AZZ (NYSE:AZZ) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of AZZ (NYSE:AZZ – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday morning.

AZZ has been the subject of a number of other reports. Wells Fargo & Company dropped their target price on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating for the company in a report on Friday, October 10th. B. Riley lifted their target price on shares of AZZ from $131.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Robert W. Baird set a $125.00 price target on AZZ in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $117.17.

View Our Latest Stock Analysis on AZZ

AZZ Trading Down 0.8%

NYSE:AZZ opened at $121.26 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.66 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $3.62 billion, a PE ratio of 11.40 and a beta of 1.13. The stock’s 50 day moving average price is $106.40 and its 200 day moving average price is $107.49. AZZ has a 52-week low of $70.90 and a 52-week high of $122.95.

AZZ (NYSE:AZZ – Get Free Report) last announced its 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 for the quarter, compared to analysts’ expectations of $412.97 million. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 EPS. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. On average, research analysts anticipate that AZZ will post 5.13 EPS for the current year.

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 $0.20 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. AZZ’s payout ratio is presently 7.52%.

Insider Transactions at AZZ

In related news, insider Tara D. Mackey sold 1,568 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $119.43, for a total transaction of $187,266.24. Following the sale, the insider directly owned 28,086 shares of the company’s stock, valued at approximately $3,354,310.98. This represents a 5.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.77% of the stock is owned by insiders.

Institutional Investors Weigh In On AZZ

A number of institutional investors have recently modified their holdings of the business. QRG Capital Management Inc. bought a new position in AZZ during the second quarter valued at about $247,000. GAMMA Investing LLC boosted its holdings in AZZ by 39.6% during the second quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 106 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of AZZ in the 3rd quarter valued at approximately $1,671,000. Asset Management One Co. Ltd. raised its holdings in shares of AZZ by 11.7% in the 2nd quarter. Asset Management One Co. Ltd. now owns 59,351 shares of the industrial products company’s stock worth $5,607,000 after buying an additional 6,220 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of AZZ by 5.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 130,377 shares of the industrial products company’s stock worth $14,228,000 after buying an additional 6,530 shares during the period. Institutional investors own 90.93% of the company’s stock.

Key Stories Impacting AZZ

Here are the key news stories impacting AZZ this week:

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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