AZZ Inc. announces dual listing on NYSE Texas

Published 06/08/2025, 17:02
AZZ Inc. announces dual listing on NYSE Texas

FORT WORTH, Texas - AZZ Inc. (NYSE:AZZ), a provider of hot-dip galvanizing and coil coating solutions in North America with a market capitalization of $3.24 billion, announced Wednesday its dual listing on NYSE Texas, a new electronic equities exchange based in Dallas. The company’s stock has shown remarkable strength, delivering a 33% return year-to-date according to InvestingPro data.

The company, which has been publicly traded on the New York Stock Exchange for nearly three decades and maintains a GREAT financial health score according to InvestingPro analysis, will maintain its primary NYSE listing while adding the NYSE Texas listing.

"AZZ has been publicly traded on the NYSE for almost three decades and has been based in Texas since its incorporation in 1956," said Tom Ferguson, AZZ’s President and Chief Executive Officer, in a press release statement.

AZZ, headquartered in Fort Worth, joins as a Founding Member of NYSE Texas. The company has maintained its Texas roots since its incorporation in 1956, positioning it to serve the state’s growing economy.

Chris Taylor, Chief Development Officer of NYSE Group, acknowledged the addition of AZZ to the NYSE Texas community, noting the company’s position as a leading hot-dip galvanizing and coil coating company based in Fort Worth.

AZZ provides metal coating solutions that enhance the longevity and appearance of buildings, products and infrastructure. The company’s services are utilized across multiple end-markets throughout North America.

The NYSE Texas is a new, fully electronic equities exchange located in Dallas, expanding the NYSE Group’s presence beyond its traditional New York operations.

In other recent news, AZZ Incorporated reported its first-quarter earnings for fiscal year 2026, showcasing a notable earnings per share (EPS) performance. The company achieved an EPS of $1.78, surpassing the forecasted $1.56, which represents a 14.1% surprise. However, its revenue did not meet expectations, totaling $422 million compared to the projected $433.45 million, marking a 2.64% shortfall. Following these results, Noble Capital raised its price target for AZZ to $125 from the previous $112, while maintaining an Outperform rating. This adjustment reflects the strong earnings performance despite the revenue miss. These developments indicate a positive outlook from Noble Capital, based on AZZ’s financial performance. These recent developments are crucial for investors monitoring AZZ’s financial trajectory.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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