33,201 Shares in AZZ Inc. $AZZ Bought by De Lisle Partners LLP

De Lisle Partners LLP purchased a new stake in shares of AZZ Inc. (NYSE:AZZ) in the second quarter, Holdings Channel reports. The firm purchased 33,201 shares of the industrial products company’s stock, valued at approximately $5,148,000.

Several other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its holdings in AZZ by 92.5% in the 4th quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 124 shares during the last quarter. Osterweis Capital Management Inc. bought a new position in shares of AZZ during the second quarter valued at about $30,000. Kilter Group LLC bought a new position in shares of AZZ during the second quarter valued at about $33,000. Kestra Advisory Services LLC purchased a new stake in shares of AZZ during the fourth quarter worth about $38,000. Finally, Clearstead Advisors LLC boosted its holdings in shares of AZZ by 184.3% during the fourth 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 period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

AZZ Trading Up 1.3%

NYSE:AZZ opened at $141.30 on Friday. The company has a 50-day moving average price of $150.01 and a 200-day moving average price of $140.07. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 21.54 and a beta of 1.12. The company has a current ratio of 1.92, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. AZZ Inc. has a 12 month low of $92.98 and a 12 month high of $162.20.

AZZ (NYSE:AZZ) last announced its quarterly earnings results on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.05. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The company had revenue of $448.53 million for the quarter, compared to analysts’ expectations of $434.58 million. During the same quarter in the previous year, the company earned $1.78 earnings per share. AZZ’s quarterly revenue was up 6.3% on a year-over-year basis. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. Equities analysts predict that AZZ Inc. will post 6.93 EPS for the current year.

AZZ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from AZZ’s previous quarterly dividend of $0.20. AZZ’s payout ratio is presently 14.63%.

Wall Street Analysts Forecast Growth

AZZ has been the topic of a number of research analyst reports. Wall Street Zen downgraded AZZ from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings cut AZZ from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, July 9th. B. Riley Financial lifted their price objective on AZZ from $169.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Evercore reissued an “outperform” rating and set a $152.00 target price on shares of AZZ in a research note on Monday, April 27th. Finally, Wells Fargo & Company upped their target price on AZZ from $138.00 to $144.00 and gave the company an “equal weight” rating in a report on Friday, July 10th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $155.25.

Insider Buying and Selling

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

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.