AZZ Inc. (NYSE:AZZ) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst sentiment is moderately bullish: Six analysts give AZZ a consensus “Moderate Buy” rating, with four buys and two holds. The average 12-month price target is $155.25.
• AZZ exceeded quarterly expectations, reporting $1.85 in EPS versus the $1.80 consensus and revenue of $448.53 million, up 6.3% year over year. Shares recently opened at $141.30, below the average analyst target.
• The company increased its quarterly dividend from $0.20 to $0.24 per share, equivalent to a $0.96 annualized payout and a 0.7% yield. Institutional investors own 90.93% of AZZ, while two chief operating officers recently sold shares.

Shares of AZZ Inc. (NYSE:AZZ - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the six analysts that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $155.25.

Several equities analysts recently weighed in on the stock. Evercore reissued an "outperform" rating and issued a $152.00 target price on shares of AZZ in a research note on Monday, April 27th. Weiss Ratings lowered shares of AZZ from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, July 9th. Wall Street Zen cut shares of AZZ from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. Wells Fargo & Company lifted their price objective on shares of AZZ from $138.00 to $144.00 and gave the company an "equal weight" rating in a research report on Friday, July 10th. Finally, B. Riley Financial boosted their price objective on shares of AZZ from $169.00 to $170.00 and gave the stock a "buy" rating in a research note on Monday, July 13th.

Insider Activity at AZZ

In other AZZ news, COO Jeffrey Vellines sold 4,220 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $153.55, for a total transaction of $647,981.00. Following the completion of the sale, the chief operating officer owned 1,834 shares of the company's stock, valued at $281,610.70. This trade represents a 69.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Bryan Lee Stovall sold 2,677 shares of the firm's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $150.07, for a total value of $401,737.39. Following the sale, the chief operating officer directly owned 35,000 shares of the company's stock, valued at $5,252,450. This represents a 7.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.70% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AZZ. Royal Bank of Canada boosted its holdings in shares of AZZ by 8.8% during the first quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company's stock worth $1,055,000 after acquiring an additional 1,024 shares during the period. AQR Capital Management LLC increased its stake in shares of AZZ by 26.2% during the first quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company's stock worth $519,000 after purchasing an additional 1,290 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in AZZ by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company's stock worth $1,462,000 after purchasing an additional 771 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in AZZ by 21.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company's stock worth $7,030,000 after purchasing an additional 14,965 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in AZZ by 185.9% in the 1st quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company's stock valued at $4,274,000 after purchasing an additional 33,238 shares during the period. 90.93% of the stock is owned by institutional investors.

AZZ Price Performance

NYSE:AZZ opened at $141.30 on Friday. AZZ has a 52-week low of $92.98 and a 52-week high of $162.20. The company has a market cap of $4.25 billion, a P/E ratio of 21.54 and a beta of 1.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.92. The stock's 50-day simple moving average is $150.01 and its 200 day simple moving average is $140.07.

AZZ (NYSE:AZZ - Get Free Report) last issued its quarterly earnings results on Wednesday, July 8th. The industrial products company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.80 by $0.05. The firm had revenue of $448.53 million during the quarter, compared to analysts' expectations of $434.58 million. AZZ had a return on equity of 14.18% and a net margin of 11.83%.The business's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.78 earnings per share. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. As a group, sell-side analysts forecast that AZZ will post 6.93 EPS for the current fiscal year.

AZZ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were issued a dividend of $0.24 per share. The ex-dividend date was Thursday, July 9th. This is an increase from AZZ's previous quarterly dividend of $0.20. This represents a $0.96 dividend on an annualized basis and a yield of 0.7%. AZZ's dividend payout ratio is 14.63%.

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.

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