AZZ Inc. (AZZ) To Go Ex-Dividend on February 5th

AZZ Inc. (NYSE:AZZ) announced a quarterly dividend on Wednesday, January 7th. Investors of record on Thursday, February 5th will be given a dividend of 0.20 per share by the industrial products company on Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 5th.

AZZ has a payout ratio of 12.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AZZ to earn $5.81 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 13.8%.

AZZ Stock Up 2.8%

Shares of NYSE AZZ opened at $127.77 on Tuesday. 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 firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 12.01 and a beta of 1.13. The business has a 50-day moving average of $113.42 and a 200-day moving average of $109.78. AZZ has a 12 month low of $70.90 and a 12 month high of $128.18.

AZZ (NYSE:AZZ) last released its 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. The company had revenue of $425.75 million during the quarter, compared to the consensus estimate of $412.97 million. AZZ had a return on equity of 14.45% and a net margin of 19.89%.AZZ’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Sell-side analysts expect that AZZ will post 5.13 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Tara D. Mackey sold 2,790 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $126.64, for a total transaction of $353,325.60. Following the sale, the insider owned 25,296 shares of the company’s stock, valued at $3,203,485.44. This trade represents a 9.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last quarter, insiders have sold 5,358 shares of company stock worth $659,302. Company insiders own 1.77% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AZZ. Vanguard Group Inc. lifted its position in AZZ by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 3,357,370 shares of the industrial products company’s stock valued at $359,843,000 after acquiring an additional 80,099 shares during the last quarter. Capital International Investors raised its position in shares of AZZ by 8.7% in the 3rd quarter. Capital International Investors now owns 1,961,247 shares of the industrial products company’s stock valued at $214,031,000 after purchasing an additional 157,529 shares during the last quarter. Geode Capital Management LLC grew its position in AZZ by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 708,852 shares of the industrial products company’s stock worth $66,981,000 after purchasing an additional 9,326 shares during the last quarter. Copeland Capital Management LLC increased its holdings in shares of AZZ by 222.5% in the fourth quarter. Copeland Capital Management LLC now owns 466,140 shares of the industrial products company’s stock valued at $49,961,000 after purchasing an additional 321,611 shares during the period. Finally, SG Capital Management LLC raised its stake in shares of AZZ by 111.3% in the third quarter. SG Capital Management LLC now owns 376,040 shares of the industrial products company’s stock worth $41,037,000 after purchasing an additional 198,036 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

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.