Noble Financial Comments on AZZ's Q1 Earnings (NYSE:AZZ)

Key Points

• Noble Financial cut its Q1 2027 EPS estimate for AZZ to $1.70 from $1.80 and maintains an Outperform rating on the stock.
• AZZ beat Q4 expectations with $1.34 EPS (vs. $1.19 est.) and $385.1M revenue (+9.4% y/y), and management reiterated FY2027 guidance of $6.50–$7.00 while citing strong data‑center and T&D demand amid some residential softness.
• The board authorized a $100 million share buyback (about 2.7% of shares) and declared a quarterly dividend of $0.20 per share, underscoring a focus on shareholder returns.

AZZ Inc. (NYSE:AZZ - Free Report) - Equities research analysts at Noble Financial dropped their Q1 2027 earnings per share (EPS) estimates for AZZ in a research note issued on Friday, April 24th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings of $1.70 per share for the quarter, down from their prior estimate of $1.80. Noble Financial currently has a "Outperform" rating on the stock. The consensus estimate for AZZ's current full-year earnings is $6.82 per share. Noble Financial also issued estimates for AZZ's Q2 2027 earnings at $1.78 EPS, Q3 2027 earnings at $1.77 EPS, Q4 2027 earnings at $1.50 EPS, FY2027 earnings at $6.75 EPS, FY2028 earnings at $7.21 EPS and FY2031 earnings at $8.20 EPS.

Other analysts have also recently issued research reports about the company. Wells Fargo & Company cut AZZ from an "overweight" rating to an "equal weight" rating and lifted their target price for the stock from $127.00 to $132.00 in a research report on Monday, March 2nd. B. Riley Financial lifted their target price on AZZ from $167.00 to $169.00 and gave the stock a "buy" rating in a research report on Friday. Evercore reiterated an "outperform" rating and set a $137.00 target price on shares of AZZ in a research report on Wednesday, March 4th. Weiss Ratings reiterated a "buy (b)" rating on shares of AZZ in a research report on Monday, December 29th. Finally, Robert W. Baird lifted their target price on AZZ from $125.00 to $155.00 and gave the stock a "neutral" rating in a research report on Friday. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, AZZ currently has a consensus rating of "Moderate Buy" and an average target price of $138.80.

AZZ Stock Down 0.0%

AZZ opened at $143.30 on Monday. The business's 50-day simple moving average is $130.67 and its 200-day simple moving average is $117.61. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 1.70. AZZ has a one year low of $83.25 and a one year high of $147.32. The stock has a market capitalization of $4.28 billion, a P/E ratio of 13.65 and a beta of 1.15.

AZZ (NYSE:AZZ - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The industrial products company reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.19 by $0.15. AZZ had a return on equity of 14.47% and a net margin of 19.23%.The business had revenue of $385.10 million for the quarter, compared to analysts' expectations of $382.24 million. During the same quarter in the previous year, the firm earned $0.98 earnings per share. The business's revenue was up 9.4% compared to the same quarter last year. AZZ has set its FY 2027 guidance at 6.500-7.000 EPS.

Hedge Funds Weigh In On AZZ

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Strs Ohio raised its holdings in AZZ by 19.0% during the first quarter. Strs Ohio now owns 9,400 shares of the industrial products company's stock worth $1,176,000 after purchasing an additional 1,500 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in AZZ by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,675 shares of the industrial products company's stock valued at $1,836,000 after purchasing an additional 408 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in AZZ by 11.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,480 shares of the industrial products company's stock valued at $561,000 after purchasing an additional 456 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in AZZ in the 1st quarter valued at approximately $1,652,000. Finally, Silver Oak Securities Incorporated boosted its holdings in AZZ by 11.0% in the 1st quarter. Silver Oak Securities Incorporated now owns 4,196 shares of the industrial products company's stock valued at $525,000 after purchasing an additional 416 shares in the last quarter. Hedge funds and other institutional investors own 90.93% of the company's stock.

Insider Transactions at AZZ

In related news, insider Tara D. Mackey sold 2,923 shares of the firm's stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total transaction of $397,528.00. Following the transaction, the insider owned 22,373 shares of the company's stock, valued at $3,042,728. This trade represents a 11.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Thomas E. Ferguson sold 25,000 shares of the firm's stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total value of $3,182,250.00. Following the transaction, the chief executive officer directly owned 158,182 shares in the company, valued at approximately $20,134,986.78. This represents a 13.65% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.77% of the company's stock.

AZZ announced that its Board of Directors has authorized a share buyback plan on Friday, January 30th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the industrial products company to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

AZZ Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, April 23rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, April 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. AZZ's dividend payout ratio (DPR) is currently 7.62%.

AZZ News Roundup

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ reported stronger-than-expected Q4 results and record full-year 2026 performance, with EPS of $1.34 beating estimates and revenue up year-over-year — a clear fundamental driver supporting the stock. AZZ Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management reiterated fiscal 2027 guidance for $1.725B–$1.775B in sales and $6.50–$7.00 adjusted EPS, citing continued strength from data center and T&D (transmission & distribution) demand — supporting medium‑term earnings visibility. AZZ Reiterates Fiscal 2027 Outlook
• Positive Sentiment: B. Riley raised its price target to $169 and upgraded AZZ to a "buy", signaling analyst confidence in continued upside (a sizable premium to the current price). B. Riley Raises AZZ Price Target
• Neutral Sentiment: Robert W. Baird also raised its target (to $155) but kept a "neutral" rating, reflecting a more cautious view on near-term upside despite better results. Baird Raises PT to $155
• Neutral Sentiment: Extensive coverage and call transcripts highlight strong data‑center and infrastructure tailwinds, but the commentary is mixed on how quickly that will offset seasonal and end‑market variability. Earnings Call Highlights
• Negative Sentiment: Some coverage flags residential softness as a near‑term headwind; investors may be concerned that cyclical end‑market weakness could temper growth even as other segments improve. Q1 Deep Dive: Data Center Demand vs Residential Softness

About AZZ

AZZ Inc, incorporated in 1956 and headquartered in Fort Worth, Texas, is a leading provider of galvanizing and metal finishing solutions alongside electrical equipment and services. The company supports a diverse range of industries—such as energy, infrastructure, heavy equipment and general industrial markets—by delivering corrosion protection and high-performance electrical solutions designed for demanding environments.

AZZ operates two primary business segments. The Global Coatings & Services segment offers hot-dip galvanizing, metal finishing, painting, powder coating and related value-added services to steel fabricators and original equipment manufacturers.

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