AZZ (NYSE:AZZ) Releases 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.

Wall Street Analyst Weigh In

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

AZZ Stock Up 1.1%

AZZ stock traded up $1.40 during midday trading on Thursday, reaching $127.94. 77,637 shares of the company were exchanged, compared to its average volume of 156,816. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.66. AZZ has a 1-year low of $70.90 and a 1-year high of $130.69. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 12.04 and a beta of 1.13. The stock’s 50-day simple moving average is $114.26 and its 200 day simple moving average is $110.01.

AZZ (NYSE:AZZ) last issued its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm 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 firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.39 EPS. AZZ has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities analysts forecast that AZZ will post 5.13 earnings per share for the current year.

AZZ Dividend Announcement

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

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

Insider Activity

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

Institutional Trading of AZZ

Several large investors have recently added to or reduced their stakes in the company. Osterweis Capital Management Inc. acquired a new position in AZZ in the 2nd quarter valued at $30,000. Quarry LP grew 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 worth $47,000 after purchasing an additional 299 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 acquiring an additional 859 shares during the period. Vestcor Inc acquired a new position in shares of AZZ in the 3rd quarter worth approximately $110,000. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of AZZ in the 3rd quarter worth about $203,000. 90.93% of the stock is owned by institutional investors and hedge funds.

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.