Apogee Enterprises, Inc. $APOG Shares Acquired by Grace & White Inc. NY

Grace & White Inc. NY lifted its holdings in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) by 14.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 128,572 shares of the industrial products company’s stock after purchasing an additional 16,100 shares during the quarter. Grace & White Inc. NY owned about 0.60% of Apogee Enterprises worth $4,312,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in Apogee Enterprises during the 2nd quarter worth approximately $38,000. Hantz Financial Services Inc. boosted its position in Apogee Enterprises by 79.5% in the 4th quarter. Hantz Financial Services Inc. now owns 1,255 shares of the industrial products company’s stock valued at $46,000 after buying an additional 556 shares during the period. PNC Financial Services Group Inc. boosted its position in Apogee Enterprises by 46.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,996 shares of the industrial products company’s stock valued at $87,000 after buying an additional 637 shares during the period. BNP Paribas Financial Markets boosted its position in Apogee Enterprises by 45.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,174 shares of the industrial products company’s stock valued at $88,000 after buying an additional 684 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in shares of Apogee Enterprises by 396.4% in the second quarter. Tower Research Capital LLC TRC now owns 3,569 shares of the industrial products company’s stock worth $145,000 after acquiring an additional 2,850 shares in the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Analyst Ratings Changes

APOG has been the topic of a number of recent research reports. Wall Street Zen raised Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Apogee Enterprises in a report on Monday, April 20th. Finally, Zacks Research raised Apogee Enterprises from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $70.50.

Apogee Enterprises News Summary

Here are the key news stories impacting Apogee Enterprises this week:

• Positive Sentiment: Apogee posted adjusted EPS of $0.57, well above the $0.43 consensus estimate, while revenue of $342.68 million also topped forecasts. Apogee Enterprises Reports Fiscal 2027 First Quarter Results
• Positive Sentiment: The company swung to profitability versus a loss in the same quarter last year, signaling improved operating performance. Apogee Enterprises Stock Jumps on Swing to 1Q Profit
• Positive Sentiment: Apogee raised its FY2027 outlook, guiding EPS to $2.70-$3.25 and revenue to roughly $1.38 billion-$1.43 billion, which supports the view that momentum may continue. Apogee outlines FY2027 sales of $1.38B-$1.43B while adding Kalwall at ~$85M revenue run-rate
• Neutral Sentiment: The board also declared a quarterly cash dividend of $0.27 per share, reinforcing shareholder returns but not likely the main driver of the stock move. Apogee Enterprises Declares Quarterly Cash Dividend
• Neutral Sentiment: Revenue was still down 1.1% year over year, so investors may be watching for stronger top-line growth in coming quarters. Apogee Enterprises (APOG) Beats Q1 Earnings and Revenue Estimates

Apogee Enterprises Stock Up 15.2%

Shares of NASDAQ:APOG opened at $48.92 on Friday. Apogee Enterprises, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $50.88. The firm’s 50 day moving average price is $37.63 and its 200 day moving average price is $37.28. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.45. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 1.23 and a beta of 1.18.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings results on Friday, June 26th. The industrial products company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14. Apogee Enterprises had a net margin of 3.85% and a return on equity of 14.89%. The company had revenue of $342.68 million during the quarter, compared to analysts’ expectations of $333.84 million. During the same quarter in the previous year, the business posted ($0.13) EPS. The firm’s revenue was down 1.1% on a year-over-year basis. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS. As a group, equities research analysts predict that Apogee Enterprises, Inc. will post 2.88 earnings per share for the current fiscal year.

Apogee Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Tuesday, July 14th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, July 14th. Apogee Enterprises’s payout ratio is 42.86%.

Apogee Enterprises Profile

Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.

Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.