Roth Capital Comments on AZZ's FY2026 Earnings (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ - Free Report) - Equities researchers at Roth Capital boosted their FY2026 earnings per share estimates for AZZ in a research report issued to clients and investors on Friday, July 11th. Roth Capital analyst G. Sweeney now forecasts that the industrial products company will earn $6.03 per share for the year, up from their prior estimate of $5.79. The consensus estimate for AZZ's current full-year earnings is $5.13 per share. Roth Capital also issued estimates for AZZ's Q4 2026 earnings at $1.15 EPS and FY2027 earnings at $6.31 EPS.

AZZ (NYSE:AZZ - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $421,962 billion during the quarter, compared to analyst estimates of $435.91 million. AZZ had a return on equity of 15.54% and a net margin of 16.40%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.46 EPS.

Other research analysts also recently issued reports about the company. Sidoti downgraded AZZ from a "buy" rating to a "neutral" rating and set a $101.00 price objective on the stock. in a report on Monday, June 9th. Evercore ISI raised their price objective on AZZ from $90.00 to $108.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. Robert W. Baird raised their price objective on AZZ from $90.00 to $110.00 and gave the stock a "neutral" rating in a research report on Friday. Noble Financial reaffirmed an "outperform" rating on shares of AZZ in a research report on Monday. Finally, Wall Street Zen raised 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 assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $108.00.

AZZ Trading Up 0.7%

Shares of AZZ stock traded up $0.74 on Monday, reaching $106.78. 502,953 shares of the company's stock were exchanged, compared to its average volume of 255,319. AZZ has a 52 week low of $69.59 and a 52 week high of $113.58. The company has a current ratio of 1.51, a quick ratio of 1.10 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $3.20 billion, a PE ratio of 12.37 and a beta of 1.24. The company's fifty day simple moving average is $93.00 and its 200 day simple moving average is $89.13.

AZZ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, July 10th. This is a boost from AZZ's previous quarterly dividend of $0.17. AZZ's payout ratio is 9.27%.

Insider Buying and Selling at AZZ

In related news, CEO Thomas E. Ferguson sold 26,889 shares of AZZ stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $85.88, for a total value of $2,309,227.32. Following the completion of the transaction, the chief executive officer owned 211,458 shares in the company, valued at $18,160,013.04. The trade was a 11.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.77% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AZZ

Several institutional investors and hedge funds have recently modified their holdings of AZZ. US Bancorp DE increased its stake in shares of AZZ by 39.0% in the 4th quarter. US Bancorp DE now owns 463 shares of the industrial products company's stock valued at $38,000 after purchasing an additional 130 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in AZZ during the 4th quarter worth approximately $5,052,000. Amundi increased its stake in AZZ by 184.2% during the 4th quarter. Amundi now owns 14,920 shares of the industrial products company's stock worth $1,240,000 after buying an additional 9,671 shares in the last quarter. HighTower Advisors LLC increased its stake in AZZ by 0.6% during the 4th quarter. HighTower Advisors LLC now owns 77,671 shares of the industrial products company's stock worth $6,363,000 after buying an additional 450 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in AZZ by 32.4% during the 4th quarter. Farther Finance Advisors LLC now owns 515 shares of the industrial products company's stock worth $42,000 after buying an additional 126 shares in the last quarter. 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.