Noble Financial Issues Optimistic Outlook for AZZ Earnings

AZZ Inc. (NYSE:AZZ) – Research analysts at Noble Financial upped their Q1 2026 EPS estimates for AZZ in a research note issued to investors on Wednesday, April 23rd. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings of $1.66 per share for the quarter, up from their prior forecast of $1.54. 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 FY2026 earnings at $5.83 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. The company had revenue of $351.88 million during the quarter, compared to analyst estimates of $367.78 million. AZZ had a net margin of 7.94% and a return on equity of 16.99%.

Several other analysts have also weighed in on AZZ. B. Riley upped their price objective on AZZ from $99.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Roth Mkm began coverage on shares of AZZ in a report on Tuesday, February 11th. They issued a “buy” rating and a $108.00 price target for the company. Sidoti raised shares of AZZ from a “neutral” rating to a “buy” rating and set a $101.00 price objective on the stock in a research note on Wednesday, April 9th. Finally, Roth Capital raised shares of AZZ to a “strong-buy” rating in a research note 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $100.71.

AZZ Stock Performance

AZZ opened at $85.11 on Thursday. The business has a 50 day moving average price of $85.99 and a two-hundred day moving average price of $86.32. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 57.51, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. AZZ has a 1-year low of $69.59 and a 1-year high of $99.49.

Hedge Funds Weigh In On AZZ

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of AZZ by 389.1% in the third quarter. Barclays PLC now owns 51,458 shares of the industrial products company’s stock valued at $4,250,000 after purchasing an additional 40,938 shares in the last quarter. Tidal Investments LLC raised its position in AZZ by 22.4% during the third quarter. Tidal Investments LLC now owns 20,073 shares of the industrial products company’s stock valued at $1,658,000 after buying an additional 3,673 shares during the period. Principal Financial Group Inc. lifted its stake in AZZ by 6.8% in the 3rd quarter. Principal Financial Group Inc. now owns 157,418 shares of the industrial products company’s stock worth $13,004,000 after acquiring an additional 10,038 shares in the last quarter. Nordea Investment Management AB acquired a new stake in AZZ during the 4th quarter worth about $7,798,000. Finally, Oliver Luxxe Assets LLC purchased a new position in AZZ during the 4th quarter valued at about $1,421,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

AZZ Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 24th will be issued a dividend of $0.17 per share. The ex-dividend date is Thursday, April 24th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.80%. AZZ’s dividend payout ratio is currently 42.77%.

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.