AZZ (NYSE:AZZ) Price Target Raised to $111.00 at B. Riley

AZZ (NYSE:AZZ - Free Report) had its target price boosted by B. Riley from $99.00 to $111.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The firm 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.

Other research analysts have also recently issued research reports about the stock. Roth Mkm started coverage on shares of AZZ in a report on Tuesday. They issued a "buy" rating and a $108.00 price target on the stock. Jefferies Financial Group increased their target price on AZZ from $105.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, December 6th. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $100.67.

AZZ Stock Performance

Shares of NYSE:AZZ traded down $0.80 during trading on Tuesday, hitting $97.77. 106,211 shares of the company were exchanged, compared to its average volume of 217,797. The company has a market cap of $2.92 billion, a PE ratio of 65.85, a P/E/G ratio of 1.33 and a beta of 1.30. AZZ has a 52-week low of $69.59 and a 52-week high of $99.18. The stock has a 50 day moving average of $87.87 and a 200 day moving average of $83.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.77 and a quick ratio of 1.26.

AZZ (NYSE:AZZ - Get Free Report) last released its quarterly earnings results on Tuesday, January 7th. The industrial products company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.10. The firm had revenue of $403.65 million for the quarter, compared to analysts' expectations of $394.30 million. AZZ had a net margin of 7.94% and a return on equity of 16.99%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.19 earnings per share. As a group, equities research analysts predict that AZZ will post 5.13 EPS for the current year.

AZZ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, January 30th will be given a dividend of $0.17 per share. The ex-dividend date is Thursday, January 30th. This represents a $0.68 annualized dividend and a yield of 0.70%. AZZ's payout ratio is 45.95%.

Institutional Trading of AZZ

Institutional investors have recently modified their holdings of the company. Nordea Investment Management AB purchased a new stake in shares of AZZ during the fourth quarter worth about $7,798,000. Oliver Luxxe Assets LLC purchased a new stake in shares of AZZ during the fourth quarter worth about $1,421,000. Assenagon Asset Management S.A. boosted its holdings in shares of AZZ by 23.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 22,715 shares of the industrial products company's stock worth $1,861,000 after purchasing an additional 4,315 shares during the period. Hennessy Advisors Inc. boosted its holdings in shares of AZZ by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 131,500 shares of the industrial products company's stock worth $10,772,000 after purchasing an additional 8,400 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of AZZ by 1.5% during the third quarter. Geode Capital Management LLC now owns 675,603 shares of the industrial products company's stock worth $55,823,000 after purchasing an additional 10,072 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

About AZZ

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.