AZZ (NYSE:AZZ) Insider Sells $397,528.00 in Stock

AZZ Inc. (NYSE:AZZ) insider Tara Mackey sold 2,923 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total value of $397,528.00. Following the sale, the insider directly owned 22,373 shares in the company, valued at approximately $3,042,728. The trade was a 11.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

AZZ Stock Performance

AZZ stock opened at $140.30 on Friday. AZZ Inc. has a one year low of $70.90 and a one year high of $141.18. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 13.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66. The firm has a 50-day simple moving average of $118.33 and a two-hundred day simple moving average of $111.17.

AZZ (NYSE:AZZ) last issued its quarterly earnings data on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The firm 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%. The company’s quarterly 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. On average, equities analysts forecast that AZZ Inc. will post 5.13 EPS for the current fiscal year.

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

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 dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, February 5th. AZZ’s payout ratio is 7.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AZZ shares. Robert W. Baird set a $125.00 price target 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 note on Saturday, January 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $119.00.

Institutional Trading of AZZ

Institutional investors and hedge funds have recently bought and sold shares of the business. Huntington National Bank raised its holdings 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 worth $26,000 after purchasing an additional 184 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in AZZ by 92.5% in the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 124 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in AZZ during the 2nd quarter worth about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of AZZ during the 2nd quarter valued at about $34,000. Finally, Kestra Advisory Services LLC purchased a new position in AZZ during the fourth quarter valued at approximately $38,000. 90.93% of the stock is currently owned by institutional investors and hedge funds.

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.