AZZ Inc. $AZZ Shares Bought by SG Capital Management LLC

SG Capital Management LLC lifted its position in AZZ Inc. (NYSE:AZZ) by 111.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 376,040 shares of the industrial products company’s stock after buying an additional 198,036 shares during the quarter. AZZ comprises approximately 3.7% of SG Capital Management LLC’s holdings, making the stock its 5th biggest position. SG Capital Management LLC owned approximately 1.25% of AZZ worth $41,037,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in shares of AZZ by 9.7% in the third quarter. Principal Financial Group Inc. now owns 162,812 shares of the industrial products company’s stock valued at $17,768,000 after purchasing an additional 14,430 shares during the period. Robeco Schweiz AG acquired a new position in AZZ in the 3rd quarter valued at about $4,365,000. Assenagon Asset Management S.A. bought a new position in AZZ in the 3rd quarter valued at about $1,671,000. AlphaQuest LLC acquired a new stake in AZZ during the third quarter worth approximately $1,032,000. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of AZZ by 11.7% during the second quarter. Asset Management One Co. Ltd. now owns 59,351 shares of the industrial products company’s stock worth $5,607,000 after acquiring an additional 6,220 shares during the period. 90.93% of the stock is owned by institutional investors.

AZZ News Roundup

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: Noble raised FY2027 guidance and near‑term quarterly estimates — FY2027 EPS raised to $6.70 (from $6.60); Q2 2027 to $1.74 (from $1.72); Q3 2027 to $1.72 (from $1.68); Q4 2027 to $1.44 (from $1.39). These upward revisions suggest stronger-than-expected 2027 profit trajectory, supporting the stock.
• Positive Sentiment: Noble increased FY2028 EPS to $7.05 (from $7.03), signaling modestly better medium‑term earnings visibility and reinforcing the analyst’s bullish stance.
• Neutral Sentiment: Noble maintained an “Outperform” rating on AZZ, leaving the firm’s overall recommendation unchanged; the consensus for the current fiscal year remains near $5.13 EPS.
• Negative Sentiment: Offsetting the upgrades, Noble trimmed longer‑term estimates slightly — FY2029 to $7.38 (from $7.41) and FY2030 to $7.69 (from $7.76) — which modestly reduces longer‑horizon upside expectations.
• Negative Sentiment: Noble lowered Q1 2027 by a penny to $1.80 (from $1.81); the cut is minimal but highlights some near‑quarter variability risk.

Insider Activity at AZZ

In other AZZ news, insider Tara D. Mackey sold 2,923 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total value of $397,528.00. Following the sale, the insider owned 22,373 shares in the company, valued at $3,042,728. This trade represents a 11.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Thomas E. Ferguson sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total transaction of $3,182,250.00. Following the sale, the chief executive officer directly owned 158,182 shares in the company, valued at approximately $20,134,986.78. The trade was a 13.65% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 33,281 shares of company stock valued at $4,239,080. 1.77% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AZZ has been the subject of several research reports. Noble Financial reissued an “outperform” rating on shares of AZZ in a report on Tuesday. Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Robert W. Baird set a $125.00 target price on shares of AZZ in a research report on Friday, January 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, AZZ has a consensus rating of “Moderate Buy” and a consensus target price of $119.00.

AZZ Trading Down 3.2%

Shares of AZZ opened at $133.25 on Thursday. 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 52-week low of $70.90 and a 52-week high of $141.18. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 12.52 and a beta of 1.13. The business’s fifty day moving average is $120.18 and its 200-day moving average is $111.76.

AZZ (NYSE:AZZ) last released its quarterly earnings data 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 business had revenue of $425.75 million for the quarter, compared to analyst estimates of $412.97 million. AZZ had a return on equity of 14.45% and a net margin of 19.89%.AZZ’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Equities analysts anticipate that AZZ Inc. will post 5.13 EPS for the current fiscal year.

AZZ declared that its board has approved a stock repurchase plan 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 plans are usually a sign that the company’s management believes its shares are undervalued.

AZZ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 5th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, February 5th. AZZ’s dividend payout ratio is currently 7.52%.

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.