SG Capital Management LLC Has $41.04 Million Stake in AZZ Inc. $AZZ

SG Capital Management LLC boosted its holdings in shares of AZZ Inc. (NYSE:AZZ) by 111.3% during the third quarter, HoldingsChannel reports. The fund owned 376,040 shares of the industrial products company’s stock after purchasing an additional 198,036 shares during the quarter. AZZ comprises 3.7% of SG Capital Management LLC’s holdings, making the stock its 5th largest position. SG Capital Management LLC’s holdings in AZZ were worth $41,037,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Huntington National Bank increased its holdings in AZZ by 206.7% in the second quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 184 shares during the period. Osterweis Capital Management Inc. bought a new stake in shares of AZZ in the 2nd quarter valued at about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of AZZ in the second quarter valued at about $34,000. Assetmark Inc. bought a new position in shares of AZZ during the third quarter worth about $46,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of AZZ by 40.1% in the third quarter. Smartleaf Asset Management LLC now owns 458 shares of the industrial products company’s stock worth $50,000 after acquiring an additional 131 shares during the period. Institutional investors own 90.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on AZZ. Noble Financial restated an “outperform” rating on shares of AZZ in a report on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Finally, Robert W. Baird set a $125.00 price objective on AZZ in a research note on Friday, January 9th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $119.00.

AZZ Trading Down 3.2%

AZZ opened at $133.25 on Thursday. The company has a fifty day moving average price of $120.18 and a two-hundred day moving average price of $111.76. AZZ Inc. has a 1-year low of $70.90 and a 1-year high of $141.18. The company has a market cap of $3.98 billion, a P/E ratio of 12.52 and a beta of 1.13. 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 (NYSE:AZZ) last released 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. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The company had revenue of $425.75 million for the quarter, compared to analysts’ expectations of $412.97 million. During the same quarter in the prior year, the firm earned $1.39 EPS. The business’s revenue was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Analysts predict that AZZ Inc. will post 5.13 EPS for the current fiscal year.

AZZ Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 5th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, February 5th. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. AZZ’s payout ratio is currently 7.52%.

AZZ declared that its board has initiated a share repurchase plan on Friday, January 30th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the industrial products company to buy up to 2.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

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

AZZ News Roundup

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: Noble raised FY2027 guidance and near‑term quarterly estimates — FY2027 EPS raised to $6.70 (from $6.60); Q2 2027 to $1.74 (from $1.72); Q3 2027 to $1.72 (from $1.68); Q4 2027 to $1.44 (from $1.39). These upward revisions suggest stronger-than-expected 2027 profit trajectory, supporting the stock.
• Positive Sentiment: Noble increased FY2028 EPS to $7.05 (from $7.03), signaling modestly better medium‑term earnings visibility and reinforcing the analyst’s bullish stance.
• Neutral Sentiment: Noble maintained an “Outperform” rating on AZZ, leaving the firm’s overall recommendation unchanged; the consensus for the current fiscal year remains near $5.13 EPS.
• Negative Sentiment: Offsetting the upgrades, Noble trimmed longer‑term estimates slightly — FY2029 to $7.38 (from $7.41) and FY2030 to $7.69 (from $7.76) — which modestly reduces longer‑horizon upside expectations.
• Negative Sentiment: Noble lowered Q1 2027 by a penny to $1.80 (from $1.81); the cut is minimal but highlights some near‑quarter variability risk.

AZZ 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.