AZZ (NYSE:AZZ – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.900-6.200 for the period, compared to the consensus estimate of 6.020. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion.
Wall Street Analyst Weigh In
Several analysts recently issued reports on AZZ shares. Wells Fargo & Company lowered their price target on AZZ from $128.00 to $121.00 and set an “overweight” rating for the company in a report on Friday, October 10th. Wall Street Zen lowered shares of AZZ from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Finally, B. Riley increased their target price on AZZ from $131.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, AZZ has an average rating of “Moderate Buy” and an average price target of $116.33.
Read Our Latest Stock Report on AZZ
AZZ Stock Performance
AZZ (NYSE:AZZ – Get Free Report) last posted its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.47 by $0.05. The business had revenue of $425.75 million during the quarter, compared to analyst estimates of $412.97 million. AZZ had a net margin of 19.69% and a return on equity of 15.01%. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities analysts anticipate that AZZ will post 5.13 EPS for the current fiscal year.
Hedge Funds Weigh In On AZZ
Several institutional investors have recently modified their holdings of the company. Invesco Ltd. increased its holdings in shares of AZZ by 103.5% in the 3rd quarter. Invesco Ltd. now owns 276,990 shares of the industrial products company’s stock worth $30,228,000 after acquiring an additional 140,877 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of AZZ in the third quarter valued at approximately $8,739,000. Bank of America Corp DE raised its holdings in shares of AZZ by 19.9% during the third quarter. Bank of America Corp DE now owns 344,929 shares of the industrial products company’s stock valued at $37,642,000 after buying an additional 57,334 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of AZZ by 168.3% during the third quarter. Victory Capital Management Inc. now owns 57,360 shares of the industrial products company’s stock worth $6,260,000 after buying an additional 35,977 shares during the period. Finally, Credit Agricole S A bought a new position in AZZ in the 3rd quarter worth approximately $3,666,000. Institutional investors own 90.93% of the company’s stock.
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.
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