Sidoti Csr Research Analysts Increase Earnings Estimates for AZZ Inc. (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ) – Research analysts at Sidoti Csr upped their FY2026 EPS estimates for AZZ in a research note issued to investors on Tuesday, April 23rd. Sidoti Csr analyst J. Franzreb now anticipates that the industrial products company will post earnings of $5.54 per share for the year, up from their prior forecast of $5.45. The consensus estimate for AZZ’s current full-year earnings is $4.83 per share. Sidoti Csr also issued estimates for AZZ’s Q4 2026 earnings at $1.08 EPS.

Other research analysts have also issued reports about the company. StockNews.com raised AZZ from a “hold” rating to a “buy” rating in a report on Thursday. Noble Financial lowered AZZ from an “outperform” rating to a “market perform” rating and set a $75.00 target price on the stock. in a report on Friday, March 22nd. Finally, B. Riley lifted their target price on AZZ from $67.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday.

AZZ Price Performance

Shares of NYSE AZZ opened at $73.27 on Wednesday. AZZ has a fifty-two week low of $34.59 and a fifty-two week high of $84.52. The firm’s 50-day simple moving average is $75.30 and its 200 day simple moving average is $61.43. The company has a quick ratio of 1.33, a current ratio of 1.89 and a debt-to-equity ratio of 1.36. The stock has a market cap of $1.84 billion, a P/E ratio of 21.36, a P/E/G ratio of 1.23 and a beta of 1.28.

AZZ (NYSE:AZZ) last issued its quarterly earnings data on Monday, April 22nd. The industrial products company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.23. AZZ had a net margin of 6.61% and a return on equity of 15.66%. The business had revenue of $366.50 million for the quarter, compared to analysts’ expectations of $351.67 million. During the same period in the previous year, the business earned $0.30 earnings per share. The company’s revenue was up 8.9% on a year-over-year basis.

AZZ Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 2nd. Investors of record on Wednesday, April 17th will be paid a $0.17 dividend. The ex-dividend date is Tuesday, April 16th. This represents a $0.68 dividend on an annualized basis and a yield of 0.93%. AZZ’s dividend payout ratio is currently 19.83%.

Hedge Funds Weigh In On AZZ

A number of institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in AZZ by 11.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,055,634 shares of the industrial products company’s stock worth $61,322,000 after purchasing an additional 106,091 shares in the last quarter. Deutsche Bank AG increased its stake in AZZ by 4,165.2% in the 3rd quarter. Deutsche Bank AG now owns 410,142 shares of the industrial products company’s stock worth $18,694,000 after purchasing an additional 400,526 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in AZZ by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 394,920 shares of the industrial products company’s stock worth $18,000,000 after purchasing an additional 18,948 shares in the last quarter. FMR LLC increased its stake in AZZ by 4,211.2% in the 3rd quarter. FMR LLC now owns 365,590 shares of the industrial products company’s stock worth $16,664,000 after purchasing an additional 357,110 shares in the last quarter. Finally, Kennedy Capital Management LLC increased its stake in AZZ by 37.2% in the 3rd quarter. Kennedy Capital Management LLC now owns 282,716 shares of the industrial products company’s stock worth $12,886,000 after purchasing an additional 76,697 shares in the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

About AZZ

AZZ Inc provides hot-dip galvanizing and coil coating solutions in the United States, Canada, Brazil, China, the Netherlands, Poland, Singapore, and India. The company operates through AZZ Metal Coatings and AZZ Precoat Metals segments. The AZZ Metal Coatings segment offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries.