AZZ Inc. (NYSE:AZZ) Receives Consensus Rating of “Moderate Buy” from Analysts

AZZ Inc. (NYSE:AZZ) has been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $119.00.

AZZ has been the subject of a number of research analyst reports. Noble Financial restated an “outperform” rating on shares of AZZ in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Robert W. Baird set a $125.00 target price on shares of AZZ in a research report on Friday, January 9th. Finally, Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th.

Insider Transactions at AZZ

In other news, insider Tara D. Mackey sold 2,923 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total transaction of $397,528.00. Following the completion of the sale, the insider directly owned 22,373 shares of the company’s stock, valued at $3,042,728. This trade represents a 11.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Thomas E. Ferguson sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total transaction of $3,182,250.00. Following the completion of the sale, the chief executive officer directly owned 158,182 shares of the company’s stock, valued at $20,134,986.78. This represents a 13.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,281 shares of company stock valued at $4,239,080 over the last ninety days. Company insiders own 1.77% of the company’s stock.

Hedge Funds Weigh In On AZZ

A number of institutional investors have recently modified their holdings of AZZ. Principal Financial Group Inc. boosted its stake in AZZ by 9.7% during the 3rd quarter. Principal Financial Group Inc. now owns 162,812 shares of the industrial products company’s stock valued at $17,768,000 after purchasing an additional 14,430 shares during the period. Robeco Schweiz AG acquired a new position in AZZ in the 3rd quarter valued at approximately $4,365,000. Assenagon Asset Management S.A. bought a new position in AZZ in the third quarter worth $1,671,000. AlphaQuest LLC bought a new stake in AZZ in the 3rd quarter valued at $1,032,000. Finally, Allspring Global Investments Holdings LLC raised its position in 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 worth $14,228,000 after purchasing an additional 6,530 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

AZZ Price Performance

Shares of NYSE:AZZ opened at $136.15 on Friday. The firm’s 50 day moving average is $123.89 and its two-hundred day moving average is $112.99. 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 $4.07 billion, a P/E ratio of 12.80 and a beta of 1.13. AZZ has a 52 week low of $70.90 and a 52 week high of $141.18.

AZZ (NYSE:AZZ) last released its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $425.75 million during 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 company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.39 earnings per share. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Analysts anticipate that AZZ will post 5.13 earnings per share for the current year.

AZZ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Thursday, February 5th were paid a $0.20 dividend. The ex-dividend date of this dividend was 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 7.52%.

AZZ announced that its Board of Directors has initiated a stock buyback program on Friday, January 30th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the industrial products company to purchase up to 2.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

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.