Tara Mackey Sells 2,790 Shares of AZZ (NYSE:AZZ) Stock

AZZ Inc. (NYSE:AZZGet Free Report) insider Tara Mackey sold 2,790 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $126.64, for a total transaction of $353,325.60. Following the sale, the insider owned 25,296 shares of the company’s stock, valued at $3,203,485.44. This trade represents a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

AZZ Stock Performance

Shares of NYSE:AZZ traded down $0.51 during midday trading on Thursday, hitting $126.10. The company’s stock had a trading volume of 119,670 shares, compared to its average volume of 138,560. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66. The stock’s 50 day simple moving average is $110.02 and its 200 day simple moving average is $108.77. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 11.85 and a beta of 1.13. AZZ Inc. has a fifty-two week low of $70.90 and a fifty-two week high of $127.88.

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

AZZ Dividend Announcement

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

Institutional Trading of AZZ

Several institutional investors have recently bought and sold shares of the stock. Huntington National Bank grew its position in AZZ by 206.7% in the second quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 184 shares during the period. Osterweis Capital Management Inc. bought a new position in shares of AZZ during the second quarter valued at $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of AZZ in the 2nd quarter valued at $34,000. GAMMA Investing LLC grew its holdings in shares of AZZ by 39.6% in the 2nd quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 106 shares during the last quarter. Finally, Assetmark Inc. acquired a new stake in shares of AZZ during the 3rd quarter worth about $46,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Wall Street Analysts Forecast Growth

AZZ has been the subject of several recent research reports. Robert W. Baird set a $125.00 price target on AZZ in a report on Friday, January 9th. Wells Fargo & Company lowered their price objective on AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a research report on Friday, October 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Finally, Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.17.

Check Out Our Latest Research Report on AZZ

AZZ Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for AZZ (NYSE:AZZ)

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