter. Finally, Oliver Luxxe Assets LLC raised its position in AZZ by 1.5% in the 3rd quarter. Oliver Luxxe Assets LLC now owns 18,068 shares of the industrial products company’s stock worth $1,972,000 after purchasing an additional 260 shares during the last quarter. 90.93% of the stock is owned by institutional investors.

Insider Activity at AZZ

In related news, insider Tara D. Mackey sold 2,790 shares of the firm’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $126.64, for a total transaction of $353,325.60. Following the sale, the insider owned 25,296 shares of the company’s stock, valued at approximately $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 link. In the last three months, insiders have sold 5,358 shares of company stock valued at $659,302. 1.77% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AZZ has been the topic of a number of recent research reports. Robert W. Baird set a $125.00 price objective on AZZ in a research report on Friday, January 9th. Wells Fargo & Company decreased their price target on AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, October 10th. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. One investment 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 has a consensus rating of “Moderate Buy” and an average target price of $117.17.

AZZ Price Performance

AZZ stock opened at $126.10 on Friday. 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 capitalization of $3.77 billion, a P/E ratio of 11.85 and a beta of 1.13. The business has a 50-day moving average of $110.02 and a 200-day moving average of $108.77. AZZ Inc. has a 1 year low of $70.90 and a 1 year high of $127.88.

AZZ (NYSE:AZZ) last announced its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $425.75 million for the quarter, compared to the consensus estimate of $412.97 million. AZZ had a net margin of 19.89% and a return on equity of 14.45%. AZZ’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the company posted $1.39 EPS. 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 EPS for the current year.

AZZ Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Investors 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 dividend on an annualized basis and a dividend yield of 0.6%. AZZ’s dividend payout ratio is currently 7.52%.

About AZZ

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.