Apogee Enterprises (NASDAQ:APOG – Get Free Report) posted its quarterly earnings results on Friday. The industrial products company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14, Zacks reports. Apogee Enterprises had a net margin of 3.85% and a return on equity of 14.89%. Apogee Enterprises updated its FY 2027 guidance to 2.700-3.250 EPS.
Apogee Enterprises Stock Performance
NASDAQ:APOG opened at $42.48 on Friday. Apogee Enterprises has a 12 month low of $30.75 and a 12 month high of $49.99. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.65 and a quick ratio of 1.28. The firm has a market capitalization of $906.95 million, a PE ratio of 16.86, a price-to-earnings-growth ratio of 1.22 and a beta of 1.18. The business’s fifty day moving average price is $37.35 and its 200 day moving average price is $37.20.
Apogee Enterprises Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Tuesday, July 14th will be paid a dividend of $0.27 per share. The ex-dividend date is Tuesday, July 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.5%. Apogee Enterprises’s payout ratio is presently 42.86%.
Analyst Ratings Changes
View Our Latest Analysis on APOG
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in APOG. Man Group plc lifted its stake in Apogee Enterprises by 7.1% during the second quarter. Man Group plc now owns 6,267 shares of the industrial products company’s stock worth $254,000 after purchasing an additional 418 shares during the last quarter. Lazard Asset Management LLC increased its stake in Apogee Enterprises by 11.5% in the second quarter. Lazard Asset Management LLC now owns 5,212 shares of the industrial products company’s stock valued at $210,000 after purchasing an additional 537 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Apogee Enterprises by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,992 shares of the industrial products company’s stock worth $602,000 after purchasing an additional 556 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Apogee Enterprises by 45.9% during the second quarter. BNP Paribas Financial Markets now owns 2,174 shares of the industrial products company’s stock worth $88,000 after purchasing an additional 684 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Apogee Enterprises during the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.
Apogee Enterprises Company 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.
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