Analysts Set AZZ Inc. (NYSE:AZZ) Price Target at $152.00

AZZ Inc. (NYSE:AZZ) has received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $155.00.

A number of research analysts have commented on the stock. Robert W. Baird raised their price target on shares of AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings downgraded AZZ from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. Wells Fargo & Company upped their price target on AZZ from $138.00 to $144.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, B. Riley Financial increased their price objective on AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a research note on Friday, April 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada increased its holdings in AZZ by 8.8% during the 1st quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company’s stock valued at $1,055,000 after purchasing an additional 1,024 shares in the last quarter. AQR Capital Management LLC boosted its stake in AZZ by 26.2% in the first quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company’s stock worth $519,000 after purchasing an additional 1,290 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of AZZ by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company’s stock worth $1,462,000 after purchasing an additional 771 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of AZZ by 21.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company’s stock valued at $7,030,000 after buying an additional 14,965 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of AZZ by 185.9% in the first quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company’s stock valued at $4,274,000 after buying an additional 33,238 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting AZZ

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ reported Q1 earnings of $1.85 per share, topping estimates, with revenue also beating expectations and rising year over year. AZZ Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its FY2027 outlook, which investors may view as a sign that demand remains robust across its Metal Coatings and Precoat Metal segments. AZZ Shines in Q1 on Metal Coatings Momentum, Boosts Outlook
• Positive Sentiment: Analysts and market commentary highlighted momentum from infrastructure demand, which supports the stock’s recent strength. Why Is AZZ (NYSE:AZZ) in Focus as Infrastructure Demand Holds?
• Neutral Sentiment: Wells Fargo raised its price target on AZZ to $144 from $138, but kept an “equal weight” rating, implying limited upside from the current share price. Wells Fargo price target update
• Neutral Sentiment: Some commentary questioned whether the broader grid/infrastructure boom is enough to justify buying the stock at current levels. AZZ Inc.: The Grid Boom May Not Be Enough To Justify Buying Here

AZZ Stock Performance

AZZ traded up $5.33 during trading on Friday, reaching $146.23. 436,130 shares of the company’s stock were exchanged, compared to its average volume of 351,575. The company has a market capitalization of $4.39 billion, a P/E ratio of 22.29 and a beta of 1.11. The company has a quick ratio of 1.21, a current ratio of 1.92 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average price of $145.70 and a 200 day moving average price of $133.44. AZZ has a fifty-two week low of $92.98 and a fifty-two week high of $162.20.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.16. The company had revenue of $448.53 million during the quarter, compared to analysts’ expectations of $434.58 million. AZZ had a net margin of 11.83% and a return on equity of 14.18%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.78 EPS. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. As a group, analysts predict that AZZ will post 6.78 earnings per share for the current fiscal year.

AZZ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, July 9th. This is a positive change from AZZ’s previous quarterly dividend of $0.20. AZZ’s payout ratio is currently 14.63%.

About AZZ

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.