AZZ (NYSE:AZZ) Issues FY 2026 Earnings Guidance

AZZ (NYSE:AZZ) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 5.750-6.250 for the period, compared to the consensus EPS estimate of 6.013. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AZZ. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a report on Saturday, July 12th. Robert W. Baird increased their price target on AZZ from $110.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, August 15th. Zacks Research downgraded AZZ from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Noble Financial reiterated an “outperform” rating on shares of AZZ in a report on Monday, July 14th. Finally, Sidoti downgraded AZZ from a “buy” rating to a “neutral” rating and set a $101.00 price target for the company. in a report on Monday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.29.

AZZ Stock Up 0.5%

Shares of AZZ stock opened at $116.21 on Thursday. The business has a 50-day moving average of $106.20 and a 200-day moving average of $94.80. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.51 and a quick ratio of 1.10. The company has a market capitalization of $3.49 billion, a PE ratio of 13.47 and a beta of 1.30. AZZ has a 1-year low of $70.90 and a 1-year high of $117.35.

AZZ (NYSE:AZZ) last announced its earnings results on Wednesday, July 9th. The industrial products company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.19. The company had revenue of $421,962 billion during the quarter, compared to the consensus estimate of $435.91 million. AZZ had a return on equity of 15.54% and a net margin of 16.40%.The company’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm earned $1.46 earnings per share. AZZ has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, equities analysts forecast that AZZ will post 5.13 EPS for the current fiscal year.

AZZ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, July 10th. This is a positive change from AZZ’s previous quarterly dividend of $0.17. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. AZZ’s dividend payout ratio is 9.27%.

Insider Transactions at AZZ

In other news, CEO Thomas E. Ferguson sold 26,516 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $110.85, for a total transaction of $2,939,298.60. Following the transaction, the chief executive officer owned 183,182 shares of the company’s stock, valued at approximately $20,305,724.70. This trade represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kurt L. Russell sold 10,321 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $112.21, for a total transaction of $1,158,119.41. Following the completion of the transaction, the insider directly owned 16,804 shares in the company, valued at $1,885,576.84. This represents a 38.05% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,837 shares of company stock valued at $5,195,318. Insiders own 1.77% of the company’s stock.

Hedge Funds Weigh In On AZZ

A number of hedge funds and other institutional investors have recently bought and sold shares of AZZ. Jane Street Group LLC boosted its stake in AZZ by 185.9% in the first quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company’s stock valued at $4,274,000 after acquiring an additional 33,238 shares during the period. Squarepoint Ops LLC acquired a new position in AZZ in the second quarter valued at approximately $2,950,000. Raymond James Financial Inc. boosted its stake in AZZ by 60.1% in the second quarter. Raymond James Financial Inc. now owns 58,388 shares of the industrial products company’s stock valued at $5,516,000 after acquiring an additional 21,911 shares during the period. First Trust Advisors LP boosted its stake in AZZ by 47.6% in the second quarter. First Trust Advisors LP now owns 51,085 shares of the industrial products company’s stock valued at $4,827,000 after acquiring an additional 16,478 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in AZZ by 21.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company’s stock valued at $7,030,000 after acquiring an additional 14,965 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

AZZ Company Profile

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.