AZZ Inc. (NYSE:AZZ) Receives $155.25 Consensus Target Price from Brokerages

AZZ Inc. (NYSE:AZZ) has been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $155.25.

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

AZZ Stock Performance

Shares of AZZ stock opened at $138.61 on Friday. The firm has a 50 day moving average of $148.54 and a 200-day moving average of $140.48. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 21.13 and a beta of 1.12. The company has a quick ratio of 1.39, a current ratio of 1.92 and a debt-to-equity ratio of 0.35. AZZ has a 52 week low of $92.98 and a 52 week high of $162.20.

AZZ (NYSE:AZZ) last released its 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. The company had revenue of $448.53 million for the quarter, compared to the consensus estimate of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. AZZ’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.78 EPS. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. On average, equities analysts forecast that AZZ will post 6.93 earnings per share for the current year.

AZZ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, July 9th. This is an increase from AZZ’s previous quarterly dividend of $0.20. AZZ’s payout ratio is 14.63%.

Insiders Place Their Bets

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

Institutional Trading of AZZ

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. boosted its position in shares of AZZ by 92.5% during the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock valued at $28,000 after buying an additional 124 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in AZZ in the 2nd quarter valued at $30,000. Kilter Group LLC bought a new position in AZZ during the 2nd quarter valued at $33,000. Kestra Advisory Services LLC bought a new position in AZZ during the 4th quarter valued at $38,000. Finally, Clearstead Advisors LLC boosted its holdings in AZZ by 184.3% during the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 234 shares during the last quarter. 90.93% of the stock is owned by institutional investors.

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.