AZZ Inc. (NYSE:AZZ) Receives $155.25 Consensus PT from Brokerages

Shares of AZZ Inc. (NYSE:AZZ) have received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $155.25.

A number of research analysts have commented on the stock. Robert W. Baird increased their price objective on shares of AZZ from $125.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Wall Street Zen downgraded shares of AZZ from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Wells Fargo & Company upped their target price on shares of AZZ from $138.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. B. Riley Financial increased their price target on shares of AZZ from $169.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Weiss Ratings downgraded AZZ from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, July 9th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Lido Advisors LLC increased its holdings in shares of AZZ by 3.0% in the 4th quarter. Lido Advisors LLC now owns 2,633 shares of the industrial products company’s stock valued at $286,000 after acquiring an additional 77 shares during the last quarter. Contravisory Investment Management Inc. raised its position in shares of AZZ by 3.7% during the 2nd quarter. Contravisory Investment Management Inc. now owns 2,723 shares of the industrial products company’s stock valued at $422,000 after acquiring an additional 97 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in AZZ by 1.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,882 shares of the industrial products company’s stock worth $738,000 after purchasing an additional 100 shares during the last quarter. LPL Financial LLC lifted its stake in AZZ by 1.0% during the fourth quarter. LPL Financial LLC now owns 10,593 shares of the industrial products company’s stock worth $1,135,000 after purchasing an additional 101 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in AZZ by 92.5% in the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 124 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

AZZ Stock Performance

Shares of AZZ opened at $144.96 on Wednesday. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 22.10 and a beta of 1.11. The company has a quick ratio of 1.39, a current ratio of 1.92 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $147.30 and its two-hundred day moving average is $137.46. AZZ has a 52-week low of $92.98 and a 52-week high of $162.20.

AZZ (NYSE:AZZ) last released its quarterly earnings results on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.05. The business had revenue of $448.53 million during the quarter, compared to the consensus estimate of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.78 earnings per share. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. Analysts forecast that AZZ will post 6.94 EPS for the current fiscal year.

AZZ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.24 per share. The ex-dividend date was Thursday, July 9th. This is an increase from AZZ’s previous quarterly dividend of $0.20. This represents a $0.96 annualized dividend and a yield of 0.7%. AZZ’s payout ratio is currently 14.63%.

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.