Noble Financial Weighs in on AZZ’s Q2 Earnings (NYSE:AZZ)

AZZ Inc. (NYSE:AZZ) – Investment analysts at Noble Financial lifted their Q2 2027 EPS estimates for shares of AZZ in a report issued on Tuesday, February 17th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings of $1.74 per share for the quarter, up from their previous estimate of $1.72. 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 Q3 2027 earnings at $1.72 EPS, FY2027 earnings at $6.70 EPS and FY2028 earnings at $7.05 EPS.

Several other equities analysts have also recently weighed in on AZZ. Robert W. Baird set a $125.00 price target on shares of AZZ in a research note on Friday, January 9th. Wall Street Zen upgraded shares of AZZ from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $119.00.

AZZ Stock Down 3.2%

NYSE:AZZ opened at $133.25 on Wednesday. The stock has a 50-day simple moving average of $120.18 and a 200 day simple moving average of $111.76. AZZ has a 52-week low of $70.90 and a 52-week high of $141.18. The company has a market cap of $3.98 billion, a PE ratio of 12.52 and a beta of 1.13. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $425.75 million during the quarter, compared to analysts’ expectations of $412.97 million. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS.

AZZ announced that its board has authorized a stock repurchase plan on Friday, January 30th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the industrial products company to buy up to 2.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

AZZ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 5th will be paid a $0.20 dividend. The ex-dividend date is Thursday, February 5th. This represents a $0.80 annualized dividend and a yield of 0.6%. AZZ’s dividend payout ratio is currently 7.52%.

Insider Buying and Selling

In related news, CEO Thomas E. Ferguson sold 25,000 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $127.29, for a total value of $3,182,250.00. Following the transaction, the chief executive officer owned 158,182 shares in the company, valued at approximately $20,134,986.78. This represents a 13.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tara D. Mackey sold 2,923 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $136.00, for a total value of $397,528.00. Following the sale, the insider owned 22,373 shares of the company’s stock, valued at approximately $3,042,728. This represents a 11.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 33,281 shares of company stock valued at $4,239,080. Insiders own 1.77% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Huntington National Bank lifted its holdings in AZZ by 206.7% in the second quarter. Huntington National Bank now owns 273 shares of the industrial products company’s stock valued at $26,000 after buying an additional 184 shares during the period. Hantz Financial Services Inc. increased its holdings in AZZ by 92.5% in the fourth quarter. Hantz Financial Services Inc. now owns 258 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 124 shares in the last quarter. Osterweis Capital Management Inc. acquired a new position in AZZ in the second quarter valued at approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of AZZ during the 2nd quarter worth approximately $34,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of AZZ during the 4th quarter worth approximately $38,000. 90.93% of the stock is owned by institutional investors.

AZZ Company Profile

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.