Key Points
- AZZ CEO Thomas Ferguson sold 25,000 shares on Feb. 3 at an average price of $127.29 (totaling $3,182,250), reducing his stake by 13.65% to 158,182 shares; the transaction was disclosed in an SEC filing.
- AZZ announced a $100 million share repurchase plan (up to ~2.7% of outstanding shares) and declared a quarterly dividend of $0.20 (ex-dividend Feb. 5, payable Feb. 26), indicating a push toward shareholder returns.
- Recent quarter beat expectations: AZZ reported $1.52 EPS versus $1.43 expected and revenue of $425.8M versus $413M, and set FY2026 guidance of $5.90–$6.20 EPS; the stock carries a market cap of about $3.81B and a PE of ~11.99.
AZZ Inc. (NYSE:AZZ - Get Free Report) CEO Thomas Ferguson sold 25,000 shares of the firm's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total value of $3,182,250.00. Following the completion of the transaction, the chief executive officer owned 158,182 shares in the company, valued at approximately $20,134,986.78. This trade represents a 13.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
AZZ Stock Down 0.1%
AZZ stock opened at $127.58 on Wednesday. The stock has a market cap of $3.81 billion, a PE ratio of 11.99 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66. AZZ Inc. has a one year low of $70.90 and a one year high of $130.69. The stock has a fifty day moving average of $113.84 and a 200 day moving average of $109.89.
AZZ (NYSE:AZZ - Get Free Report) last announced its earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.09. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The business had revenue of $425.75 million for the quarter, compared to analysts' expectations of $412.97 million. During the same period last year, the firm posted $1.39 earnings per share. The business's revenue for the quarter was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, sell-side analysts predict that AZZ Inc. will post 5.13 EPS for the current year.
AZZ announced that its Board of Directors has initiated a stock repurchase plan on Friday, January 30th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the industrial products company to purchase up to 2.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.
AZZ Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 5th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. AZZ's dividend payout ratio (DPR) is presently 7.52%.
Hedge Funds Weigh In On AZZ
A number of hedge funds have recently made changes to their positions in the business. Huntington National Bank raised its stake in AZZ by 206.7% during the 2nd quarter. Huntington National Bank now owns 273 shares of the industrial products company's stock valued at $26,000 after purchasing an additional 184 shares during the period. Osterweis Capital Management Inc. purchased a new stake in AZZ during the 2nd quarter valued at approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of AZZ during the second quarter valued at approximately $34,000. GAMMA Investing LLC lifted its holdings in shares of AZZ by 39.6% in the second quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company's stock worth $35,000 after buying an additional 106 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of AZZ by 55.9% in the fourth 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.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Robert W. Baird set a $125.00 price target on shares of AZZ in a research note on Friday, January 9th. Wells Fargo & Company lowered their target price 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 reissued a "buy (b)" rating on shares of AZZ in a report on Monday, December 29th. Finally, Wall Street Zen raised AZZ from a "hold" rating to a "buy" rating in a research note on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $117.17.
Check Out Our Latest Analysis on AZZ
About AZZ
(
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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