AZZ (NYSE:AZZ) Upgraded to “Buy” at Wall Street Zen

AZZ (NYSE:AZZ) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

AZZ has been the subject of several other reports. Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Robert W. Baird set a $125.00 price objective on shares of AZZ in a research note on Friday. B. Riley increased their price objective on shares of AZZ from $131.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Finally, Wells Fargo & Company lowered their target price on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating for the company in a report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, AZZ presently has an average rating of “Moderate Buy” and a consensus price target of $117.17.

AZZ Stock Performance

Shares of AZZ opened at $122.07 on Friday. AZZ has a 1 year low of $70.90 and a 1 year high of $122.69. The company’s 50 day simple moving average is $106.00 and its 200 day simple moving average is $107.06. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 11.47 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.25 and a current ratio of 1.66.

AZZ (NYSE:AZZ) last released its earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. AZZ had a net margin of 19.89% and a return on equity of 14.45%. The firm had revenue of $425.75 million during the quarter, compared to analysts’ expectations of $412.97 million. During the same period in the previous year, the company earned $1.39 EPS. AZZ’s revenue for the quarter was up 5.5% on a year-over-year basis. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. On average, sell-side analysts predict that AZZ will post 5.13 EPS for the current year.

Institutional Trading of AZZ

Institutional investors have recently added to or reduced their stakes in the business. Huntington National Bank increased its holdings in AZZ by 206.7% in the 2nd quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 184 shares in the last quarter. Osterweis Capital Management Inc. purchased a new stake in shares of AZZ in the second quarter worth about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of AZZ in the second quarter valued at about $34,000. GAMMA Investing LLC raised its holdings in shares of AZZ by 39.6% during the 2nd quarter. GAMMA Investing LLC now owns 374 shares of the industrial products company’s stock valued at $35,000 after buying an additional 106 shares during the period. Finally, Assetmark Inc. acquired a new position in AZZ during the 3rd quarter worth approximately $46,000. 90.93% of the stock is owned by hedge funds and other institutional investors.

AZZ News Summary

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: Quarterly revenue and operating results beat expectations — AZZ reported ~5.5% YoY revenue growth to ~$425.8M and improved profitability, which market coverage framed as a clear operational beat that supports the stock rally. Earnings & Press Release
• Positive Sentiment: Metal Coatings and Precoat Metals are key growth drivers — deep-dive reports highlight strong demand, higher volumes and margin expansion in these segments, providing a credible revenue/margin tailwind going forward. AZZ Q4 Deep Dive
• Positive Sentiment: Management pointed to record sales and strategic growth initiatives in the quarter, reinforcing the company’s long-term market positioning in galvanizing and coil coating services. Earnings Highlights
• Positive Sentiment: Board approved a quarterly cash dividend ($0.20/share), signaling confidence in cash generation and returning capital to shareholders. Dividend Announcement
• Neutral Sentiment: Market technicals show rising relative price strength, which can attract momentum money even if fundamental views differ. Relative Strength Note
• Neutral Sentiment: Full earnings call transcripts and analyst write-ups are available for deeper read-throughs; these give more color on backlog, segment trends and capex plans. Earnings Call Transcript
• Negative Sentiment: Management narrowed FY‑2026 EPS guidance to $5.90–$6.20, a range that sits slightly below some consensus estimates — this moderation in guidance is a potential headwind if analysts trim targets. Guidance Update
• Negative Sentiment: Some third‑party summaries flagged mixed reads on quarterly EPS and noted insider selling and lower cash balances, which could temper sentiment for more conservative investors. Analyst/Street Commentary

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.