Shares of AZZ Inc. (NYSE:AZZ – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $127.00.
Several research analysts have weighed in on AZZ shares. Noble Financial reaffirmed an “outperform” rating on shares of AZZ in a report on Tuesday, February 17th. Robert W. Baird set a $125.00 target price on AZZ in a research report on Friday, January 9th. Evercore reaffirmed an “outperform” rating and set a $137.00 price target on shares of AZZ in a research report on Wednesday, March 4th. Wells Fargo & Company downgraded AZZ from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $127.00 to $132.00 in a research note on Monday, March 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AZZ in a report on Monday, December 29th.
View Our Latest Research Report on AZZ
Insider Buying and Selling at AZZ
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Hantz Financial Services Inc. grew its holdings 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 worth $28,000 after purchasing an additional 124 shares in the last quarter. Osterweis Capital Management Inc. purchased a new stake in AZZ in the second quarter valued at approximately $30,000. Kestra Advisory Services LLC bought a new stake in AZZ during the fourth quarter valued at approximately $38,000. Clearstead Advisors LLC lifted its position in AZZ by 184.3% during the fourth quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 234 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in AZZ by 55.9% in the 4th quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock worth $41,000 after buying an additional 137 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.
AZZ Stock Performance
Shares of AZZ stock opened at $126.33 on Thursday. The firm has a market capitalization of $3.77 billion, a PE ratio of 11.87 and a beta of 1.11. The firm has a fifty day simple moving average of $128.54 and a two-hundred day simple moving average of $114.68. AZZ has a 12 month low of $70.90 and a 12 month high of $141.18. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41.
AZZ (NYSE:AZZ – Get Free Report) last released its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $425.75 million during the quarter, compared to analyst estimates of $412.97 million. AZZ had a return on equity of 14.45% and a net margin of 19.89%.AZZ’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 EPS. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Analysts forecast that AZZ will post 5.13 EPS for the current fiscal year.
AZZ declared that its board has authorized a share repurchase plan on Friday, January 30th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the industrial products company to purchase up to 2.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.
AZZ Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Thursday, February 5th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Thursday, February 5th. AZZ’s dividend payout ratio (DPR) is currently 7.52%.
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.
Further Reading
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