Apogee Enterprises, Inc. $APOG Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lowered its stake in Apogee Enterprises, Inc. (NASDAQ:APOG) by 50.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 16,634 shares of the industrial products company’s stock after selling 16,696 shares during the period. Tudor Investment Corp ET AL owned 0.08% of Apogee Enterprises worth $725,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Millennium Management LLC lifted its holdings in Apogee Enterprises by 1,074.3% during the 1st quarter. Millennium Management LLC now owns 320,220 shares of the industrial products company’s stock worth $14,836,000 after buying an additional 292,952 shares during the last quarter. Deprince Race & Zollo Inc. lifted its stake in Apogee Enterprises by 97.1% during the third quarter. Deprince Race & Zollo Inc. now owns 500,428 shares of the industrial products company’s stock worth $21,804,000 after purchasing an additional 246,529 shares during the last quarter. TrueMark Investments LLC bought a new position in Apogee Enterprises during the third quarter worth $6,335,000. Russell Investments Group Ltd. boosted its holdings in Apogee Enterprises by 672.3% in the third quarter. Russell Investments Group Ltd. now owns 106,584 shares of the industrial products company’s stock worth $4,644,000 after purchasing an additional 92,784 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in Apogee Enterprises by 55.5% during the second quarter. Qube Research & Technologies Ltd now owns 243,566 shares of the industrial products company’s stock valued at $9,889,000 after purchasing an additional 86,971 shares during the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.

Analyst Ratings Changes

APOG has been the topic of a number of research reports. DA Davidson set a $46.00 target price on shares of Apogee Enterprises in a report on Friday, January 9th. Weiss Ratings downgraded shares of Apogee Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, January 21st. Stephens assumed coverage on shares of Apogee Enterprises in a report on Tuesday, December 16th. They issued an “overweight” rating and a $95.00 target price on the stock. Finally, Zacks Research raised Apogee Enterprises from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $70.50.

Apogee Enterprises Stock Up 3.4%

APOG stock opened at $33.54 on Wednesday. The company has a quick ratio of 1.45, a current ratio of 1.90 and a debt-to-equity ratio of 0.50. Apogee Enterprises, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $49.99. The firm’s 50-day simple moving average is $37.44 and its 200 day simple moving average is $37.98. The stock has a market cap of $721.45 million, a PE ratio of 18.13 and a beta of 1.08.

Apogee Enterprises (NASDAQ:APOG) last posted its earnings results on Wednesday, January 7th. The industrial products company reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.01). The firm had revenue of $348.56 million for the quarter, compared to analyst estimates of $355.29 million. Apogee Enterprises had a net margin of 2.86% and a return on equity of 15.02%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.19 earnings per share. Apogee Enterprises has set its FY 2026 guidance at 3.4-3.500 EPS. As a group, sell-side analysts predict that Apogee Enterprises, Inc. will post 4.97 EPS for the current year.

Apogee Enterprises Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Tuesday, February 3rd were given a $0.27 dividend. The ex-dividend date was Tuesday, February 3rd. This represents a $1.08 annualized dividend and a yield of 3.2%. This is an increase from Apogee Enterprises’s previous quarterly dividend of $0.26. Apogee Enterprises’s payout ratio is 58.38%.

About Apogee Enterprises

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.