Noble Financial Issues Optimistic Outlook for AZZ Earnings

AZZ Inc. (NYSE:AZZ) – Investment analysts at Noble Financial upped their Q2 2026 EPS estimates for AZZ in a research note issued to investors 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 previous estimate 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.

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

Several other brokerages have also recently weighed in on AZZ. Roth Capital raised shares of AZZ to a “strong-buy” rating in a report on Tuesday, February 11th. B. Riley raised their target price on shares of AZZ from $99.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Roth Mkm initiated coverage on shares of AZZ in a report on Tuesday, February 11th. They issued a “buy” rating and a $108.00 target price on the stock. Finally, Jefferies Financial Group raised their target price on shares of AZZ from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, December 6th. Four equities 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. Based on data from MarketBeat.com, AZZ has an average rating of “Moderate Buy” and an average price target of $100.67.

AZZ Stock Down 3.4 %

Shares of NYSE:AZZ opened at $87.44 on Wednesday. The firm’s 50 day moving average price is $90.36 and its 200 day moving average price is $85.73. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 59.08, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27. AZZ has a fifty-two week low of $69.59 and a fifty-two week high of $99.49. The company has a quick ratio of 1.26, a current ratio of 1.77 and a debt-to-equity ratio of 0.85.

Hedge Funds Weigh In On AZZ

A number of institutional investors have recently modified their holdings of the business. Pullen Investment Management LLC increased its holdings in shares of AZZ by 45.8% in the 4th quarter. Pullen Investment Management LLC now owns 19,126 shares of the industrial products company’s stock valued at $1,567,000 after acquiring an additional 6,007 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of AZZ in the 4th quarter valued at $2,514,000. PharVision Advisers LLC acquired a new position in shares of AZZ in the 4th quarter valued at $297,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of AZZ by 16.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 69,111 shares of the industrial products company’s stock valued at $5,662,000 after acquiring an additional 9,531 shares during the period. Finally, Sovereign s Capital Management LLC acquired a new position in shares of AZZ in the 4th quarter valued at $897,000. 90.93% of the stock is owned by institutional investors and hedge funds.

AZZ Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, January 30th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.78%. AZZ’s payout ratio is 45.95%.

AZZ Company Profile

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.