AZZ Inc. (NYSE:AZZ – Get Free Report) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $152.00.
A number of equities research analysts have recently weighed in on AZZ shares. Weiss Ratings reiterated a “buy (b+)” rating on shares of AZZ in a report on Wednesday, May 20th. Evercore reiterated an “outperform” rating and issued a $152.00 price target on shares of AZZ in a report on Monday, April 27th. Robert W. Baird boosted their price target on AZZ from $125.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, April 24th. B. Riley Financial boosted their price target on AZZ from $167.00 to $169.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Noble Financial reiterated an “outperform” rating on shares of AZZ in a report on Tuesday, February 17th.
View Our Latest Stock Report on AZZ
AZZ Price Performance
AZZ (NYSE:AZZ – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.15. AZZ had a return on equity of 14.47% and a net margin of 19.23%.The company had revenue of $385.10 million for the quarter, compared to the consensus estimate of $382.24 million. During the same period in the previous year, the business earned $0.98 EPS. AZZ’s revenue for the quarter was up 9.4% compared to the same quarter last year. AZZ has set its FY 2027 guidance at 6.500-7.000 EPS. Analysts predict that AZZ will post 6.78 earnings per share for the current fiscal year.
AZZ Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, April 23rd were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, April 23rd. AZZ’s payout ratio is 7.62%.
Institutional Investors Weigh In On AZZ
Institutional investors have recently made changes to their positions in the company. Hantz Financial Services Inc. increased its holdings in shares of AZZ by 92.5% in the 4th quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 124 shares during the last quarter. Osterweis Capital Management Inc. bought a new stake in shares of AZZ in the 2nd quarter valued at approximately $30,000. Kestra Advisory Services LLC bought a new stake in shares of AZZ in the 4th quarter valued at approximately $38,000. Clearstead Advisors LLC grew its stake in AZZ by 184.3% during the 4th quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after buying an additional 234 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in AZZ by 55.9% during the 4th quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock worth $41,000 after buying an additional 137 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.
About AZZ
AZZ Inc, incorporated in 1956 and headquartered in Fort Worth, Texas, is a leading provider of galvanizing and metal finishing solutions alongside electrical equipment and services. The company supports a diverse range of industries—such as energy, infrastructure, heavy equipment and general industrial markets—by delivering corrosion protection and high-performance electrical solutions designed for demanding environments.
AZZ operates two primary business segments. The Global Coatings & Services segment offers hot-dip galvanizing, metal finishing, painting, powder coating and related value-added services to steel fabricators and original equipment manufacturers.
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