Insider Selling: AZZ (NYSE:AZZ) Insider Sells 1,568 Shares of Stock

AZZ Inc. (NYSE:AZZ) insider Tara Mackey sold 1,568 shares of AZZ stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $119.43, for a total transaction of $187,266.24. Following the completion of the sale, the insider directly owned 28,086 shares of the company’s stock, valued at $3,354,310.98. The trade was a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

AZZ Trading Down 0.8%

Shares of AZZ stock traded down $0.92 during trading hours on Monday, reaching $121.26. 191,738 shares of the company’s stock were exchanged, compared to its average volume of 197,948. AZZ Inc. has a 52-week low of $70.90 and a 52-week high of $122.95. The company has a fifty day moving average of $106.00 and a 200-day moving average of $107.28. 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 $3.62 billion, a price-to-earnings ratio of 11.40 and a beta of 1.13.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The business had revenue of $425.75 million during the quarter, compared to the consensus estimate of $412.97 million. During the same quarter in the previous year, the business earned $1.39 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Sell-side analysts forecast that AZZ Inc. will post 5.13 EPS for the current fiscal year.

AZZ Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 5th will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. AZZ’s dividend payout ratio (DPR) is currently 7.52%.

Analyst Ratings Changes

A number of equities analysts have weighed in on AZZ shares. Robert W. Baird set a $125.00 price target on shares of AZZ in a research note on Friday. Wells Fargo & Company dropped their price objective on AZZ from $128.00 to $121.00 and set an “overweight” rating for the company in a report on Friday, October 10th. B. Riley lifted their target price on AZZ from $131.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AZZ in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, AZZ has a consensus rating of “Moderate Buy” and an average price target of $117.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Huntington National Bank grew its stake in shares of 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 buying an additional 184 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in AZZ in the 2nd quarter worth approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in AZZ in the second quarter valued at approximately $34,000. GAMMA Investing LLC raised its stake in shares of AZZ by 39.6% during the second quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 106 shares during the period. Finally, Assetmark Inc. acquired a new position in shares of AZZ during the third quarter worth $46,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

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.