Wells Fargo & Company Boosts AZZ (NYSE:AZZ) Price Target to $144.00

AZZ (NYSE:AZZ) had its price objective raised by stock analysts at Wells Fargo & Company from $138.00 to $144.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 1.83% from the stock’s previous close.

A number of other equities analysts also recently weighed in on the company. Robert W. Baird boosted their price target on AZZ from $125.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Evercore reaffirmed an “outperform” rating and issued a $152.00 price objective on shares of AZZ in a research report on Monday, April 27th. Wall Street Zen upgraded AZZ from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings restated a “buy (b+)” rating on shares of AZZ in a research note on Wednesday, May 20th. Finally, B. Riley Financial lifted their price objective on shares of AZZ from $167.00 to $169.00 and gave the stock a “buy” rating in a research report 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 data from MarketBeat.com, AZZ currently has a consensus rating of “Moderate Buy” and an average target price of $155.00.

AZZ Stock Performance

Shares of AZZ opened at $141.42 on Friday. The company has a market cap of $4.25 billion, a PE ratio of 21.56 and a beta of 1.11. The firm has a 50-day moving average of $145.54 and a 200-day moving average of $133.35. AZZ has a one year low of $92.98 and a one year high of $162.20. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.70 and a quick ratio of 1.21.

AZZ (NYSE:AZZ) last issued its earnings results on Wednesday, July 8th. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.16. AZZ had a net margin of 11.83% and a return on equity of 14.33%. The company had revenue of $448.53 million for the quarter, compared to analysts’ expectations of $434.58 million. During the same period in the prior year, the firm earned $1.78 EPS. AZZ’s quarterly revenue was up 6.3% compared to the same quarter last year. AZZ has set its FY 2027 guidance at 6.750-7.150 EPS. As a group, equities analysts forecast that AZZ will post 6.78 earnings per share for the current year.

Institutional Trading of AZZ

Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada grew its position in shares of AZZ by 8.8% during the 1st quarter. Royal Bank of Canada now owns 12,619 shares of the industrial products company’s stock worth $1,055,000 after purchasing an additional 1,024 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of AZZ by 26.2% in the first quarter. AQR Capital Management LLC now owns 6,213 shares of the industrial products company’s stock valued at $519,000 after buying an additional 1,290 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in AZZ by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,488 shares of the industrial products company’s stock worth $1,462,000 after buying an additional 771 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in AZZ by 21.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,076 shares of the industrial products company’s stock worth $7,030,000 after acquiring an additional 14,965 shares during the period. Finally, Jane Street Group LLC raised its holdings in AZZ by 185.9% in the 1st quarter. Jane Street Group LLC now owns 51,122 shares of the industrial products company’s stock valued at $4,274,000 after acquiring an additional 33,238 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

AZZ News Summary

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ reported adjusted EPS of $1.85 and revenue of $448.5 million, both above analyst forecasts, reinforcing that operating performance remains solid. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results
• Positive Sentiment: The company raised FY2027 guidance, calling for EPS of $6.75-$7.15 and revenue of $1.8 billion-$1.9 billion, suggesting management sees momentum continuing beyond the quarter. AZZ Inc. Reports Fiscal Year 2027 First Quarter Results
• Positive Sentiment: Results showed record quarterly sales in both Metal Coatings and Precoat Metals, with strong segment growth helping offset normalization in some margins and supporting the stock’s bullish reaction. AZZ Shines in Q1 on Metal Coatings Momentum, Boosts Outlook
• Neutral Sentiment: Media coverage has also highlighted AZZ as a stock in focus amid broader market futures moves and ongoing infrastructure-demand commentary, but these headlines are secondary to the earnings-driven catalyst. S&P 500, Nasdaq futures rise amid US-Iran strikes; Levi Strauss, AZZ, Ionis Pharma in focus
• Neutral Sentiment: Some commentary noted analysts remain neutral on AZZ, indicating valuation and expectations may still be balanced despite the better-than-expected quarter. Analysts Are Neutral on These Industrial Goods Stocks: TopBuild (BLD), AZZ (AZZ)

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.