AZZ Inc. (NYSE:AZZ) Given Average Recommendation of “Moderate Buy” by Analysts

AZZ Inc. (NYSE:AZZ) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $152.00.

Several research analysts have issued reports on AZZ shares. Noble Financial reissued an “outperform” rating on shares of AZZ in a research report on Tuesday, February 17th. B. Riley Financial raised their target price on AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company cut AZZ from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $127.00 to $132.00 in a research report on Monday, March 2nd. Evercore reissued an “outperform” rating and issued a $152.00 target price on shares of AZZ in a research report on Monday, April 27th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of AZZ in a research report on Wednesday, May 20th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AZZ. SEB Asset Management AB purchased a new position in shares of AZZ during the 1st quarter valued at about $45,297,000. Copeland Capital Management LLC lifted its position in shares of AZZ by 222.5% during the 4th quarter. Copeland Capital Management LLC now owns 466,140 shares of the industrial products company’s stock valued at $49,961,000 after buying an additional 321,611 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of AZZ by 861.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 315,485 shares of the industrial products company’s stock valued at $33,814,000 after buying an additional 282,676 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of AZZ by 93.2% during the 4th quarter. Wellington Management Group LLP now owns 549,291 shares of the industrial products company’s stock valued at $58,873,000 after buying an additional 264,956 shares in the last quarter. Finally, SG Capital Management LLC lifted its position in shares of AZZ by 111.3% during the 3rd quarter. SG Capital Management LLC now owns 376,040 shares of the industrial products company’s stock valued at $41,037,000 after buying an additional 198,036 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

AZZ Price Performance

NYSE AZZ opened at $137.86 on Tuesday. The stock has a 50-day moving average of $137.60 and a 200 day moving average of $126.00. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 13.13 and a beta of 1.13. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 1.70. AZZ has a one year low of $86.67 and a one year high of $151.67.

AZZ (NYSE:AZZ) last released its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.15. The firm had revenue of $385.10 million for the quarter, compared to analysts’ expectations of $382.24 million. AZZ had a return on equity of 14.47% and a net margin of 19.23%.The company’s revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 EPS. AZZ has set its FY 2027 guidance at 6.500-7.000 EPS. On average, sell-side analysts forecast that AZZ will post 6.78 EPS for the current year.

AZZ Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 23rd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, April 23rd. AZZ’s dividend payout ratio (DPR) is presently 7.62%.

AZZ Company Profile

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.