B. Riley Weighs in on AZZ Inc.’s FY2026 Earnings (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ) – Equities research analysts at B. Riley raised their FY2026 earnings estimates for shares of AZZ in a report issued on Friday, October 11th. B. Riley analyst L. Pipes now expects that the industrial products company will post earnings per share of $5.93 for the year, up from their prior estimate of $5.59. B. Riley currently has a “Buy” rating and a $99.00 target price on the stock. The consensus estimate for AZZ’s current full-year earnings is $4.95 per share.

AZZ (NYSE:AZZ) last announced its earnings results on Wednesday, October 9th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. The business had revenue of $409.01 million during the quarter, compared to analysts’ expectations of $409.50 million. AZZ had a net margin of 7.63% and a return on equity of 18.19%. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $1.27 EPS.

Several other research analysts have also weighed in on AZZ. Robert W. Baird assumed coverage on shares of AZZ in a research note on Tuesday, July 23rd. They set a “neutral” rating and a $90.00 price objective on the stock. Wolfe Research assumed coverage on shares of AZZ in a research note on Wednesday, July 31st. They issued a “peer perform” rating on the stock. Finally, Baird R W raised shares of AZZ to a “hold” rating in a research note on Tuesday, July 23rd. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $95.80.

AZZ Trading Up 4.2 %

AZZ opened at $81.13 on Monday. The company has a current ratio of 1.89, a quick ratio of 1.28 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $2.42 billion, a PE ratio of 75.82, a PEG ratio of 1.18 and a beta of 1.23. AZZ has a 1-year low of $44.83 and a 1-year high of $88.67. The firm has a 50-day moving average price of $79.04 and a two-hundred day moving average price of $78.81.

Hedge Funds Weigh In On AZZ

Several large investors have recently bought and sold shares of AZZ. Financial Synergies Wealth Advisors Inc. purchased a new stake in AZZ in the 1st quarter worth about $32,000. Hennion & Walsh Asset Management Inc. purchased a new stake in AZZ in the 1st quarter worth about $215,000. Claro Advisors LLC purchased a new stake in AZZ in the 1st quarter worth about $237,000. BNP Paribas Financial Markets increased its holdings in AZZ by 176.7% in the 1st quarter. BNP Paribas Financial Markets now owns 19,731 shares of the industrial products company’s stock worth $1,525,000 after acquiring an additional 12,599 shares during the last quarter. Finally, Pullen Investment Management LLC purchased a new stake in AZZ in the 1st quarter worth about $851,000. 90.93% of the stock is currently owned by institutional investors.

Insider Transactions at AZZ

In other news, COO Bryan Lee Stovall sold 14,545 shares of the firm’s stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $84.79, for a total transaction of $1,233,270.55. Following the completion of the sale, the chief operating officer now owns 20,000 shares of the company’s stock, valued at $1,695,800. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.10% of the company’s stock.

AZZ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, October 18th. AZZ’s dividend payout ratio (DPR) is 63.55%.

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.