Tara Mackey Sells 1,000 Shares of AZZ (NYSE:AZZ) Stock

AZZ Inc. (NYSE:AZZ) insider Tara Mackey sold 1,000 shares of the stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $118.71, for a total value of $118,710.00. Following the transaction, the insider owned 29,654 shares in the company, valued at $3,520,226.34. This trade represents a 3.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

AZZ Price Performance

NYSE:AZZ traded down $0.92 during mid-day trading on Monday, reaching $121.26. The stock had a trading volume of 191,738 shares, compared to its average volume of 197,948. The stock has a market capitalization of $3.62 billion, a P/E ratio of 11.40 and a beta of 1.13. The firm has a 50 day moving average price of $106.00 and a two-hundred day moving average price of $107.28. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66. AZZ Inc. has a one year low of $70.90 and a one year high of $122.95.

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

AZZ Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, October 10th. Weiss Ratings restated a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Robert W. Baird set a $125.00 price objective on AZZ in a research report on Friday. B. Riley raised their target price on shares of AZZ from $131.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Finally, Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a research note on Saturday. One research 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’s stock. According to data from MarketBeat, AZZ currently has a consensus rating of “Moderate Buy” and an average price target of $117.17.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its position in shares of AZZ by 217.5% in the 4th quarter. SG Americas Securities LLC now owns 9,275 shares of the industrial products company’s stock worth $994,000 after purchasing an additional 6,354 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in AZZ during the 4th quarter valued at approximately $429,000. Oliver Luxxe Assets LLC grew its holdings in shares of AZZ by 0.5% during the 4th quarter. Oliver Luxxe Assets LLC now owns 18,164 shares of the industrial products company’s stock worth $1,947,000 after acquiring an additional 96 shares during the period. JPMorgan Chase & Co. raised its position in shares of AZZ by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 163,954 shares of the industrial products company’s stock worth $17,892,000 after acquiring an additional 11,405 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its stake in shares of AZZ by 157.6% in the 3rd quarter. Tudor Investment Corp ET AL now owns 182,960 shares of the industrial products company’s stock valued at $19,966,000 after purchasing an additional 111,942 shares during the period. 90.93% of the stock is owned by hedge funds and other institutional investors.

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.