Analysts Issue Forecasts for AZZ’s Q2 Earnings (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ) – Equities researchers at Noble Financial decreased their Q2 2026 earnings estimates for AZZ in a research report issued to clients and investors on Wednesday, April 23rd. Noble Financial analyst M. Reichman now forecasts that the industrial products company will earn $1.59 per share for the quarter, down from their previous forecast of $1.61. 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 $1.48 EPS and Q4 2026 earnings at $1.10 EPS.

AZZ (NYSE:AZZ) last issued its quarterly earnings results on Monday, April 21st. The industrial products company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.03. AZZ had a return on equity of 16.99% and a net margin of 7.94%. The firm had revenue of $351.88 million during the quarter, compared to the consensus estimate of $367.78 million.

Other analysts also recently issued research reports about the stock. Sidoti raised shares of AZZ from a “neutral” rating to a “buy” rating and set a $101.00 price objective for the company in a research report on Wednesday, April 9th. Roth Mkm began coverage on shares of AZZ in a research note on Tuesday, February 11th. They set a “buy” rating and a $108.00 target price on the stock. Roth Capital raised shares of AZZ to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, B. Riley upped their price objective on shares of AZZ from $99.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.71.

AZZ Stock Up 0.5 %

Shares of AZZ stock opened at $85.11 on Friday. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 57.51, a PEG ratio of 1.32 and a beta of 1.22. The stock’s 50-day moving average is $85.99 and its 200 day moving average is $86.36. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. AZZ has a one year low of $69.59 and a one year high of $99.49.

AZZ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 24th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Thursday, April 24th. AZZ’s dividend payout ratio (DPR) is 42.77%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AZZ. Bank of America Corp DE raised its holdings in shares of AZZ by 554.6% in the 4th quarter. Bank of America Corp DE now owns 251,823 shares of the industrial products company’s stock worth $20,629,000 after acquiring an additional 213,355 shares during the last quarter. Wellington Management Group LLP increased its holdings in AZZ by 19.2% during the 4th quarter. Wellington Management Group LLP now owns 882,308 shares of the industrial products company’s stock worth $72,279,000 after purchasing an additional 142,215 shares in the last quarter. Driehaus Capital Management LLC bought a new stake in AZZ during the 4th quarter worth approximately $10,612,000. T. Rowe Price Investment Management Inc. lifted its holdings in shares of AZZ by 4.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,729,287 shares of the industrial products company’s stock valued at $223,584,000 after purchasing an additional 124,392 shares in the last quarter. Finally, Nordea Investment Management AB bought a new stake in AZZ during the fourth quarter worth $7,798,000. 90.93% of the stock is currently owned by institutional investors and hedge funds.

About AZZ

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.