Noble Financial Issues Positive Outlook for AZZ Earnings

AZZ Inc. (NYSE:AZZ) – Stock analysts at Noble Financial boosted their Q2 2026 earnings per share (EPS) estimates for shares of AZZ in a report released on Tuesday, March 11th. Noble Financial analyst M. Reichman now expects that the industrial products company will post earnings per share of $1.61 for the quarter, up from their prior forecast of $1.57. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for AZZ’s current full-year earnings is $5.13 per share. Noble Financial also issued estimates for AZZ’s Q3 2026 earnings at $1.46 EPS.

A number of other brokerages have also recently commented on AZZ. B. Riley lifted their price target on AZZ from $99.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Roth Mkm began coverage on AZZ in a research report on Tuesday, February 11th. They set a “buy” rating and a $108.00 price target for the company. Jefferies Financial Group lifted their price target on AZZ from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Finally, Roth Capital raised AZZ to a “strong-buy” rating in a research report on Tuesday, February 11th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.67.

AZZ Stock Down 1.6 %

AZZ stock opened at $86.07 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 58.16, a PEG ratio of 1.32 and a beta of 1.27. AZZ has a 1-year low of $69.59 and a 1-year high of $99.49. The business has a fifty day moving average price of $90.36 and a 200-day moving average price of $85.73.

AZZ (NYSE:AZZ) last posted its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.10. The firm had revenue of $403.65 million during the quarter, compared to analysts’ expectations of $394.30 million. AZZ had a return on equity of 16.99% and a net margin of 7.94%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 EPS.

Hedge Funds Weigh In On AZZ

A number of institutional investors have recently modified their holdings of the stock. FMR LLC raised its stake in shares of AZZ by 13.6% during the 3rd quarter. FMR LLC now owns 3,223,391 shares of the industrial products company’s stock valued at $266,284,000 after buying an additional 385,240 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of AZZ by 4.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,729,287 shares of the industrial products company’s stock valued at $223,584,000 after buying an additional 124,392 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of AZZ by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,110,831 shares of the industrial products company’s stock valued at $90,999,000 after buying an additional 29,306 shares during the last quarter. State Street Corp increased its stake in shares of AZZ by 2.6% in the 3rd quarter. State Street Corp now owns 1,100,189 shares of the industrial products company’s stock valued at $90,887,000 after purchasing an additional 27,710 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake 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 valued at $72,279,000 after purchasing an additional 142,215 shares in the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

AZZ Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, January 30th were paid a dividend of $0.17 per share. The ex-dividend date was Thursday, January 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.79%. AZZ’s payout ratio is currently 45.95%.

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.