Westwood Wealth Management Makes New Investment in AZZ Inc. $AZZ

Westwood Wealth Management bought a new position in shares of AZZ Inc. (NYSE:AZZ) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,000 shares of the industrial products company’s stock, valued at approximately $750,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oliver Luxxe Assets LLC grew its position in AZZ by 0.5% during the fourth quarter. Oliver Luxxe Assets LLC now owns 18,164 shares of the industrial products company’s stock worth $1,947,000 after buying an additional 96 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in AZZ by 40.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 458 shares of the industrial products company’s stock valued at $50,000 after acquiring an additional 131 shares in the last quarter. Arizona State Retirement System lifted its position in shares of AZZ by 1.8% during the 3rd quarter. Arizona State Retirement System now owns 8,437 shares of the industrial products company’s stock valued at $921,000 after acquiring an additional 153 shares during the period. Huntington National Bank grew its holdings in shares of AZZ by 56.8% during the 3rd quarter. Huntington National Bank now owns 428 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 155 shares in the last quarter. Finally, Zacks Investment Management increased its position in shares of AZZ by 3.7% in the third quarter. Zacks Investment Management now owns 4,705 shares of the industrial products company’s stock worth $514,000 after purchasing an additional 169 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

AZZ Stock Performance

Shares of AZZ stock opened at $126.48 on Friday. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 11.89 and a beta of 1.15. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41. The business’s 50-day moving average price is $128.61 and its 200-day moving average price is $114.84. AZZ Inc. has a 12 month low of $70.90 and a 12 month high of $141.18.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The company had revenue of $425.75 million during the quarter, compared to the consensus estimate of $412.97 million. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Equities research analysts forecast that AZZ Inc. will post 5.13 EPS for the current year.

AZZ Announces Dividend

The business 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. 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 is presently 7.52%.

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

Analysts Set New Price Targets

AZZ has been the topic of several recent analyst reports. Evercore reissued an “outperform” rating and issued a $137.00 target price 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. Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Noble Financial restated an “outperform” rating on shares of AZZ in a research note on Tuesday, February 17th. Finally, Robert W. Baird set a $125.00 price target on AZZ in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $127.00.

Insider Buying and Selling at AZZ

In other AZZ news, CEO Thomas E. Ferguson sold 25,000 shares of the firm’s stock in a transaction that occurred on 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 approximately $20,134,986.78. This trade represents a 13.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tara D. Mackey sold 2,923 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total transaction of $397,528.00. Following the completion of the transaction, the insider owned 22,373 shares in the company, valued at $3,042,728. This trade represents a 11.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 33,281 shares of company stock valued at $4,239,080. 1.77% of the stock is owned by corporate insiders.

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.