AZZ (NYSE:AZZ) Given New $169.00 Price Target at B. Riley Financial

AZZ (NYSE:AZZ) had its price target raised by equities researchers at B. Riley Financial from $167.00 to $169.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. B. Riley Financial’s price target indicates a potential upside of 13.85% from the stock’s current price.

Several other research analysts also recently commented on the company. Robert W. Baird raised their price objective on AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday. Evercore reissued an “outperform” rating and issued a $137.00 target price on shares of AZZ in a report on Wednesday, March 4th. Noble Financial restated an “outperform” rating on shares of AZZ in a research note on Tuesday, February 17th. Wells Fargo & Company downgraded shares of AZZ from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $127.00 to $132.00 in a report on Monday, March 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $138.80.

AZZ Price Performance

Shares of NYSE:AZZ opened at $148.44 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 1.21. The company has a market capitalization of $4.43 billion, a PE ratio of 13.94 and a beta of 1.15. AZZ has a 1-year low of $81.24 and a 1-year high of $147.28. The business has a fifty day moving average price of $130.61 and a 200-day moving average price of $117.18.

AZZ (NYSE:AZZ) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.15. AZZ had a return on equity of 14.63% and a net margin of 19.23%.The company had revenue of $385.10 million for the quarter, compared to analysts’ expectations of $382.24 million. During the same period last year, the firm 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. As a group, equities analysts expect that AZZ will post 6.82 EPS for the current fiscal year.

AZZ announced that its Board of Directors has initiated a stock repurchase plan on Friday, January 30th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 2.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other news, CEO Thomas E. Ferguson sold 25,000 shares of AZZ stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $127.29, for a total transaction of $3,182,250.00. Following the sale, the chief executive officer owned 158,182 shares in the company, valued at $20,134,986.78. This trade represents a 13.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Tara D. Mackey sold 2,923 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total transaction of $397,528.00. Following the completion of the transaction, the insider directly owned 22,373 shares in the company, valued at $3,042,728. This trade represents a 11.56% decrease in their position. The SEC filing for this sale provides additional information. 1.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On AZZ

Institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. increased its holdings in 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 position in shares of AZZ during the 2nd quarter valued at about $30,000. Kestra Advisory Services LLC purchased a new position in shares of AZZ during the fourth quarter valued at about $38,000. Clearstead Advisors LLC increased its holdings in shares of AZZ by 184.3% in the fourth quarter. Clearstead Advisors LLC now owns 361 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 234 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of AZZ by 55.9% in the fourth quarter. Fifth Third Bancorp now owns 382 shares of the industrial products company’s stock worth $41,000 after buying an additional 137 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting AZZ

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: Record FY2026 performance — AZZ reported record full‑year sales of $1.65B, higher profitability and strong adjusted net income growth, highlighting scaling benefits from its metal‑coatings business that support longer‑term margin expansion. AZZ Inc. Reports Fourth Quarter and Fiscal Year 2026 Full-Year Results
• Positive Sentiment: Q4 beat — AZZ posted quarterly EPS of $1.34, topping consensus and showing year‑over‑year margin improvement, which supports current valuation multiples tied to improving profitability. AZZ (AZZ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: End‑market tailwinds — Management and analysts point to strong data‑center and T&D infrastructure demand offsetting residential softness, giving revenue visibility in higher‑margin metal‑coatings and services. AZZ Q1 deep dive
• Neutral Sentiment: FY2027 guidance reiterated — AZZ reiterated FY2027 guidance for $1.725B–$1.775B sales and $6.50–$7.00 adjusted EPS, which aligns with management’s demand thesis but sits around (and slightly below) some consensus revenue expectations — stabilizing but not broadly accelerating sentiment. AZZ reiterates fiscal 2027 outlook
• Neutral Sentiment: Earnings call color — Transcripts emphasize capacity scaling in metal coatings, margin improvement initiatives and segment dynamics; useful for modeling but no major surprises that change the guidance picture. AZZ (AZZ) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Mixed quarter cash/net income items — some reports note Q4 net income and GAAP metrics were affected by one‑time items and cash & cash equivalents declined year‑over‑year, introducing short‑term volatility risk. AZZ Inc. Releases Q4 2026 Earnings
• Negative Sentiment: Insider and institutional moves — recent insider sales and notable portfolio reductions by some large institutional holders could apply downward pressure or increased selling interest near current levels. AZZ Inc. Releases Q4 2026 Earnings (Insider/Institutional)

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.