Key Points
- Tara Mackey sold 2,923 shares of AZZ on Feb 11 at an average price of $136, generating proceeds of $397,528 and reducing her stake by 11.56% to 22,373 shares, per the SEC filing.
- AZZ topped quarterly expectations with $1.52 EPS and $425.75 million in revenue, and set FY2026 guidance of 5.900–6.200 EPS (sell-side consensus ~5.13).
- The company declared a quarterly dividend of $0.20 per share (annualized $0.80, ~0.6% yield) and authorized a $100.00 million share buyback program (up to ~2.7% of shares).
AZZ Inc. (NYSE:AZZ - Get Free Report) insider Tara Mackey sold 2,923 shares of the business's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total transaction of $397,528.00. Following the sale, the insider directly owned 22,373 shares of the company's stock, valued at approximately $3,042,728. The trade was a 11.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
AZZ Price Performance
Shares of AZZ stock opened at $137.45 on Friday. The stock has a market cap of $4.10 billion, a P/E ratio of 12.92 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. The stock's fifty day moving average is $117.62 and its 200 day moving average is $110.98. AZZ Inc. has a one year low of $70.90 and a one year high of $140.70.
AZZ (NYSE:AZZ - Get Free Report) last issued its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $412.97 million. During the same quarter in the prior year, the business posted $1.39 earnings per share. The business's quarterly revenue was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Sell-side analysts anticipate that AZZ Inc. will post 5.13 earnings per share for the current year.
AZZ Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 5th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.80 annualized dividend and a yield of 0.6%. AZZ's payout ratio is currently 7.52%.
AZZ declared that its board has authorized a share buyback program on Friday, January 30th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the industrial products company to repurchase up to 2.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.
Institutional Investors Weigh In On AZZ
Large investors have recently made changes to their positions in the company. Cibc World Markets Corp purchased a new stake in shares of AZZ in the fourth quarter worth about $211,000. Commonwealth Equity Services LLC increased its stake in AZZ by 13.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,570 shares of the industrial products company's stock worth $276,000 after acquiring an additional 303 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of AZZ by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,182,140 shares of the industrial products company's stock worth $126,706,000 after acquiring an additional 49,509 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of AZZ by 21.3% during the 4th quarter. Federated Hermes Inc. now owns 285,800 shares of the industrial products company's stock valued at $30,632,000 after acquiring an additional 50,100 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in shares of AZZ by 131.2% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 299,147 shares of the industrial products company's stock valued at $32,063,000 after purchasing an additional 169,772 shares in the last quarter. 90.93% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of AZZ in a report on Monday, December 29th. Robert W. Baird set a $125.00 price objective on AZZ in a research report on Friday, January 9th. Finally, Wall Street Zen upgraded AZZ from a "hold" rating to a "buy" rating in a research report on Saturday, January 10th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, AZZ presently has a consensus rating of "Moderate Buy" and a consensus price target of $119.00.
Get Our Latest Stock Report 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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
