Roth Capital Issues Optimistic Estimate for AZZ Earnings

AZZ Inc. (NYSE:AZZ) – Analysts at Roth Capital increased their Q3 2026 earnings per share (EPS) estimates for shares of AZZ in a research note issued to investors on Friday, October 10th. Roth Capital analyst G. Sweeney now expects that the industrial products company will earn $1.57 per share for the quarter, up from their previous forecast 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) last posted its quarterly earnings results on Tuesday, May 9th. The industrial products company reported $0.56 earnings per share for the quarter. AZZ had a return on equity of 15.01% and a net margin of 19.69%.The business had revenue of $129.87 million during the quarter.

Other analysts have also recently issued reports about the company. Zacks Research cut AZZ from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Evercore ISI upped their price objective on AZZ from $90.00 to $108.00 and gave the stock an “outperform” rating in a report on Wednesday, July 9th. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of AZZ in a report on Wednesday, October 8th. B. Riley upped their price objective on AZZ from $131.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Finally, Wells Fargo & Company decreased their price target on AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $115.43.

AZZ Stock Down 0.6%

Shares of AZZ opened at $100.49 on Monday. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 9.66 and a beta of 1.30. AZZ has a 1 year low of $70.90 and a 1 year high of $119.95. The business’s 50 day simple moving average is $111.78 and its 200-day simple moving average is $99.53. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.73 and a quick ratio of 1.25.

Hedge Funds Weigh In On AZZ

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Capital Management LLC bought a new stake in AZZ during the second quarter valued at about $16,818,000. Allspring Global Investments Holdings LLC bought a new stake in AZZ during the second quarter valued at about $11,701,000. Westwood Holdings Group Inc. boosted its position in AZZ by 19.4% during the first quarter. Westwood Holdings Group Inc. now owns 650,072 shares of the industrial products company’s stock valued at $54,353,000 after purchasing an additional 105,723 shares in the last quarter. Nuveen LLC bought a new stake in AZZ during the first quarter valued at about $8,772,000. Finally, Speece Thorson Capital Group Inc. bought a new stake in AZZ during the second quarter valued at about $7,909,000. Institutional investors own 90.93% of the company’s stock.

Insiders Place Their Bets

In other AZZ news, COO Bryan Lee Stovall sold 5,000 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $111.60, for a total value of $558,000.00. Following the sale, the chief operating officer owned 22,709 shares in the company, valued at $2,534,324.40. This trade represents a 18.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Thomas E. Ferguson sold 26,516 shares of the stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $110.85, for a total value of $2,939,298.60. Following the completion of the sale, the chief executive officer owned 183,182 shares in the company, valued at approximately $20,305,724.70. The trade was a 12.64% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,837 shares of company stock worth $4,655,418 over the last quarter. Company insiders own 1.77% of the company’s stock.

AZZ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Thursday, October 16th will be paid a $0.20 dividend. The ex-dividend date is Thursday, October 16th. This represents a $0.80 dividend on an annualized basis and a yield of 0.8%. AZZ’s dividend payout ratio (DPR) is presently 7.69%.

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.