Measured Wealth Private Client Group LLC Invests $535,000 in AZZ Inc. $AZZ

Measured Wealth Private Client Group LLC bought a new position in shares of AZZ Inc. (NYSE:AZZ) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 4,901 shares of the industrial products company’s stock, valued at approximately $535,000.

Several other institutional investors have also recently added to or reduced their stakes in AZZ. Vanguard Group Inc. grew its stake in AZZ by 2.6% during the third quarter. Vanguard Group Inc. now owns 3,277,271 shares of the industrial products company’s stock worth $357,649,000 after buying an additional 83,983 shares during the last quarter. Capital International Investors raised its stake in shares of AZZ by 8.7% in the third quarter. Capital International Investors now owns 1,961,247 shares of the industrial products company’s stock valued at $214,031,000 after acquiring an additional 157,529 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of AZZ by 1.3% in the 2nd quarter. Geode Capital Management LLC now owns 708,852 shares of the industrial products company’s stock worth $66,981,000 after acquiring an additional 9,326 shares in the last quarter. SG Capital Management LLC boosted its holdings in shares of AZZ by 111.3% in the 3rd quarter. SG Capital Management LLC now owns 376,040 shares of the industrial products company’s stock worth $41,037,000 after acquiring an additional 198,036 shares in the last quarter. Finally, Bank of America Corp DE grew its position in AZZ by 19.9% during the 3rd quarter. Bank of America Corp DE now owns 344,929 shares of the industrial products company’s stock worth $37,642,000 after acquiring an additional 57,334 shares during the last quarter. 90.93% of the stock is owned by institutional investors.

AZZ Stock Performance

AZZ stock opened at $124.02 on Tuesday. The company has a 50 day moving average price of $127.74 and a 200 day moving average price of $113.98. AZZ Inc. has a fifty-two week low of $70.90 and a fifty-two week high of $141.18. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 1.21. The stock has a market capitalization of $3.70 billion, a PE ratio of 11.66 and a beta of 1.11.

AZZ (NYSE:AZZ) last announced its quarterly earnings data 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 firm 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%.The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $1.39 EPS. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Analysts forecast that AZZ Inc. will post 5.13 EPS for the current year.

AZZ declared that its Board of Directors has initiated a share repurchase plan on Friday, January 30th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the industrial products company to purchase up to 2.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

AZZ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Thursday, February 5th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Thursday, February 5th. AZZ’s dividend payout ratio (DPR) is presently 7.52%.

Insider Transactions at AZZ

In other news, insider Tara D. Mackey sold 2,923 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total value of $397,528.00. Following the transaction, the insider owned 22,373 shares of the company’s stock, valued at approximately $3,042,728. This trade represents a 11.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Thomas E. Ferguson sold 25,000 shares of AZZ stock in a transaction that occurred 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 owned 158,182 shares of the company’s stock, valued at approximately $20,134,986.78. This represents a 13.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 33,281 shares of company stock valued at $4,239,080. Corporate insiders own 1.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Robert W. Baird set a $125.00 target price on AZZ in a report on Friday, January 9th. Evercore restated an “outperform” rating and issued a $137.00 target price on shares of AZZ in a research note on Wednesday, March 4th. Wells Fargo & Company cut AZZ from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $127.00 to $132.00 in a report on Monday, March 2nd. Finally, Noble Financial reiterated an “outperform” rating on shares of AZZ in a research report on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, AZZ currently has a consensus rating of “Moderate Buy” and an average price target of $127.00.

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.