AZZ Inc. (NYSE:AZZ – Free Report) – Research analysts at Noble Financial dropped their FY2026 earnings estimates for AZZ in a report issued on Friday, October 10th. Noble Financial analyst M. Reichman now expects that the industrial products company will post earnings per share of $5.98 for the year, down from their prior forecast of $6.00. Noble Financial 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 Q4 2026 earnings at $1.17 EPS, FY2027 earnings at $6.41 EPS, FY2029 earnings at $6.99 EPS and FY2030 earnings at $7.26 EPS.
AZZ (NYSE:AZZ – Get Free Report) last announced its quarterly earnings results on Tuesday, May 9th. The industrial products company reported $0.56 EPS for the quarter. The firm had revenue of $129.87 million during the quarter. AZZ had a net margin of 19.69% and a return on equity of 15.01%.
Read Our Latest Research Report on AZZ
AZZ Stock Down 2.2%
Shares of AZZ opened at $98.58 on Monday. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 9.48 and a beta of 1.30. The company has a quick ratio of 1.25, a current ratio of 1.73 and a debt-to-equity ratio of 0.44. AZZ has a 12 month low of $70.90 and a 12 month high of $119.95. The company has a 50-day moving average price of $112.06 and a two-hundred day moving average price of $99.41.
AZZ Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Thursday, October 16th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, October 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.8%. AZZ’s dividend payout ratio (DPR) is currently 7.69%.
Insider Activity at AZZ
In related news, CEO Thomas E. Ferguson sold 26,516 shares of the firm’s stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $110.85, for a total value of $2,939,298.60. Following the completion of the sale, the chief executive officer owned 183,182 shares of the company’s stock, valued at $20,305,724.70. This trade represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Bryan Lee Stovall sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $111.60, for a total transaction of $558,000.00. Following the completion of the sale, the chief operating officer directly owned 22,709 shares of the company’s stock, valued at approximately $2,534,324.40. This represents a 18.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 46,837 shares of company stock valued at $5,195,318 over the last quarter. Corporate insiders own 1.77% of the company’s stock.
Institutional Trading of AZZ
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its holdings in shares of AZZ by 1.3% in the second quarter. Geode Capital Management LLC now owns 708,852 shares of the industrial products company’s stock valued at $66,981,000 after purchasing an additional 9,326 shares in the last quarter. Westwood Holdings Group Inc. grew its holdings in AZZ by 19.4% during the 1st quarter. Westwood Holdings Group Inc. now owns 650,072 shares of the industrial products company’s stock worth $54,353,000 after acquiring an additional 105,723 shares during the period. Bank of America Corp DE grew its holdings in AZZ by 4.0% during the 2nd quarter. Bank of America Corp DE now owns 287,595 shares of the industrial products company’s stock worth $27,172,000 after acquiring an additional 11,113 shares during the period. Kennedy Capital Management LLC grew its holdings in AZZ by 2.1% during the 2nd quarter. Kennedy Capital Management LLC now owns 259,272 shares of the industrial products company’s stock worth $24,496,000 after acquiring an additional 5,301 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in AZZ by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 216,511 shares of the industrial products company’s stock worth $20,456,000 after acquiring an additional 1,087 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.
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.
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