Brokerages Set AZZ Inc. (NYSE:AZZ) Price Target at $127.00

Shares of AZZ Inc. (NYSE:AZZ) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $127.00.

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Evercore reaffirmed an “outperform” rating and issued a $137.00 price target on shares of AZZ in a report on Wednesday, March 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Noble Financial reissued an “outperform” rating on shares of AZZ in a research note on Tuesday, February 17th. Finally, Robert W. Baird set a $125.00 target price on AZZ in a report on Friday, January 9th.

Insider Transactions at AZZ

In other AZZ news, insider Tara D. Mackey sold 2,923 shares of AZZ stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total transaction of $397,528.00. Following the transaction, the insider directly owned 22,373 shares of the company’s stock, valued at $3,042,728. The trade was a 11.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas E. Ferguson sold 25,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $127.29, for a total transaction of $3,182,250.00. Following the completion of the transaction, the chief executive officer owned 158,182 shares in the company, valued at $20,134,986.78. The trade was a 13.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,281 shares of company stock worth $4,239,080 over the last ninety days. 1.77% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its position in AZZ by 92.5% in the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 124 shares during the period. Osterweis Capital Management Inc. purchased a new position in shares of AZZ during the 2nd quarter worth $30,000. Kestra Advisory Services LLC acquired a new stake in shares of AZZ during the 4th quarter worth about $38,000. Clearstead Advisors LLC increased its position in shares of AZZ by 184.3% during the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 234 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in AZZ by 55.9% in the 4th quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock valued at $41,000 after buying an additional 137 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

AZZ Price Performance

AZZ opened at $122.88 on Thursday. The business has a fifty day moving average of $128.52 and a 200 day moving average of $114.54. 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 stock has a market cap of $3.67 billion, a P/E ratio of 11.55 and a beta of 1.11. AZZ has a 52-week low of $70.90 and a 52-week high of $141.18.

AZZ (NYSE:AZZ) last posted its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The firm had revenue of $425.75 million for the quarter, compared to analyst estimates of $412.97 million. AZZ’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 earnings per share. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, sell-side analysts anticipate that AZZ will post 5.13 EPS for the current year.

AZZ announced that its Board of Directors has initiated a share buyback 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 buy up to 2.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

AZZ Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Thursday, February 5th were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.7%. AZZ’s dividend payout ratio is currently 7.52%.

About AZZ

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.