4,510 Shares in AZZ Inc. $AZZ Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in shares of AZZ Inc. (NYSE:AZZ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,510 shares of the industrial products company’s stock, valued at approximately $564,000.

A number of other institutional investors also recently bought and sold shares of the company. Lido Advisors LLC boosted its position in AZZ by 3.0% in the fourth quarter. Lido Advisors LLC now owns 2,633 shares of the industrial products company’s stock worth $286,000 after purchasing an additional 77 shares during the last quarter. Oliver Luxxe Assets LLC increased its position 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 valued at $1,947,000 after purchasing an additional 96 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of AZZ by 1.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,882 shares of the industrial products company’s stock valued at $738,000 after purchasing an additional 100 shares during the last quarter. LPL Financial LLC lifted its stake in shares of AZZ by 1.0% in the 4th quarter. LPL Financial LLC now owns 10,593 shares of the industrial products company’s stock worth $1,135,000 after purchasing an additional 101 shares during the period. Finally, Hantz Financial Services Inc. lifted its stake in shares of AZZ by 92.5% in the 4th 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. Institutional investors own 90.93% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AZZ. Wall Street Zen lowered shares of AZZ from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings downgraded shares of AZZ from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. B. Riley Financial lifted their price target on shares of AZZ from $169.00 to $170.00 and gave the stock a “buy” rating in a research note on Monday. Wells Fargo & Company boosted their price objective on shares of AZZ from $138.00 to $144.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Robert W. Baird upped their price objective on AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.25.

AZZ Stock Down 0.0%

AZZ stock opened at $146.43 on Tuesday. AZZ Inc. has a twelve month low of $92.98 and a twelve month high of $162.20. The company has a quick ratio of 1.39, a current ratio of 1.92 and a debt-to-equity ratio of 0.35. The stock has a market cap of $4.40 billion, a P/E ratio of 22.32 and a beta of 1.11. The business’s 50-day moving average price is $145.76 and its 200-day moving average price is $133.87.

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, topping the consensus estimate of $1.80 by $0.05. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The company had revenue of $448.53 million during the quarter, compared to analyst estimates of $434.58 million. During the same period in the prior year, the firm posted $1.78 EPS. The firm’s quarterly 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. On average, equities research analysts forecast that AZZ Inc. will post 6.85 EPS for the current year.

AZZ Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th will be given a $0.24 dividend. The ex-dividend date is Thursday, July 9th. This is an increase from AZZ’s previous quarterly dividend of $0.20. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.7%. AZZ’s dividend payout ratio (DPR) is currently 14.63%.

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.