AZZ Inc. (NYSE:AZZ) Stock Has Consensus Price Target of $155.25

AZZ Inc. (NYSE:AZZ) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $153.20.

AZZ has been the subject of a number of recent analyst reports. B. Riley Financial upped their price target on AZZ from $170.00 to $174.00 and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen raised AZZ from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Tuesday, October 6th. Robert W. Baird dropped their target price on shares of AZZ from $155.00 to $150.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company lifted their target price on shares of AZZ from $144.00 to $145.00 and gave the company an “equal weight” rating in a research note on Thursday.

Insider Buying and Selling at AZZ

In other news, COO Bryan Lee Stovall sold 2,677 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $150.07, for a total transaction of $401,737.39. Following the sale, the chief operating officer owned 35,000 shares in the company, valued at approximately $5,252,450. The trade was a 7.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Jeffrey Vellines sold 4,220 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $153.55, for a total transaction of $647,981.00. Following the completion of the sale, the chief operating officer directly owned 1,834 shares in the company, valued at $281,610.70. This represents a 69.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Counterpoint Mutual Funds LLC bought a new stake in shares of AZZ during the third quarter valued at approximately $605,000. Contravisory Investment Management Inc. lifted its holdings in shares of AZZ by 12.5% during the third quarter. Contravisory Investment Management Inc. now owns 3,063 shares of the industrial products company’s stock valued at $412,000 after purchasing an additional 340 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of AZZ by 27.5% during the third quarter. GAMMA Investing LLC now owns 658 shares of the industrial products company’s stock valued at $88,000 after buying an additional 142 shares during the last quarter. QRG Capital Management Inc. boosted its position in shares of AZZ by 7.0% during the second quarter. QRG Capital Management Inc. now owns 3,851 shares of the industrial products company’s stock valued at $597,000 after buying an additional 251 shares during the last quarter. Finally, Tidal Investments LLC boosted its position in shares of AZZ by 0.7% during the second quarter. Tidal Investments LLC now owns 21,919 shares of the industrial products company’s stock valued at $3,399,000 after buying an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Key AZZ News

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ reported record quarterly sales of $486.9 million, up 16.7% year over year, while EPS of $2.00 exceeded the $1.82 analyst consensus. Management also raised fiscal 2027 EPS guidance to $7.00–$7.30, supporting the company’s growth outlook. AZZ Analysts Boost Their Forecasts After Upbeat Q2 Results
• Positive Sentiment: Noble Financial raised its AZZ EPS forecasts for fiscal 2027 through fiscal 2031. The firm now expects $7.15 for fiscal 2027, $7.67 for fiscal 2028, $8.00 for fiscal 2029, $8.34 for fiscal 2030 and $8.70 for fiscal 2031, indicating confidence in longer-term earnings growth.
• Positive Sentiment: Wells Fargo increased its price target to $145 from $144, implying meaningful potential upside from the referenced trading level, although it retained an “equal weight” rating.
• Neutral Sentiment: Barclays initiated coverage with an “equal weight” rating and a $140 price target, while Robert W. Baird maintained a “neutral” rating despite reducing its target to $150 from $155. The ratings suggest analysts see upside but remain cautious about valuation and execution. AZZ Lifts Guidance Following Record Sales
• Negative Sentiment: Noble Financial trimmed its fiscal 2027 third- and fourth-quarter EPS estimates to $1.75 and $1.55, respectively. These modest near-term reductions may be weighing on the stock even though full-year and longer-range estimates increased.
• Negative Sentiment: The market’s reaction has remained subdued after the earnings beat, reflecting concerns that the strong results and raised guidance may already be reflected in AZZ’s valuation. The shares also remain below their 50-day and 200-day moving averages, adding technical pressure.

AZZ Stock Down 0.2%

Shares of NYSE AZZ opened at $129.30 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.79 and a debt-to-equity ratio of 0.33. AZZ has a 52 week low of $94.61 and a 52 week high of $162.20. The firm’s fifty day moving average is $139.03 and its 200 day moving average is $142.19. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 23.30 and a beta of 1.13.

AZZ (NYSE:AZZ) last announced its quarterly earnings results on Tuesday, October 13th. The industrial products company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.12. The business had revenue of $486.89 million during the quarter, compared to analysts’ expectations of $467.14 million. AZZ had a net margin of 9.59% and a return on equity of 14.85%. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.55 EPS. AZZ has set its FY 2027 guidance at 7.000-7.300 EPS. On average, equities research analysts expect that AZZ will post 7.11 earnings per share for the current year.

AZZ Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, October 19th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, October 19th. AZZ’s dividend payout ratio (DPR) is presently 17.30%.

AZZ Company Profile

AZZ Inc is a provider of metal coating solutions serving customers primarily in North America. The company operates through its Metal Coatings and Precoat Metals segments, helping protect and enhance the performance, appearance, and durability of steel and other metal products used across a range of industries.

Through its Metal Coatings segment, AZZ provides hot-dip galvanizing, powder coating, anodizing, plating, and related coating services. These treatments are used for corrosion protection and finishing applications involving infrastructure, construction, industrial, transportation, and other metal products.

Precoat Metals provides coil coating services for steel and aluminum products before they are fabricated.