Brokerages Set AZZ Inc. (NYSE:AZZ) PT at $117.17

Shares of AZZ Inc. (NYSE:AZZGet Free Report) have earned an average recommendation of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $117.1667.

Several research analysts have recently issued reports on AZZ shares. Wells Fargo & Company decreased their price objective on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating for the company in a report on Friday, October 10th. B. Riley increased their price target on AZZ from $131.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a research report on Saturday. Robert W. Baird set a $125.00 price objective on AZZ in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th.

View Our Latest Research Report on AZZ

More AZZ News

Here are the key news stories impacting AZZ this week:

AZZ Trading Down 0.8%

Shares of AZZ stock opened at $121.26 on Friday. AZZ has a 1 year low of $70.90 and a 1 year high of $122.95. The firm has a market capitalization of $3.62 billion, a PE ratio of 11.40 and a beta of 1.13. The stock has a fifty day moving average of $106.40 and a two-hundred day moving average of $107.49. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66.

AZZ (NYSE:AZZGet Free Report) last issued its quarterly earnings data on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $425.75 million for the quarter, compared to analysts’ expectations of $412.97 million. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.39 earnings per share. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, research analysts expect that AZZ will post 5.13 EPS for the current year.

AZZ Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 5th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, February 5th. AZZ’s dividend payout ratio (DPR) is presently 7.52%.

Insider Transactions at AZZ

In other news, insider Tara D. Mackey sold 1,568 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $119.43, for a total transaction of $187,266.24. Following the completion of the sale, the insider owned 28,086 shares in the company, valued at approximately $3,354,310.98. This represents a 5.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.77% of the company’s stock.

Hedge Funds Weigh In On AZZ

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Huntington National Bank boosted its position in AZZ by 206.7% during the second quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 184 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in shares of AZZ during the 2nd quarter valued at about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of AZZ during the 2nd quarter valued at about $34,000. GAMMA Investing LLC grew its stake in shares of AZZ by 39.6% in the 2nd quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock valued at $35,000 after buying an additional 106 shares in the last quarter. Finally, Assetmark Inc. acquired a new position in AZZ in the third quarter worth approximately $46,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

AZZ Company Profile

(Get Free Report)

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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Analyst Recommendations for AZZ (NYSE:AZZ)

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