AZZ (NYSE:AZZ) Price Target Raised to $111.00

AZZ (NYSE:AZZ) had its price target lifted by B. Riley from $99.00 to $111.00 in a report published on Tuesday,Benzinga reports. B. Riley currently has a buy rating on the industrial products company’s stock. B. Riley also issued estimates for AZZ’s Q4 2025 earnings at $1.02 EPS, FY2025 earnings at $5.13 EPS, Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $1.46 EPS, Q3 2026 earnings at $1.51 EPS, Q4 2026 earnings at $1.54 EPS and FY2027 earnings at $6.48 EPS.

AZZ has been the topic of several other reports. Roth Mkm began coverage on AZZ in a research note on Tuesday. They issued a “buy” rating and a $108.00 price objective on the stock. Jefferies Financial Group raised their price objective on AZZ from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $100.67.

AZZ Stock Performance

NYSE:AZZ opened at $98.63 on Tuesday. The stock’s 50-day simple moving average is $87.87 and its 200 day simple moving average is $83.49. The firm has a market capitalization of $2.95 billion, a PE ratio of 66.64, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. The company has a quick ratio of 1.26, a current ratio of 1.77 and a debt-to-equity ratio of 0.85. AZZ has a twelve month low of $68.76 and a twelve month high of $99.18.

AZZ (NYSE:AZZ) last released its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.10. The business had revenue of $403.65 million for the quarter, compared to analyst estimates of $394.30 million. AZZ had a return on equity of 16.99% and a net margin of 7.94%. AZZ’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $1.19 earnings per share. On average, analysts anticipate that AZZ will post 5.13 EPS for the current fiscal year.

AZZ Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 30th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, January 30th. AZZ’s payout ratio is 45.95%.

Institutional Trading of AZZ

A number of hedge funds have recently made changes to their positions in AZZ. Wellington Management Group LLP acquired a new stake in shares of AZZ during the third quarter valued at about $61,139,000. FMR LLC lifted its stake in shares of AZZ by 13.6% in the third quarter. FMR LLC now owns 3,223,391 shares of the industrial products company’s stock worth $266,284,000 after acquiring an additional 385,240 shares during the period. Nordea Investment Management AB acquired a new position in shares of AZZ in the fourth quarter worth approximately $7,798,000. Norges Bank acquired a new position in shares of AZZ in the fourth quarter worth approximately $7,002,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of AZZ by 35.7% in the fourth quarter. JPMorgan Chase & Co. now owns 258,912 shares of the industrial products company’s stock worth $21,210,000 after acquiring an additional 68,131 shares during the period. 90.93% of the stock is owned by institutional investors and hedge funds.

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.