Robert W. Baird Raises AZZ (NYSE:AZZ) Price Target to $155.00

Key Points

• Robert W. Baird raised its price target to $155 (from $125) while keeping a "neutral" rating, implying roughly a 5.9% upside from current levels.
• AZZ beat Q4 estimates with $1.34 EPS (vs. $1.19 consensus), posted 9.4% YoY revenue growth, reported record FY2026 sales of $1.65B, and reiterated FY2027 guidance of $6.50–$7.00 adjusted EPS.
• The board approved a $100 million share buyback (about 2.7% of shares), although recent insider sales by the CEO and others may exert near‑term selling pressure.

AZZ (NYSE:AZZ - Get Free Report) had its price objective upped by investment analysts at Robert W. Baird from $125.00 to $155.00 in a report released on Friday,Benzinga reports. The firm currently has a "neutral" rating on the industrial products company's stock. Robert W. Baird's price objective points to a potential upside of 5.87% from the company's current price.

A number of other equities research analysts have also weighed in on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of AZZ in a report on Monday, December 29th. Wall Street Zen raised shares of AZZ from a "hold" rating to a "buy" rating in a report on Saturday, January 10th. Noble Financial reaffirmed an "outperform" rating on shares of AZZ in a report on Tuesday, February 17th. Wells Fargo & Company downgraded shares of AZZ from an "overweight" rating to an "equal weight" rating and lifted their price objective for the company from $127.00 to $132.00 in a research report on Monday, March 2nd. Finally, Evercore reiterated an "outperform" rating and issued a $137.00 price objective on shares of AZZ in a research report on Wednesday, March 4th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $133.00.

AZZ Trading Up 8.5%

NYSE:AZZ opened at $146.40 on Friday. The business's 50-day moving average is $130.61 and its two-hundred day moving average is $117.18. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 1.21. AZZ has a 12 month low of $81.24 and a 12 month high of $147.28. The firm has a market capitalization of $4.37 billion, a PE ratio of 13.94 and a beta of 1.15.

AZZ (NYSE:AZZ - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.19 by $0.15. AZZ had a return on equity of 14.63% and a net margin of 19.23%.The company had revenue of $385.10 million for the quarter, compared to analyst estimates of $382.24 million. During the same period last year, the company posted $0.98 earnings per share. The firm'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. Research analysts predict that AZZ will post 6.82 earnings per share for the current fiscal year.

AZZ announced that its Board of Directors has approved a stock buyback plan on Friday, January 30th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the industrial products company to reacquire up to 2.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its shares are undervalued.

Insider Activity at AZZ

In related news, insider Tara D. Mackey sold 2,923 shares of the company's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $136.00, for a total value of $397,528.00. Following the completion of the sale, the insider owned 22,373 shares in the company, valued at approximately $3,042,728. This represents a 11.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Thomas E. Ferguson sold 25,000 shares of the business's stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $127.29, for a total transaction of $3,182,250.00. Following the transaction, the chief executive officer directly owned 158,182 shares in the company, valued at $20,134,986.78. The trade was a 13.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.77% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AZZ. Royal Bank of Canada grew its position in AZZ by 8.8% during the first quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company's stock valued at $1,055,000 after purchasing an additional 1,024 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of AZZ by 26.2% in the first quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company's stock worth $519,000 after buying an additional 1,290 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of AZZ by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company's stock worth $1,462,000 after buying an additional 771 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of AZZ by 21.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company's stock worth $7,030,000 after buying an additional 14,965 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of AZZ by 185.9% in the first quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company's stock worth $4,274,000 after buying an additional 33,238 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Key AZZ News

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: Record FY2026 performance — AZZ reported record full‑year sales of $1.65B, higher profitability and strong adjusted net income growth, highlighting scaling benefits from its metal‑coatings business that support longer‑term margin expansion. AZZ Inc. Reports Fourth Quarter and Fiscal Year 2026 Full-Year Results
• Positive Sentiment: Q4 beat — AZZ posted quarterly EPS of $1.34, topping consensus and showing year‑over‑year margin improvement, which supports current valuation multiples tied to improving profitability. AZZ (AZZ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: End‑market tailwinds — Management and analysts point to strong data‑center and T&D infrastructure demand offsetting residential softness, giving revenue visibility in higher‑margin metal‑coatings and services. AZZ Q1 deep dive
• Neutral Sentiment: FY2027 guidance reiterated — AZZ reiterated FY2027 guidance for $1.725B–$1.775B sales and $6.50–$7.00 adjusted EPS, which aligns with management’s demand thesis but sits around (and slightly below) some consensus revenue expectations — stabilizing but not broadly accelerating sentiment. AZZ reiterates fiscal 2027 outlook
• Neutral Sentiment: Earnings call color — Transcripts emphasize capacity scaling in metal coatings, margin improvement initiatives and segment dynamics; useful for modeling but no major surprises that change the guidance picture. AZZ (AZZ) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Mixed quarter cash/net income items — some reports note Q4 net income and GAAP metrics were affected by one‑time items and cash & cash equivalents declined year‑over‑year, introducing short‑term volatility risk. AZZ Inc. Releases Q4 2026 Earnings
• Negative Sentiment: Insider and institutional moves — recent insider sales and notable portfolio reductions by some large institutional holders could apply downward pressure or increased selling interest near current levels. AZZ Inc. Releases Q4 2026 Earnings (Insider/Institutional)

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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