AZZ (NYSE:AZZ) Announces Earnings Results, Beats Estimates By $0.16 EPS

AZZ (NYSE:AZZ – Get Free Report) released its earnings results on Wednesday. The industrial products company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.16, FiscalAI reports. The company had revenue of $448.53 million during the quarter, compared to the consensus estimate of $434.58 million. AZZ had a return on equity of 14.47% and a net margin of 19.23%.AZZ’s revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.78 EPS. AZZ updated its FY 2027 guidance to 6.750-7.150 EPS.

AZZ Stock Down 0.1%

Shares of NYSE:AZZ opened at $143.90 on Thursday. AZZ has a fifty-two week low of $92.98 and a fifty-two week high of $162.20. The firm’s 50 day moving average price is $145.55 and its 200 day moving average price is $133.11. The company has a quick ratio of 1.21, a current ratio of 1.70 and a debt-to-equity ratio of 0.36. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 13.70 and a beta of 1.11.

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AZZ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.7%. This is a positive change from AZZ’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, July 9th. AZZ’s dividend payout ratio is 7.62%.

Institutional Investors Weigh In On AZZ

A number of large investors have recently modified their holdings of AZZ. Price T Rowe Associates Inc. MD lifted its position in shares of AZZ by 861.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 315,485 shares of the industrial products company’s stock worth $33,814,000 after purchasing an additional 282,676 shares during the last quarter. Wellington Management Group LLP increased its holdings in AZZ by 93.2% in the fourth quarter. Wellington Management Group LLP now owns 549,291 shares of the industrial products company’s stock valued at $58,873,000 after buying an additional 264,956 shares during the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in AZZ by 131.2% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 299,147 shares of the industrial products company’s stock valued at $32,063,000 after buying an additional 169,772 shares in the last quarter. Invesco Ltd. raised its stake in AZZ by 103.5% in the third quarter. Invesco Ltd. now owns 276,990 shares of the industrial products company’s stock valued at $30,228,000 after buying an additional 140,877 shares in the last quarter. Finally, Intrinsic Edge Capital Management LLC purchased a new stake in AZZ during the 4th quarter worth about $11,200,000. 90.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AZZ shares. Weiss Ratings restated a “buy (b+)” rating on shares of AZZ in a report on Wednesday, May 20th. Evercore reiterated an “outperform” rating and set a $152.00 target price on shares of AZZ in a report on Monday, April 27th. Robert W. Baird raised their price target on shares of AZZ from $125.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. B. Riley Financial boosted their price target on shares of AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, AZZ has a consensus rating of “Moderate Buy” and a consensus target price of $152.00.

Check Out Our Latest Report on AZZ

Key AZZ News

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ beat earnings and revenue estimates, showing continued operating momentum in both Metal Coatings and Precoat Metals. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results
• Positive Sentiment: Management raised FY2027 guidance to $6.75-$7.15 EPS and $1.8 billion-$1.9 billion revenue, signaling confidence in the full-year outlook. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results
• Positive Sentiment: The company also reported strong cash generation and a higher dividend, which may appeal to income-focused investors. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results
• Neutral Sentiment: Analysts were previously neutral on AZZ, suggesting the stock may need continued execution to sustain upside. Analysts Are Neutral on These Industrial Goods Stocks: TopBuild (BLD), AZZ (AZZ)
• Negative Sentiment: Reported GAAP net income and EPS were distorted by prior-year AVAIL JV impacts, which can make headline comparisons look weaker than adjusted results. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results

AZZ Company Profile

(Get Free Report)

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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