Roth Capital Issues Positive Outlook for AZZ Earnings

Key Points

• Roth Capital has raised its earnings per share (EPS) estimate for AZZ in Q3 2026 to $1.57, up from a previous estimate of $1.54.
• AZZ declared a quarterly dividend of $0.20, scheduled to be paid on November 6th, reflecting an annualized yield of 0.8%.
• Shares of AZZ have received mixed ratings from analysts, with recent price targets ranging from $108 to $140.

AZZ Inc. (NYSE:AZZ - Free Report) - Analysts at Roth Capital increased their Q3 2026 earnings per share (EPS) estimates for AZZ in a research note issued on Friday, October 10th. Roth Capital analyst G. Sweeney now forecasts that the industrial products company will earn $1.57 per share for the quarter, up from their prior estimate of $1.54. 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 $1.26 EPS and FY2026 earnings at $6.19 EPS.

AZZ (NYSE:AZZ - Get Free Report) last issued its quarterly earnings results on Tuesday, May 9th. The industrial products company reported $0.56 earnings per share (EPS) for the quarter. The business had revenue of $129.87 million for the quarter. AZZ had a return on equity of 15.01% and a net margin of 19.69%.

AZZ has been the topic of a number of other reports. B. Riley boosted their price objective on shares of AZZ from $131.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. Wall Street Zen lowered shares of AZZ from a "buy" rating to a "hold" rating in a report on Saturday, September 13th. Wells Fargo & Company dropped their price objective on shares of AZZ from $128.00 to $121.00 and set an "overweight" rating on the stock in a report on Friday. Robert W. Baird boosted their price objective on shares of AZZ from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Friday, August 15th. Finally, Evercore ISI boosted their price objective on shares of AZZ from $90.00 to $108.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $115.43.

AZZ Price Performance

Shares of AZZ opened at $98.58 on Monday. The firm has a market capitalization of $2.96 billion, a PE ratio of 9.48 and a beta of 1.30. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 1.25. AZZ has a 1-year low of $70.90 and a 1-year high of $119.95. The company's fifty day moving average price is $112.06 and its 200-day moving average price is $99.41.

AZZ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Thursday, October 16th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, October 16th. AZZ's dividend payout ratio is presently 7.69%.

Insider Buying and Selling at AZZ

In other AZZ news, COO Bryan Lee Stovall sold 5,000 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $111.60, for a total value of $558,000.00. Following the sale, the chief operating officer directly owned 22,709 shares of the company's stock, valued at approximately $2,534,324.40. This represents a 18.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kurt L. Russell sold 10,321 shares of the company's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $112.21, for a total transaction of $1,158,119.41. Following the completion of the transaction, the insider owned 16,804 shares of the company's stock, valued at approximately $1,885,576.84. This trade represents a 38.05% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 46,837 shares of company stock valued at $5,195,318. 1.77% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Huntington National Bank raised its position in shares of AZZ by 206.7% in the second quarter. Huntington National Bank now owns 273 shares of the industrial products company's stock worth $26,000 after acquiring an additional 184 shares during the period. Osterweis Capital Management Inc. acquired a new position in shares of AZZ in the second quarter worth about $30,000. Signaturefd LLC raised its position 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. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of AZZ in the second quarter worth about $34,000. Finally, GAMMA Investing LLC raised its position 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. Institutional investors and hedge funds own 90.93% of the company's stock.

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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