Tara Mackey Sells 2,923 Shares of AZZ (NYSE:AZZ) Stock

AZZ Inc. (NYSE:AZZ) insider Tara Mackey sold 2,923 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total value of $397,528.00. Following the completion of the transaction, the insider directly owned 22,373 shares in the company, valued at $3,042,728. The trade was a 11.56% 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.

AZZ Trading Up 1.8%

AZZ stock opened at $140.30 on Friday. The business has a fifty day moving average price of $118.33 and a 200 day moving average price of $111.18. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 1.21. AZZ Inc. has a fifty-two week low of $70.90 and a fifty-two week high of $141.18. The stock has a market capitalization of $4.19 billion, a price-to-earnings ratio of 13.19 and a beta of 1.13.

AZZ (NYSE:AZZ) last posted its quarterly earnings data on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, topping 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 company had revenue of $425.75 million for the quarter, compared to analyst estimates of $412.97 million. During the same quarter in the previous year, the firm earned $1.39 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Analysts expect that AZZ Inc. will post 5.13 EPS for the current fiscal year.

AZZ declared that its Board of Directors has initiated a share buyback program on Friday, January 30th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to repurchase 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 shares are undervalued.

AZZ Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Finally, Robert W. Baird set a $125.00 price target on AZZ in a report on Friday, January 9th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $119.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of AZZ by 8.8% during the first quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company’s stock worth $1,055,000 after purchasing an additional 1,024 shares during the period. AQR Capital Management LLC increased its stake in shares of AZZ by 26.2% in the 1st quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company’s stock valued at $519,000 after acquiring an additional 1,290 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of AZZ by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company’s stock valued at $1,462,000 after acquiring an additional 771 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in AZZ by 21.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company’s stock worth $7,030,000 after acquiring an additional 14,965 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in AZZ by 185.9% during the first quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company’s stock valued at $4,274,000 after purchasing an additional 33,238 shares during the period. 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.