Analysts Set AZZ Inc. (NYSE:AZZ) Target Price at $117.17

Shares of AZZ Inc. (NYSE:AZZ) have been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $117.1667.

A number of research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a research report on Friday, October 10th. Robert W. Baird set a $125.00 price target on shares of AZZ in a research note on Friday, January 9th. Weiss Ratings reissued a “buy (b)” rating on shares of AZZ in a research report on Monday, December 29th. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Finally, B. Riley increased their price target on AZZ from $131.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, September 17th.

AZZ Trading Down 0.9%

NYSE:AZZ opened at $120.77 on Friday. The business’s 50-day moving average is $107.17 and its two-hundred day moving average is $107.76. The firm has a market capitalization of $3.61 billion, a PE ratio of 11.35 and a beta of 1.13. AZZ has a 12 month low of $70.90 and a 12 month high of $123.06. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.66 and a quick ratio of 1.21.

AZZ (NYSE:AZZ) last posted its earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $425.75 million during the quarter, compared to analyst estimates of $412.97 million. AZZ had a return on equity of 14.45% and a net margin of 19.89%.The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 earnings per share. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. Research analysts predict that AZZ will post 5.13 earnings per share for the current fiscal year.

AZZ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 5th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, February 5th. AZZ’s dividend payout ratio is 7.52%.

Insider Activity

In related news, insider Tara D. Mackey sold 1,568 shares of AZZ stock in a transaction on Friday, January 9th. The shares were sold at an average price of $119.43, for a total value of $187,266.24. Following the completion of the sale, the insider owned 28,086 shares in the company, valued at approximately $3,354,310.98. The trade was a 5.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.77% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of AZZ by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 3,277,271 shares of the industrial products company’s stock worth $357,649,000 after purchasing an additional 83,983 shares during the last quarter. Capital International Investors increased its holdings in AZZ by 8.7% in the third quarter. Capital International Investors now owns 1,961,247 shares of the industrial products company’s stock valued at $214,031,000 after buying an additional 157,529 shares during the last quarter. Geode Capital Management LLC raised its stake in AZZ by 1.3% during the second quarter. Geode Capital Management LLC now owns 708,852 shares of the industrial products company’s stock valued at $66,981,000 after buying an additional 9,326 shares in the last quarter. SG Capital Management LLC raised its stake in AZZ by 111.3% during the third quarter. SG Capital Management LLC now owns 376,040 shares of the industrial products company’s stock valued at $41,037,000 after buying an additional 198,036 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in AZZ by 19.9% during the 3rd quarter. Bank of America Corp DE now owns 344,929 shares of the industrial products company’s stock worth $37,642,000 after buying an additional 57,334 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

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.