Moran Wealth Management 13F: Adds $2.8M to AZZ Stake

Moran Wealth Management grew its stake in AZZ Inc. (NYSE: AZZ) by 176.0% during the quarter, purchasing an additional 21,012 shares. According to a Form 13F filing with the SEC on October 22, 2026, the firm held a total of 32,948 shares valued at about $4.43 million at the end of the period. AZZ closed at $133.39 on the filing date.

AZZ AZZ Inc.

$133.39 ▲ +22.35% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Moran Wealth Management's AZZ Inc. Position

The firm lifted its investment in the specialty metal coatings provider significantly during the quarter. Before the adjustment, Moran Wealth Management owned 11,936 shares. The addition of 21,012 shares brought its total holdings to 32,948 shares, reflecting a 176.0% increase.

Other Institutional Activity in AZZ Inc.

Other large funds adjusted their positions in the company around the same time. Gabelli Funds reduced its holdings by 37,608 shares to finish with 167,238 shares worth about $26.46 million in a report filed on May 14, 2026. Capital International Investors lowered its stake by 64,072 shares, or 4.4%, ending with 1,375,758 shares valued at $183.51 million on June 30, 2026.

AZZ Inc. Stock Down 3.8%

AZZ shares recently traded around $133.38 as of October 23, 2026, putting the stock near its 50-day moving average of $137.89 and its 200-day moving average of $137.71. The stock has traded between a 52-week low of $94.61 and a 52-week high of $162.20.

Recent Earnings

The company reported trailing twelve month revenue of $1.75 billion and earnings of $5.55 per share. AZZ has a net profit margin of 9.6% and a return on equity of 12.3%. The next quarterly earnings report is scheduled for January 6, 2027.

Dividend

AZZ pays an annual dividend of $0.96 per share, which translates to a dividend yield of 0.72% based on recent share prices. The company's dividend payout ratio sits at 15.1%, meaning it uses a modest portion of its earnings to fund shareholder payouts.

Insider Buying and Selling at AZZ Inc.

Company insiders executed several transactions earlier in the year. Chief Executive Officer Thomas E. Ferguson sold 25,000 shares on February 3, 2026, at an average price of $127.29 for a total value of $3.18 million. Officer Tara D. Mackey sold 2923 shares on February 11, 2026, at $136.00 per share. Later in the year, officer Jeffrey Vellines sold 4,220 shares on August 11, 2026, at $153.55, and officer Bryan Lee Stovall sold 2,677 shares on August 14, 2026, at $150.07.

Analysts Set New Price Targets

Analyst firms updated their views on the stock through October 2026. On October 14, 2026, Barclays initiated coverage with an Equal-Weight rating and a $140.00 price target, then raised its target to $145.00 on October 15, 2026. Wells Fargo maintained an Equal-Weight rating with a $145.00 target on October 15, 2026. B. Riley Securities maintained a Buy rating and raised its target from $170.00 to $174.00 on October 15, 2026. Baird maintained a Neutral rating while adjusting its target from $155.00 to $150.00 on October 15, 2026. Overall, the stock carries a consensus buy rating and a mean price target of $162.30 across 10 analyst opinions.

About AZZ Inc.

Headquartered in Fort Worth, Texas, AZZ Inc. provides metal coating and corrosion protection services to industrial customers across North America. The business operates through metal coatings and precoat metals divisions, offering hot-dip galvanizing, spin galvanizing, and powder coating solutions for steel fabrication.

Bottom Line

Moran Wealth Management's larger stake highlights institutional positioning in AZZ ahead of its next earnings report in January 2027. Investors will be watching to see if earnings growth and margin performance continue to support the company's valuation.