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

AZZ Inc. (NYSE:AZZ) – Research analysts at B. Riley lifted their FY2026 EPS estimates for AZZ in a research note issued on Wednesday, September 17th. B. Riley analyst N. Giles now anticipates that the industrial products company will post earnings of $6.23 per share for the year, up from their previous forecast of $6.17. B. Riley has a “Buy” rating and a $140.00 price objective on the stock. The consensus estimate for AZZ’s current full-year earnings is $5.13 per share. B. Riley also issued estimates for AZZ’s Q1 2027 earnings at $1.90 EPS, Q2 2027 earnings at $1.89 EPS, Q3 2027 earnings at $1.94 EPS and FY2027 earnings at $7.36 EPS.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Wednesday, July 9th. The industrial products company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.59 by $0.19. AZZ had a net margin of 16.40% and a return on equity of 15.54%. The business had revenue of $421.96 million during the quarter, compared to the consensus estimate of $435.91 million. During the same period in the previous year, the business earned $1.46 earnings per share. The company’s revenue was up 2.1% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.750-6.250 EPS.

AZZ has been the topic of a number of other research reports. Evercore ISI boosted their target price on shares of AZZ from $90.00 to $108.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 9th. Noble Financial reaffirmed an “outperform” rating on shares of AZZ in a research note on Monday, July 14th. Wall Street Zen cut shares of AZZ from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Wells Fargo & Company raised shares of AZZ to a “strong-buy” rating in a research note on Thursday, August 14th. Finally, Zacks Research cut shares of AZZ from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $116.43.

AZZ Stock Down 1.1%

Shares of AZZ opened at $113.18 on Thursday. The firm has a 50 day simple moving average of $112.20 and a two-hundred day simple moving average of $96.65. The company has a market cap of $3.40 billion, a P/E ratio of 13.11 and a beta of 1.30. AZZ has a one year low of $70.90 and a one year high of $119.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.51 and a quick ratio of 1.10.

AZZ Increases Dividend

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

Insider Activity

In other news, COO Bryan Lee Stovall sold 5,000 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $111.60, for a total transaction of $558,000.00. Following the transaction, the chief operating officer owned 22,709 shares in the company, valued at approximately $2,534,324.40. This represents a 18.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Thomas E. Ferguson sold 26,516 shares of the company’s 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 in the company, valued at $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 90 days, insiders have sold 46,837 shares of company stock worth $5,195,318. Company insiders own 1.77% of the company’s stock.

Institutional Investors Weigh In On AZZ

A number of institutional investors and hedge funds have recently made changes to their positions in AZZ. SG Capital Management LLC acquired a new stake in shares of AZZ in the 2nd quarter worth about $16,818,000. Wellington Management Group LLP raised its holdings in shares of AZZ by 19.2% in the 4th quarter. Wellington Management Group LLP now owns 882,308 shares of the industrial products company’s stock worth $72,279,000 after acquiring an additional 142,215 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of AZZ in the 2nd quarter worth about $11,701,000. Westwood Holdings Group Inc. raised its holdings in shares of AZZ by 19.4% in the 1st quarter. Westwood Holdings Group Inc. now owns 650,072 shares of the industrial products company’s stock worth $54,353,000 after acquiring an additional 105,723 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of AZZ in the 1st quarter worth about $8,772,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

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.