AZZ (NYSE:AZZ) Price Target Raised to $140.00

AZZ (NYSE:AZZ) had its price target raised by B. Riley from $131.00 to $140.00 in a research report report published on Wednesday morning, MarketBeat Ratings reports. B. Riley currently has a buy rating on the industrial products company’s stock. B. Riley also issued estimates for AZZ’s Q2 2026 earnings at $1.52 EPS, Q3 2026 earnings at $1.60 EPS, Q4 2026 earnings at $1.33 EPS, FY2026 earnings at $6.23 EPS, Q1 2027 earnings at $1.90 EPS, Q2 2027 earnings at $1.89 EPS, Q3 2027 earnings at $1.94 EPS, Q4 2027 earnings at $1.62 EPS and FY2027 earnings at $7.36 EPS.

AZZ has been the topic of a number of other research reports. Noble Financial reissued an “outperform” rating on shares of AZZ in a research report on Monday, July 14th. Wall Street Zen downgraded shares of AZZ from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Wells Fargo & Company raised AZZ to a “strong-buy” rating in a report on Thursday, August 14th. Sidoti cut AZZ from a “buy” rating to a “neutral” rating and set a $101.00 target price for the company. in a research note on Monday, June 9th. Finally, Evercore ISI upped their price target on AZZ from $90.00 to $108.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 9th. Two research 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. Based on data from MarketBeat, AZZ has a consensus rating of “Moderate Buy” and an average target price of $116.43.

AZZ Stock Performance

AZZ stock opened at $113.99 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.10 and a current ratio of 1.51. The stock has a market cap of $3.42 billion, a P/E ratio of 13.21 and a beta of 1.30. The firm has a 50 day simple moving average of $112.57 and a 200 day simple moving average of $97.00. AZZ has a 52 week low of $70.90 and a 52 week high of $119.95.

AZZ (NYSE:AZZ) last posted its earnings results on Wednesday, July 9th. The industrial products company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.19. The firm had revenue of $421.96 million during the quarter, compared to analysts’ expectations of $435.91 million. AZZ had a net margin of 16.40% and a return on equity of 15.54%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.46 earnings per share. AZZ has set its FY 2026 guidance at 5.750-6.250 EPS. Research analysts anticipate that AZZ will post 5.13 earnings per share for the current fiscal year.

AZZ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 10th were paid a $0.20 dividend. This is an increase from AZZ’s previous quarterly dividend of $0.17. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, July 10th. AZZ’s payout ratio is presently 9.27%.

Insiders Place Their Bets

In other news, COO Bryan Lee Stovall sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $111.60, for a total transaction of $558,000.00. Following the completion of the sale, the chief operating officer owned 22,709 shares in the company, valued at $2,534,324.40. The trade was a 18.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Thomas E. Ferguson sold 26,516 shares of the business’s stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $110.85, for a total value of $2,939,298.60. Following the sale, the chief executive officer owned 183,182 shares of the company’s stock, valued at approximately $20,305,724.70. This represents a 12.64% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 46,837 shares of company stock worth $5,195,318. 1.77% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AZZ

Several institutional investors have recently bought and sold shares of AZZ. GAMMA Investing LLC boosted its position in AZZ by 39.6% in the second quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 106 shares during the last quarter. Hsbc Holdings PLC boosted its position in AZZ by 2.8% in the first quarter. Hsbc Holdings PLC now owns 4,220 shares of the industrial products company’s stock worth $353,000 after purchasing an additional 113 shares during the last quarter. Cerity Partners LLC boosted its position in AZZ by 4.2% in the first quarter. Cerity Partners LLC now owns 3,606 shares of the industrial products company’s stock worth $302,000 after purchasing an additional 146 shares during the last quarter. Teacher Retirement System of Texas boosted its position in AZZ by 3.9% in the second quarter. Teacher Retirement System of Texas now owns 4,311 shares of the industrial products company’s stock worth $407,000 after purchasing an additional 161 shares during the last quarter. Finally, Oliver Luxxe Assets LLC boosted its position in AZZ by 1.0% in the first quarter. Oliver Luxxe Assets LLC now owns 17,528 shares of the industrial products company’s stock worth $1,466,000 after purchasing an additional 176 shares during the last quarter. Institutional investors own 90.93% of the company’s stock.

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.