DA Davidson Raises Apogee Enterprises (NASDAQ:APOG) Price Target to $75.00

Apogee Enterprises (NASDAQ:APOG) had its price target upped by DA Davidson from $65.00 to $75.00 in a research note released on Tuesday morning, Benzinga reports. DA Davidson currently has a neutral rating on the industrial products company’s stock. DA Davidson also issued estimates for Apogee Enterprises’ Q3 2025 earnings at $1.14 EPS, FY2025 earnings at $5.06 EPS and FY2026 earnings at $4.69 EPS.

Separately, StockNews.com lowered Apogee Enterprises from a strong-buy rating to a buy rating in a report on Monday, October 7th.

Apogee Enterprises Stock Up 1.5 %

APOG opened at $78.22 on Tuesday. Apogee Enterprises has a fifty-two week low of $41.01 and a fifty-two week high of $86.22. The business has a 50-day moving average of $66.84 and a 200-day moving average of $63.93. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.65 and a quick ratio of 1.32. The company has a market capitalization of $1.72 billion, a PE ratio of 16.06 and a beta of 0.98.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings results on Friday, October 4th. The industrial products company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.21. The company had revenue of $342.40 million during the quarter, compared to the consensus estimate of $335.31 million. Apogee Enterprises had a return on equity of 24.12% and a net margin of 7.58%. The business’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period last year, the business earned $1.36 EPS. Equities research analysts forecast that Apogee Enterprises will post 5.06 EPS for the current fiscal year.

Apogee Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Tuesday, October 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Tuesday, October 22nd. Apogee Enterprises’s dividend payout ratio is 20.53%.

Insider Activity

In other news, insider Brent C. Jewell sold 5,000 shares of the stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $64.34, for a total transaction of $321,700.00. Following the transaction, the insider now owns 23,405 shares of the company’s stock, valued at approximately $1,505,877.70. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.00% of the stock is currently owned by insiders.

Institutional Trading of Apogee Enterprises

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APOG. Pacer Advisors Inc. lifted its position in shares of Apogee Enterprises by 15.5% in the 2nd quarter. Pacer Advisors Inc. now owns 917,000 shares of the industrial products company’s stock worth $57,620,000 after acquiring an additional 122,811 shares during the period. American Century Companies Inc. lifted its position in shares of Apogee Enterprises by 23.2% in the 2nd quarter. American Century Companies Inc. now owns 528,769 shares of the industrial products company’s stock worth $33,225,000 after acquiring an additional 99,495 shares during the period. Renaissance Technologies LLC lifted its position in shares of Apogee Enterprises by 1,004.1% in the 2nd quarter. Renaissance Technologies LLC now owns 72,683 shares of the industrial products company’s stock worth $4,567,000 after acquiring an additional 66,100 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Apogee Enterprises in the 2nd quarter worth approximately $3,547,000. Finally, Vanguard Group Inc. lifted its position in shares of Apogee Enterprises by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 3,097,343 shares of the industrial products company’s stock worth $165,429,000 after acquiring an additional 53,484 shares during the period. Institutional investors and hedge funds own 94.05% of the company’s stock.

About Apogee Enterprises

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).