Noble Financial Has Bullish Forecast for AZZ Q2 Earnings

AZZ Inc. (NYSE:AZZ) – Investment analysts at Noble Financial raised their Q2 2026 earnings estimates for shares of AZZ in a research report issued on Tuesday, March 11th. Noble Financial analyst M. Reichman now anticipates that the industrial products company will post earnings per share of $1.61 for the quarter, up from their previous 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.

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

Other research analysts have also recently issued reports about the stock. Jefferies Financial Group lifted their price objective on shares of AZZ from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, December 6th. B. Riley lifted their price objective on shares of AZZ from $99.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Roth Capital raised shares of AZZ to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, Roth Mkm initiated coverage on shares of AZZ in a research note on Tuesday, February 11th. They set a “buy” rating and a $108.00 target price on the stock. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, AZZ presently has a consensus rating of “Moderate Buy” and an average price target of $100.67.

AZZ Stock Performance

Shares of NYSE:AZZ opened at $90.57 on Wednesday. The company’s 50 day simple moving average is $90.25 and its 200 day simple moving average is $85.72. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 61.20, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26. AZZ has a 1 year low of $69.59 and a 1 year high of $99.49.

AZZ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, January 30th were issued a dividend of $0.17 per share. The ex-dividend date was Thursday, January 30th. This represents a $0.68 annualized dividend and a dividend yield of 0.75%. AZZ’s dividend payout ratio is currently 45.95%.

Institutional Investors Weigh In On AZZ

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Pullen Investment Management LLC grew its position in AZZ by 45.8% in the 4th quarter. Pullen Investment Management LLC now owns 19,126 shares of the industrial products company’s stock worth $1,567,000 after purchasing an additional 6,007 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in AZZ in the 4th quarter worth about $2,514,000. PharVision Advisers LLC bought a new position in shares of AZZ during the 4th quarter valued at approximately $297,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of AZZ by 16.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 69,111 shares of the industrial products company’s stock valued at $5,662,000 after acquiring an additional 9,531 shares during the period. Finally, Sovereign s Capital Management LLC bought a new position in shares of AZZ during the 4th quarter valued at approximately $897,000. 90.93% of the stock is owned by institutional investors.

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.