AZZ Inc. (NYSE:AZZ) Receives $155.25 Consensus PT from Analysts

AZZ Inc. (NYSE:AZZ) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $155.25.

A number of research firms have recently weighed in on AZZ. Wall Street Zen lowered AZZ from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings lowered AZZ from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, July 9th. B. Riley Financial boosted their target price on AZZ from $169.00 to $170.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Wells Fargo & Company upped their price target on AZZ from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th.

Insider Transactions at AZZ

In related news, COO Bryan Lee Stovall sold 2,677 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $150.07, for a total value of $401,737.39. Following the sale, the chief operating officer owned 35,000 shares of the company’s stock, valued at $5,252,450. This trade represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey Vellines sold 4,220 shares of AZZ stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $153.55, for a total transaction of $647,981.00. Following the completion of the transaction, the chief operating officer owned 1,834 shares of the company’s stock, valued at $281,610.70. This represents a 69.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On AZZ

A number of large investors have recently modified their holdings of AZZ. Hantz Financial Services Inc. raised its holdings in shares of AZZ by 92.5% in the 4th 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 in the last quarter. Osterweis Capital Management Inc. acquired a new position in shares of AZZ during the second quarter worth $30,000. Kilter Group LLC acquired a new position in shares of AZZ during the second quarter worth $33,000. Kestra Advisory Services LLC purchased a new position in AZZ in the fourth quarter valued at $38,000. Finally, Clearstead Advisors LLC increased its holdings in AZZ by 184.3% in the fourth quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock valued at $39,000 after buying an additional 234 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

AZZ Trading Down 0.7%

Shares of AZZ stock opened at $139.78 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.92. The stock has a market capitalization of $4.20 billion, a P/E ratio of 21.31 and a beta of 1.12. The company has a 50 day moving average price of $148.91 and a 200 day moving average price of $140.49. AZZ has a fifty-two week low of $92.98 and a fifty-two week high of $162.20.

AZZ (NYSE:AZZ) last released its earnings results on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.05. The company had revenue of $448.53 million for the quarter, compared to analyst estimates of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.78 EPS. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. Equities research analysts predict that AZZ will post 6.93 EPS for the current fiscal year.

AZZ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th were given a dividend of $0.24 per share. This is a boost from AZZ’s previous quarterly dividend of $0.20. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, July 9th. AZZ’s dividend payout ratio is presently 14.63%.

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.