AZZ Inc. (NYSE:AZZ) is expected to pay $0.17 on Nov 1, 2016. The indicated annual dividend is $0.68. Shareholders owning the stock before Oct 14, 2016 will be eligible to receive the payout. Based on AZZ Inc.’s current price of $54.70, the dividend is 0.31%. This dividend’s record date is Oct 18, 2016 and the announcement date is Oct 3, 2016. The stock increased 0.83% or $0.45 during the last trading session, hitting $54.7. AZZ Inc (NYSE:AZZ) has risen 2.22% since March 10, 2016 and is uptrending. It has underperformed by 5.30% the S&P500.
AZZ Inc. is a provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The company has a market cap of $1.39 billion. The Firm operates through two divisions: Energy segment and Galvanizing segment. It has a 20.13 P/E ratio. The Company’s Energy segment provides services and products designed to support industrial, nuclear and electrical applications.
Insitutional Activity: The institutional sentiment increased to 1.11 in 2016 Q2. Its up 0.07, from 1.04 in 2016Q1. The ratio increased, as 15 funds sold all AZZ Inc shares owned while 56 reduced positions. 15 funds bought stakes while 64 increased positions. They now own 21.32 million shares or 1.25% less from 21.59 million shares in 2016Q1.
Credit Suisse Ag reported 29,652 shares or 0% of all its holdings. Capstone Asset has 0.02% invested in the company for 10,566 shares. Public Sector Pension Invest Board, a Quebec – Canada-based fund reported 18,325 shares. Natl Bank Of Montreal Can has 0% invested in the company for 1,486 shares. Comerica National Bank & Trust last reported 0.01% of its portfolio in the stock. Eagle Boston Investment Mngmt owns 83,970 shares or 0.68% of their US portfolio. The New York-based Pinebridge Invs L P has invested 0.01% in AZZ Inc (NYSE:AZZ). Teachers Retirement Sys Of The State Of Kentucky last reported 0.02% of its portfolio in the stock. Int Grp Incorporated accumulated 0% or 19,283 shares. Ladenburg Thalmann Fin Service has invested 0% of its portfolio in AZZ Inc (NYSE:AZZ). Sawgrass Asset Ltd Liability last reported 0.04% of its portfolio in the stock. Ironwood Limited Liability Company has 17,880 shares for 0.8% of their US portfolio. Dubuque Fincl Bank Communications last reported 0.07% of its portfolio in the stock. Moreover, Dimensional Fund Advsrs Lp has 0.03% invested in AZZ Inc (NYSE:AZZ) for 987,519 shares. Teton Advisors Incorporated holds 0.11% of its portfolio in AZZ Inc (NYSE:AZZ) for 20,000 shares.
Insider Transactions: Since April 29, 2016, the stock had 6 buys, and 2 insider sales for $188,288 net activity. 1,200 shares with value of $74,424 were sold by Pendley Timothy E on Tuesday, July 19. Mackey Tara D bought 361 shares worth $13,870. Bacius Chris M. also bought $11,634 worth of AZZ Inc (NYSE:AZZ) shares. On Monday, October 10 the insider FERGUSON THOMAS E bought $414,293. On Friday, April 29 DOWNEY H KIRK sold $204,674 worth of the stock or 3,750 shares. On Tuesday, September 6 EMERY MATTHEW VARLEY bought $10,199 worth of the stock or 214 shares. 277 shares were bought by Steines Robert Joseph, worth $13,202 on Tuesday, September 6.
AZZ Inc (NYSE:AZZ) Ratings Coverage
Out of 3 analysts covering AZZ (NYSE:AZZ), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. AZZ has been the topic of 4 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Monday, March 28 by Stifel Nicolaus. The firm has “Buy” rating given on Tuesday, September 1 by Zacks. The stock of AZZ Inc (NYSE:AZZ) earned “Neutral” rating by Sidoti on Monday, October 12. BB&T Capital downgraded AZZ Inc (NYSE:AZZ) on Monday, January 11 to “Hold” rating.
More notable recent AZZ Inc (NYSE:AZZ) news were published by: Prnewswire.com which released: “AZZ Inc. Reports Financial Results for the Second Quarter of Fiscal Year 2017” on October 05, 2016, also Prnewswire.com with their article: “AZZ Inc. Announces the Divestiture of its Nuclear Logistics LLC Operating Unit …” published on October 03, 2016, Gurufocus.com published: “Azz Inc (AZZ) President and CEO Thomas E Ferguson Bought $4â€“4,’â€¦â€¦ of Shares” on October 11, 2016. More interesting news about AZZ Inc (NYSE:AZZ) were released by: Prnewswire.com and their article: “AZZ Inc. and Abdulrahman Ababtain Co., Ltd. Announce Joint Venture Agreement” published on September 20, 2016 as well as Prnewswire.com‘s news article titled: “AZZ Announces a 13.3% Increase in Quarterly Cash Dividend from $0.15 Per Share …” with publication date: September 30, 2016.
AZZ Company Profile
AZZ Inc., incorporated on March 29, 1956, is a well-known provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The Firm operates through two divisions: Energy segment and Galvanizing segment. The Firm operates in Canada, China, Brazil, Poland and the Netherlands.
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