3,902 Shares in AZZ Inc. $AZZ Acquired by Orchard Capital Management LLC

Orchard Capital Management LLC purchased a new position in AZZ Inc. (NYSE:AZZ) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,902 shares of the industrial products company’s stock, valued at approximately $605,000. AZZ accounts for 0.6% of Orchard Capital Management LLC’s portfolio, making the stock its 29th biggest holding.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of AZZ during the second quarter valued at approximately $719,876,000. Vanguard Group Inc. boosted its stake in shares of AZZ by 2.4% in 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 purchasing an additional 80,099 shares during the period. Capital International Investors grew its holdings in AZZ by 2.5% during the 4th quarter. Capital International Investors now owns 2,009,812 shares of the industrial products company’s stock valued at $215,412,000 after purchasing an additional 48,565 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in AZZ by 0.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,783,663 shares of the industrial products company’s stock valued at $191,174,000 after purchasing an additional 15,744 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in AZZ by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,182,140 shares of the industrial products company’s stock worth $126,706,000 after buying an additional 49,509 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades

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

AZZ Price Performance

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

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. The company had revenue of $448.53 million during the quarter, compared to the consensus estimate of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 earnings per share. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. On average, research analysts forecast that AZZ Inc. will post 6.93 earnings per share for the current year.

AZZ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were paid a $0.24 dividend. 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 annualized dividend and a dividend yield of 0.7%. AZZ’s dividend payout ratio (DPR) is 14.63%.

Insider Buying and Selling

In related 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 sale, the chief operating officer directly 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey Vellines sold 4,220 shares of AZZ stock in a transaction 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 directly owned 1,834 shares in the company, valued at $281,610.70. The trade was a 69.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.70% of the company’s stock.

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.