AZZ Inc. (NYSE:AZZ) Stock Has Average Target Price of $155.25

Shares of AZZ Inc. (NYSE:AZZ) have earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $153.20.

Several equities research analysts have recently issued reports on the stock. Barclays increased their price objective on shares of AZZ from $140.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Thursday. Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a report on Tuesday, October 6th. B. Riley Financial increased their target price on AZZ from $170.00 to $174.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Robert W. Baird dropped their price target on AZZ from $155.00 to $150.00 and set a “neutral” rating on the stock in a research note on Thursday.

Key Stories Impacting AZZ

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ reported record quarterly sales of $486.9 million, up 16.7% year over year, while EPS of $2.00 exceeded the $1.82 analyst consensus. Management also raised fiscal 2027 EPS guidance to $7.00–$7.30, supporting the company’s growth outlook. AZZ Analysts Boost Their Forecasts After Upbeat Q2 Results
• Positive Sentiment: Noble Financial raised its AZZ EPS forecasts for fiscal 2027 through fiscal 2031. The firm now expects $7.15 for fiscal 2027, $7.67 for fiscal 2028, $8.00 for fiscal 2029, $8.34 for fiscal 2030 and $8.70 for fiscal 2031, indicating confidence in longer-term earnings growth.
• Positive Sentiment: Wells Fargo increased its price target to $145 from $144, implying meaningful potential upside from the referenced trading level, although it retained an “equal weight” rating.
• Neutral Sentiment: Barclays initiated coverage with an “equal weight” rating and a $140 price target, while Robert W. Baird maintained a “neutral” rating despite reducing its target to $150 from $155. The ratings suggest analysts see upside but remain cautious about valuation and execution. AZZ Lifts Guidance Following Record Sales
• Negative Sentiment: Noble Financial trimmed its fiscal 2027 third- and fourth-quarter EPS estimates to $1.75 and $1.55, respectively. These modest near-term reductions may be weighing on the stock even though full-year and longer-range estimates increased.
• Negative Sentiment: The market’s reaction has remained subdued after the earnings beat, reflecting concerns that the strong results and raised guidance may already be reflected in AZZ’s valuation. The shares also remain below their 50-day and 200-day moving averages, adding technical pressure.

Insider Transactions at AZZ

In other AZZ news, COO Bryan Lee Stovall sold 2,677 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $150.07, for a total transaction of $401,737.39. Following the completion of the transaction, the chief operating officer owned 35,000 shares of the company’s stock, valued at $5,252,450. This represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Jeffrey Vellines sold 4,220 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $153.55, for a total transaction of $647,981.00. Following the transaction, the chief operating officer directly owned 1,834 shares of the company’s stock, valued at $281,610.70. This represents a 69.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AZZ

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PDT Partners LLC acquired a new position in AZZ during the second quarter valued at approximately $1,597,000. Public Employees Retirement System of Ohio bought a new position in AZZ in the second quarter valued at approximately $2,716,000. Bank of America Corp DE bought a new position in AZZ in the second quarter valued at approximately $32,505,000. The Manufacturers Life Insurance Company acquired a new position in shares of AZZ during the 2nd quarter worth approximately $2,186,000. Finally, Legal & General Group Plc acquired a new position in shares of AZZ during the 2nd quarter worth approximately $10,411,000. 90.93% of the stock is currently owned by institutional investors and hedge funds.

AZZ Stock Down 1.0%

NYSE:AZZ opened at $129.30 on Monday. AZZ has a 1 year low of $94.61 and a 1 year high of $162.20. The stock has a 50-day moving average price of $139.03 and a two-hundred day moving average price of $142.04. The stock has a market cap of $3.87 billion, a price-to-earnings ratio of 23.30 and a beta of 1.13. The company has a current ratio of 1.79, a quick ratio of 1.39 and a debt-to-equity ratio of 0.33.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Tuesday, October 13th. The industrial products company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.12. AZZ had a return on equity of 14.85% and a net margin of 9.59%. The business had revenue of $486.89 million for the quarter, compared to analysts’ expectations of $467.14 million. During the same quarter in the previous year, the business posted $1.55 EPS. AZZ’s revenue for the quarter was up 16.7% on a year-over-year basis. AZZ has set its FY 2027 guidance at 7.000-7.300 EPS. As a group, equities analysts expect that AZZ will post 7.11 earnings per share for the current year.

AZZ Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, October 19th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, October 19th. AZZ’s dividend payout ratio is currently 17.30%.

AZZ Company Profile

AZZ Inc is a provider of metal coating solutions serving customers primarily in North America. The company operates through its Metal Coatings and Precoat Metals segments, helping protect and enhance the performance, appearance, and durability of steel and other metal products used across a range of industries.

Through its Metal Coatings segment, AZZ provides hot-dip galvanizing, powder coating, anodizing, plating, and related coating services. These treatments are used for corrosion protection and finishing applications involving infrastructure, construction, industrial, transportation, and other metal products.

Precoat Metals provides coil coating services for steel and aluminum products before they are fabricated.