AZZ Inc. (AZZ)

AZZ's stock price has increased by 64.13% from April 4, 2025, to April 2, 2026, and the company has consistently returned capital to shareholders through cash dividends. In the third quarter of fiscal year 2026, AZZ reported record sales of $425.7 million, a 5.5% increase year-over-year, with the Metal Coatings segment sales rising 15.7%. The Precoat Metals segment experienced a slight decline in revenue (1.8% year-over-year) due to weaker demand in construction, HVAC, and transportation markets. AZZ narrowed its fiscal 2026 guidance for sales and adjusted EBITDA, while raising its adjusted diluted EPS forecast. In February 2026, AZZ stock was up 49% as a new holder disclosed an $8 million buy and the firm revealed updated guidance. The company also announced board and committee changes in March 2026.

AZZ's business is cyclical, influenced by economic cycles and government spending. The Metal Coatings segment's revenue depends on industrial and infrastructure markets, while the Precoat Metals segment serves markets such as construction, appliance, HVAC, container, and transportation, which can experience fluctuations. Unusually wet and cold weather can also impact production days for the Metal Coatings segment. Management believes that infrastructure spending, energy transition projects, and accelerating data center construction will keep coatings demand strong.

AZZ, Inc. is a provider of specialized products and services for the global industrial and infrastructure markets, focusing on metal coatings solutions. The company operates within the Iron & Steel sector, with core business segments in Metal Coatings and Precoat Metals. The Metal Coatings segment offers metal finishing solutions for corrosion protection, primarily serving the North American steel fabrication industry. The Precoat Metals segment provides aesthetic and corrosion protective coatings for steel and aluminum coil, serving various end markets in North America.

AZZ's geographic footprint is concentrated in North America, with an extensive network of facilities across the United States and Canada. As of February 2025, the company operates 41 galvanizing plants and six surface technology plants in North America. The Precoat Metals segment operates through 13 plants in the U.S., with a new facility in Washington, Missouri, expected to be operational in fiscal year 2026.

AZZ has maintained a strong brand reputation within the metal coatings industry. The Metal Coatings segment has received multiple American Galvanizers Association Excellence Awards, highlighting the value of its hot-dip galvanizing solutions. The company is recognized for its technical expertise and commitment to quality and sustainability.

Institutional investors hold approximately 95.8% of AZZ Inc. stock as of June 30, 2025. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, Capital International Investors, Fmr Llc, Dimensional Fund Advisors Lp, State Street Corp, Morgan Stanley, Geode Capital Management, Llc, Wellington Management Group Llp, and Westwood Holdings Group Inc. Individual insiders held about 2.07% of the shares, with the general public holding around 2.1% as of July 28, 2025. As of March 23, 2026, insider ownership was reported at 2.11% of outstanding equity. Top insider shareholders include Thomas E Ferguson (President and CEO), Daniel R Feehan (Director), and Daniel E Berce (Director).