AZZ (NYSE:AZZ) Updates FY 2027 Earnings Guidance

AZZ (NYSE:AZZ) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.500-7.000 for the period, compared to the consensus earnings per share estimate of 6.830. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion.

AZZ Price Performance

NYSE AZZ traded down $0.88 during trading hours on Wednesday, hitting $126.70. 141,708 shares of the company’s stock traded hands, compared to its average volume of 160,450. The company has a market capitalization of $3.78 billion, a PE ratio of 11.91 and a beta of 1.13. 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 has a 52-week low of $70.90 and a 52-week high of $130.69. The firm’s 50-day moving average is $113.84 and its 200-day moving average is $109.89.

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

AZZ Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 5th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, February 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. AZZ’s dividend payout ratio is currently 7.52%.

AZZ announced that its Board of Directors has authorized a share repurchase plan on Friday, January 30th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the industrial products company to repurchase up to 2.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wall Street Zen raised shares of AZZ from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AZZ in a research note on Monday, December 29th. Robert W. Baird set a $125.00 target price on AZZ in a research note on Friday, January 9th. Finally, Wells Fargo & Company cut their price target on shares of AZZ from $128.00 to $121.00 and set an “overweight” rating on the stock in a research note on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $117.17.

Insider Buying and Selling at AZZ

In related news, insider Tara D. Mackey sold 2,790 shares of AZZ stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $126.64, for a total value of $353,325.60. Following the transaction, the insider directly owned 25,296 shares in the company, valued at $3,203,485.44. This trade represents a 9.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Thomas E. Ferguson sold 25,000 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $127.29, for a total value of $3,182,250.00. Following the transaction, the chief executive officer directly owned 158,182 shares in the company, valued at $20,134,986.78. This represents a 13.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 30,358 shares of company stock valued at $3,841,552. Corporate insiders own 1.77% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AZZ. Osterweis Capital Management Inc. purchased a new stake in AZZ during the second quarter worth approximately $30,000. Quarry LP lifted its holdings in shares of AZZ by 219.9% during the 3rd quarter. Quarry LP now owns 435 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 299 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in AZZ by 1,145.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 934 shares of the industrial products company’s stock worth $88,000 after purchasing an additional 859 shares during the period. Vestcor Inc acquired a new stake in AZZ in the 3rd quarter valued at $110,000. Finally, Russell Investments Group Ltd. increased its holdings in AZZ by 78.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,952 shares of the industrial products company’s stock valued at $184,000 after purchasing an additional 857 shares in the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

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.