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

Shares of AZZ Inc. (NYSE:AZZ) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $127.00.

Several equities analysts have issued reports on AZZ shares. Weiss Ratings restated a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Wells Fargo & Company cut AZZ from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $127.00 to $132.00 in a research report on Monday, March 2nd. Noble Financial reissued an “outperform” rating on shares of AZZ in a research report on Tuesday, February 17th. Robert W. Baird set a $125.00 price target on AZZ in a research note on Friday, January 9th. Finally, Wall Street Zen upgraded shares of AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th.

AZZ Stock Up 3.1%

AZZ stock opened at $128.35 on Thursday. 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 has a twelve month low of $70.90 and a twelve month high of $141.18. The company’s 50 day moving average is $128.52 and its two-hundred day moving average is $114.42. The stock has a market cap of $3.83 billion, a P/E ratio of 12.06 and a beta of 1.11.

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

AZZ declared that its board has approved a share repurchase plan 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 repurchase up to 2.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

AZZ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Thursday, February 5th were paid a $0.20 dividend. The ex-dividend date was Thursday, February 5th. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. AZZ’s payout ratio is currently 7.52%.

Insider Transactions at AZZ

In other news, insider Tara D. Mackey sold 2,923 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total transaction of $397,528.00. Following the completion of the sale, the insider owned 22,373 shares in the company, valued at approximately $3,042,728. This represents a 11.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Thomas E. Ferguson sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total value of $3,182,250.00. Following the transaction, the chief executive officer directly owned 158,182 shares in the company, valued at approximately $20,134,986.78. This represents a 13.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 33,281 shares of company stock valued at $4,239,080 over the last ninety days. Corporate insiders own 1.77% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. raised its position in AZZ by 9.7% in the third quarter. Principal Financial Group Inc. now owns 162,812 shares of the industrial products company’s stock worth $17,768,000 after acquiring an additional 14,430 shares in the last quarter. AlphaQuest LLC acquired a new stake in AZZ in the third quarter valued at $1,032,000. Robeco Schweiz AG purchased a new stake in shares of AZZ during the 3rd quarter worth $4,365,000. Assenagon Asset Management S.A. purchased a new stake in shares of AZZ during the 3rd quarter worth $1,671,000. Finally, Convergence Investment Partners LLC acquired a new position in shares of AZZ during the 3rd quarter worth $1,000,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

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.