Noble Financial Issues Optimistic Outlook for AZZ Earnings

AZZ Inc. (NYSE:AZZ) – Research analysts at Noble Financial upped their Q2 2026 earnings estimates for AZZ in a report released on Tuesday, March 11th. Noble Financial analyst M. Reichman now forecasts that the industrial products company will earn $1.61 per share for the quarter, up from their prior estimate of $1.57. 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 2026 earnings at $1.46 EPS.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group upped their price objective on shares of AZZ from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. B. Riley upped their price objective on shares of AZZ from $99.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Roth Capital upgraded shares of AZZ to a “strong-buy” rating in a research report on Tuesday, February 11th. Finally, Roth Mkm assumed coverage on shares of AZZ in a research report on Tuesday, February 11th. They issued a “buy” rating and a $108.00 target price for the company. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $100.67.

AZZ Stock Performance

NYSE:AZZ opened at $87.44 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.26 and a current ratio of 1.77. The company has a fifty day moving average of $90.36 and a two-hundred day moving average of $85.73. The stock has a market capitalization of $2.61 billion, a PE ratio of 59.08, a P/E/G 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.

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

AZZ Announces Dividend

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

Institutional Investors Weigh In On AZZ

A number of hedge funds have recently modified their holdings of the company. FMR LLC grew its holdings in shares of AZZ by 13.6% in the third quarter. FMR LLC now owns 3,223,391 shares of the industrial products company’s stock valued at $266,284,000 after purchasing an additional 385,240 shares during the period. T. Rowe Price Investment Management Inc. grew 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 during the period. Dimensional Fund Advisors LP grew its holdings in shares of AZZ by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,110,831 shares of the industrial products company’s stock valued at $90,999,000 after purchasing an additional 29,306 shares during the period. State Street Corp boosted its stake in AZZ by 2.6% during the third quarter. State Street Corp now owns 1,100,189 shares of the industrial products company’s stock worth $90,887,000 after buying an additional 27,710 shares during the period. Finally, Wellington Management Group LLP boosted its stake in AZZ by 19.2% during the fourth quarter. Wellington Management Group LLP now owns 882,308 shares of the industrial products company’s stock worth $72,279,000 after buying an additional 142,215 shares during the period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

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.