Apogee Enterprises (NASDAQ:APOG) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Apogee Enterprises (NASDAQ:APOG) issued its quarterly earnings results on Wednesday. The industrial products company reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.01), FiscalAI reports. Apogee Enterprises had a return on equity of 15.76% and a net margin of 3.19%.The business had revenue of $348.56 million during the quarter, compared to analyst estimates of $355.29 million. Apogee Enterprises updated its FY 2026 guidance to 3.4-3.500 EPS.

Apogee Enterprises Stock Performance

Shares of NASDAQ APOG opened at $37.29 on Wednesday. The company has a market capitalization of $802.11 million, a PE ratio of 18.28 and a beta of 1.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.37 and a current ratio of 1.76. The company’s fifty day moving average price is $36.71 and its 200 day moving average price is $40.25. Apogee Enterprises has a 1 year low of $32.77 and a 1 year high of $65.50.

Apogee Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Stockholders of record on Wednesday, October 29th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, October 29th. Apogee Enterprises’s payout ratio is 50.98%.

Institutional Investors Weigh In On Apogee Enterprises

Institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Apogee Enterprises during the second quarter worth approximately $38,000. BNP Paribas Financial Markets grew its holdings in shares of 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 buying an additional 684 shares in the last quarter. Tower Research Capital LLC TRC raised its position 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 valued at $145,000 after buying an additional 2,850 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of 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 worth $210,000 after buying an additional 537 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in Apogee Enterprises by 850.0% during the second quarter. Canada Pension Plan Investment Board now owns 5,700 shares of the industrial products company’s stock worth $231,000 after acquiring an additional 5,100 shares during the last quarter. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on APOG. Weiss Ratings reissued a “hold (c)” rating on shares of Apogee Enterprises in a research report on Thursday, October 30th. DA Davidson raised Apogee Enterprises from a “neutral” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Monday, November 17th. Wall Street Zen upgraded Apogee Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Stephens initiated coverage on Apogee Enterprises in a research report on Tuesday, December 16th. They issued an “overweight” rating and a $95.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $71.00.

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.