Alpha Windward closed out its position in shares of AZZ Inc (NYSE:AZZ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor previously had a 8,520 share position in the company, valued at approximately $406,233. Alpha Windward was fully divested from the company by the time it had filed its most recent disclosure.

Separately, Capstone Asset Management Company boosted its stake in AZZ by 8.1% in the fourth quarter. Capstone Asset Management Company now owns 9,916 shares of the company’s stock worth $551,000 after buying an additional 740 shares during the period.

AZZ Inc (NYSE:AZZ) traded up 1.57% during midday trading on Tuesday, reaching $48.43. The company had a trading volume of 29,369 shares. The stock’s 50 day moving average is $53.29 and its 200 day moving average is $53.29. The firm has a market capitalization of $1.25 billion and a price-to-earnings ratio of 16.31. AZZ Inc has a 12-month low of $41.52 and a 12-month high of $60.36.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Friday, January 8th. The company reported $0.91 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.91. The firm earned $242.40 million during the quarter. During the same period in the previous year, the business earned $0.75 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities research analysts expect that AZZ Inc will post $3.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 19th. Shareholders of record on Friday, February 5th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, February 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%.

A number of research firms recently weighed in on AZZ. Zacks Investment Research cut AZZ from a “hold” rating to a “sell” rating in a research note on Monday, January 18th. BB&T Corp. cut AZZ from a “buy” rating to a “hold” rating in a research note on Monday, January 11th. Finally, Sidoti cut AZZ from a “buy” rating to a “neutral” rating and set a $59.00 price target on the stock. in a research note on Monday, October 12th.

In other AZZ news, SVP Timothy E. Pendley sold 5,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $57.23, for a total value of $314,765.00. Following the completion of the sale, the senior vice president now owns 24,683 shares of the company’s stock, valued at $1,412,608.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

AZZ Inc., formerly AZZ incorporated, 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 operates in two business segments: the Energy segment and the Galvanizing Services segment. The Company’s Energy segment provides products and services designed to support industrial, nuclear and electrical applications. Its product offerings include custom switchgear, electrical enclosures, medium and high voltage bus ducts, explosion proof and hazardous duty lighting, nuclear safety-related equipment and tubular products. The Company’s Galvanizing Services segment provides hot dip galvanizing to the steel fabrication industry through facilities located throughout the United States and Canada. The Company operates in the United States, Canada, China, Brazil, Poland and the Netherlands.

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