What is Noble Financial's Forecast for AZZ Q4 Earnings?

AZZ Inc. (NYSE:AZZ - Free Report) - Equities researchers at Noble Financial increased their Q4 2026 earnings estimates for shares of AZZ in a report issued on Monday, July 14th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings of $1.15 per share for the quarter, up from their previous forecast of $1.10. Noble Financial has a "Outperform" rating on the stock. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. Noble Financial also issued estimates for AZZ's FY2028 earnings at $6.73 EPS.

AZZ has been the topic of several other reports. Robert W. Baird upped their price target on shares of AZZ from $90.00 to $110.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Wall Street Zen upgraded shares of AZZ from a "hold" rating to a "buy" rating in a report on Saturday, July 12th. Evercore ISI upped their price target on shares of AZZ from $90.00 to $108.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Finally, Sidoti downgraded shares of AZZ from a "buy" rating to a "neutral" rating and set a $101.00 price target on the stock. in a report on Monday, June 9th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $108.00.

AZZ Price Performance

Shares of NYSE AZZ traded down $0.03 during mid-day trading on Wednesday, hitting $111.87. 323,589 shares of the company's stock traded hands, compared to its average volume of 221,659. The company's 50-day moving average is $94.93 and its two-hundred day moving average is $89.98. 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 company has a market capitalization of $3.36 billion, a P/E ratio of 12.96 and a beta of 1.24. AZZ has a 1 year low of $69.59 and a 1 year high of $113.58.

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

AZZ Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be paid a dividend of $0.20 per share. The ex-dividend date is Thursday, July 10th. This is an increase from AZZ's previous quarterly dividend of $0.17. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.72%. AZZ's dividend payout ratio (DPR) is currently 9.27%.

Insider Activity

In other news, CEO Thomas E. Ferguson sold 26,889 shares of the stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of $85.88, for a total transaction of $2,309,227.32. Following the transaction, the chief executive officer directly owned 211,458 shares in the company, valued at approximately $18,160,013.04. This trade represents a 11.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.77% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in shares of AZZ by 39.6% in the second quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company's stock worth $35,000 after acquiring an additional 106 shares during the period. Signaturefd LLC increased its stake in shares of AZZ by 110.0% in the first quarter. Signaturefd LLC now owns 399 shares of the industrial products company's stock worth $33,000 after acquiring an additional 209 shares during the period. US Bancorp DE increased its stake in shares of AZZ by 39.0% in 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 period. Farther Finance Advisors LLC increased its stake in shares of AZZ by 32.4% in 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 period. Finally, Quarry LP increased its stake in shares of AZZ by 2,150.0% in the fourth quarter. Quarry LP now owns 855 shares of the industrial products company's stock worth $70,000 after acquiring an additional 817 shares during the period. Hedge funds and other institutional investors own 90.93% of the company's stock.

About AZZ

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.