AZZ (NYSE:AZZ) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS

AZZ (NYSE:AZZ) released its earnings results on Wednesday. The industrial products company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.16, FiscalAI reports. AZZ had a net margin of 11.83% and a return on equity of 14.33%. The business had revenue of $448.53 million during the quarter, compared to analysts’ expectations of $434.58 million. During the same period last year, the business earned $1.78 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. AZZ updated its FY 2027 guidance to 6.750-7.150 EPS.

AZZ Stock Performance

Shares of NYSE:AZZ opened at $141.42 on Friday. AZZ has a 12-month low of $92.98 and a 12-month high of $162.20. The company’s 50 day moving average price is $145.54 and its two-hundred day moving average price is $133.35. The firm has a market cap of $4.25 billion, a PE ratio of 21.56 and a beta of 1.11. The company has a quick ratio of 1.21, a current ratio of 1.70 and a debt-to-equity ratio of 0.36.

AZZ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, July 9th. This is a boost from AZZ’s previous quarterly dividend of $0.20. AZZ’s dividend payout ratio (DPR) is currently 12.20%.

Institutional Investors Weigh In On AZZ

Large investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC increased its stake in AZZ by 3.0% during the 4th quarter. Lido Advisors LLC now owns 2,633 shares of the industrial products company’s stock worth $286,000 after acquiring an additional 77 shares during the period. LPL Financial LLC increased its position in shares of AZZ by 1.0% in the fourth quarter. LPL Financial LLC now owns 10,593 shares of the industrial products company’s stock worth $1,135,000 after purchasing an additional 101 shares during the period. Public Employees Retirement System of Ohio raised its stake in AZZ by 0.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 19,159 shares of the industrial products company’s stock valued at $2,053,000 after purchasing an additional 143 shares in the last quarter. Zacks Investment Management raised its stake in AZZ by 3.7% in the third quarter. Zacks Investment Management now owns 4,705 shares of the industrial products company’s stock valued at $514,000 after purchasing an additional 169 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in AZZ by 0.7% during the second quarter. California State Teachers Retirement System now owns 26,314 shares of the industrial products company’s stock worth $2,486,000 after purchasing an additional 190 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AZZ. Evercore reaffirmed an “outperform” rating and issued a $152.00 target price on shares of AZZ in a report on Monday, April 27th. B. Riley Financial lifted their price target on AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Weiss Ratings reissued a “buy (b+)” rating on shares of AZZ in a research report on Wednesday, May 20th. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Robert W. Baird lifted their target price on AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $152.00.

Key Stories Impacting AZZ

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ beat quarterly expectations, posting adjusted EPS of $1.85 and revenue of $448.5 million, both above analyst estimates, with sales up 6.3% year over year. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results
• Positive Sentiment: The company raised FY2027 guidance, now calling for adjusted EPS of $6.75-$7.15 and revenue of $1.8 billion-$1.9 billion, suggesting management expects demand to stay solid. AZZ Shines in Q1 on Metal Coatings Momentum, Boosts Outlook
• Positive Sentiment: Growth in Metal Coatings and Precoat Metals, especially record quarterly sales in both segments, points to healthy end-market demand and operating momentum. AZZ (NYSE:AZZ) surprises with strong Q2 CY2026, stock soars
• Neutral Sentiment: AZZ’s conference call transcript and follow-up coverage are being closely watched for more detail on margins, cash flow, and the company’s outlook. AZZ Inc. (AZZ) Q1 2027 Earnings Call Transcript
• Negative Sentiment: Reported GAAP net income and EPS were distorted by prior-year AVAIL JV gains, so some headline comparisons are less flattering even though adjusted results improved. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results

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.