B. Riley Has Positive Forecast for AZZ FY2026 Earnings

AZZ Inc. (NYSE:AZZ - Free Report) - Research analysts at B. Riley increased their FY2026 earnings per share (EPS) estimates for shares of AZZ in a research report issued to clients and investors on Friday, July 11th. B. Riley analyst N. Giles now forecasts that the industrial products company will post earnings of $6.17 per share for the year, up from their prior estimate of $6.03. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. B. Riley also issued estimates for AZZ's Q4 2026 earnings at $1.31 EPS, Q1 2027 earnings at $1.86 EPS, Q2 2027 earnings at $1.80 EPS, Q3 2027 earnings at $1.83 EPS, Q4 2027 earnings at $1.54 EPS and FY2027 earnings at $7.04 EPS.

AZZ (NYSE:AZZ - Get Free Report) last issued its quarterly earnings data on Wednesday, July 9th. The industrial products company reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.19. AZZ had a return on equity of 15.54% and a net margin of 16.40%. The firm had revenue of $421,962 billion for the quarter, compared to analyst estimates of $435.91 million. During the same period in the prior year, the firm posted $1.46 EPS. The company's revenue for the quarter was up 2.1% on a year-over-year basis.

A number of other research analysts have also commented on AZZ. Evercore ISI upped their price objective on AZZ from $90.00 to $108.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Robert W. Baird upped their target price on AZZ from $90.00 to $110.00 and gave the company a "neutral" rating in a research report on Friday. Sidoti downgraded AZZ from a "buy" rating to a "neutral" rating and set a $101.00 target price for the company. in a research report on Monday, June 9th. Finally, Wall Street Zen upgraded AZZ from a "hold" rating to a "buy" rating in a research report on Saturday. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, AZZ presently has a consensus rating of "Moderate Buy" and an average price target of $108.00.

AZZ Stock Performance

Shares of NYSE AZZ opened at $105.95 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.51 and a quick ratio of 1.10. The stock's fifty day moving average price is $93.00 and its two-hundred day moving average price is $89.13. AZZ has a one year low of $69.59 and a one year high of $113.58. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 12.28 and a beta of 1.24.

Institutional Trading of AZZ

Institutional investors and hedge funds have recently modified their holdings of the business. Hsbc Holdings PLC boosted its stake in shares of AZZ by 2.8% during the first quarter. Hsbc Holdings PLC now owns 4,220 shares of the industrial products company's stock valued at $353,000 after purchasing an additional 113 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of AZZ by 32.4% during the fourth quarter. Farther Finance Advisors LLC now owns 515 shares of the industrial products company's stock worth $42,000 after acquiring an additional 126 shares during the last quarter. US Bancorp DE raised its position in shares of AZZ by 39.0% during the fourth quarter. US Bancorp DE now owns 463 shares of the industrial products company's stock worth $38,000 after acquiring an additional 130 shares during the last quarter. Cerity Partners LLC raised its position in shares of AZZ by 4.2% during the first quarter. Cerity Partners LLC now owns 3,606 shares of the industrial products company's stock worth $302,000 after acquiring an additional 146 shares during the last quarter. Finally, Oliver Luxxe Assets LLC raised its position in shares of AZZ by 1.0% during the first quarter. Oliver Luxxe Assets LLC now owns 17,528 shares of the industrial products company's stock worth $1,466,000 after acquiring an additional 176 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Insider Buying and Selling at AZZ

In related news, CEO Thomas E. Ferguson sold 18,851 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $89.91, for a total transaction of $1,694,893.41. Following the completion of the sale, the chief executive officer directly owned 192,607 shares in the company, valued at $17,317,295.37. This represents a 8.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.77% of the stock is currently owned by corporate insiders.

AZZ Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 10th will be given a dividend of $0.20 per share. This is an increase from AZZ's previous quarterly dividend of $0.17. This represents a $0.80 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, July 10th. AZZ's dividend payout ratio is currently 9.27%.

AZZ Company Profile

AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.

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