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AZZ

AZZ INC.

At today's price, AZZ INC. (AZZ) is priced for +18.7% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+18.7% growth
Priced In
within-range

Key Takeaways

• AZZ is two coatings businesses bolted together: hot-dip galvanizing in Metal Coatings, where the company runs a 31% EBITDA margin protecting steel for infrastructure customers, and coil coating in Precoat Metals, a lower-margin volume business at 19.8% EBITDA tied to construction and transportation demand. • The biggest near-term risk is leverage layered on a cyclical bottom: net debt sits near 1.9x trailing operating income while Precoat volumes fell on softer construction and transportation

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Institutional ownership

324 institutional managers reported holding AZZ in 13F filings for the quarter ended 2026-03-31. Together they hold about 93% of the company; the top 10 hold 55%. 50 opened new positions that quarter. Held by BlackRock, Vanguard Group, FMR (Fidelity), among others. On the short side, 821k shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (2.7 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AZZ's share count grew 19.6% over the past five years even with $44.55M spent on repurchases. It pays a dividend, and has paid one every year in our records (15 and counting); the current rate is $0.77 a share annually. Cash returned over the past three years: $69.77M in dividends and $20.00M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AZZ over the trailing three years: 2024: 5 buys totaling $95k. 16 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AZZ's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-08+0.8%+10.4%
2023-10-11+6.7%+7.4%
2024-01-10-0.4%+27.7%
2024-04-23+10.9%-5.6%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AZZ's latest 8-K filings: 2026-07-08 (items 2.02, 9.01); 2026-07-07 (items 5.07, 9.01); 2026-06-25 (items 8.01, 9.01); 2026-05-28 (items 7.01, 9.01); 2026-05-08 (items 1.01, 2.03, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.