AZZ Inc. (NYSE:AZZ) Receives $119.00 Average Target Price from Analysts

Shares of AZZ Inc. (NYSE:AZZ) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $121.20.

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

Insider Buying and Selling

In related news, 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 value of $3,182,250.00. Following the completion of the sale, the chief executive officer owned 158,182 shares of the company’s stock, valued at approximately $20,134,986.78. The trade was a 13.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Tara D. Mackey sold 2,923 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total transaction of $397,528.00. Following the transaction, the insider owned 22,373 shares of the company’s stock, valued at $3,042,728. This represents a 11.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 33,281 shares of company stock valued at $4,239,080 over the last 90 days. Company insiders own 1.77% of the company’s stock.

Institutional Trading of AZZ

Several institutional investors have recently modified their holdings of the stock. Huntington National Bank raised its position in shares of AZZ by 206.7% during the 2nd 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. increased its stake in AZZ by 92.5% during the 4th quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after buying an additional 124 shares in the last quarter. Osterweis Capital Management Inc. purchased a new stake in AZZ during the 2nd quarter worth approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of AZZ during the second quarter valued at approximately $34,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of AZZ in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

AZZ Stock Down 2.4%

NYSE:AZZ opened at $131.31 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 1.21. The company’s fifty day moving average price is $124.81 and its 200-day moving average price is $113.25. AZZ has a 1-year low of $70.90 and a 1-year high of $141.18. The firm has a market capitalization of $3.92 billion, a P/E ratio of 12.34 and a beta of 1.11.

AZZ (NYSE:AZZ) last posted its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $425.75 million for the quarter, compared to analyst estimates of $412.97 million. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 earnings per share. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities research analysts anticipate that AZZ will post 5.13 EPS for the current year.

AZZ declared that its Board of Directors has initiated a share repurchase 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 reacquire up to 2.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

AZZ Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Thursday, February 5th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, February 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. AZZ’s dividend payout ratio (DPR) is 7.52%.

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.