Analysts Set AZZ Inc. (NYSE:AZZ) PT at $155.25

Shares of AZZ Inc. (NYSE:AZZ) have received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $155.25.

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

AZZ Stock Down 1.7%

NYSE AZZ opened at $138.40 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.92 and a quick ratio of 1.39. The stock has a market capitalization of $4.16 billion, a PE ratio of 21.10 and a beta of 1.12. AZZ has a 1 year low of $92.98 and a 1 year high of $162.20. The business’s 50-day moving average is $149.49 and its 200 day moving average is $140.33.

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

AZZ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.24 per share. 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. This is a positive change from AZZ’s previous quarterly dividend of $0.20. AZZ’s payout ratio is presently 14.63%.

Insider Activity

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AZZ. Hantz Financial Services Inc. grew its stake in AZZ by 92.5% in the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 124 shares during the period. Osterweis Capital Management Inc. bought a new position in AZZ in the second quarter worth $30,000. Kilter Group LLC purchased a new position in AZZ during the second quarter valued at $33,000. Kestra Advisory Services LLC purchased a new position in AZZ during the fourth quarter valued at $38,000. Finally, Clearstead Advisors LLC boosted its holdings in shares of AZZ by 184.3% during the 4th 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 in the last quarter. Hedge funds and other institutional investors 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.