Apogee Enterprises, Inc. $APOG Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its position in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) by 46.8% in the first quarter, Holdings Channel reports. The firm owned 478,904 shares of the industrial products company’s stock after selling 421,040 shares during the period. Segall Bryant & Hamill LLC’s holdings in Apogee Enterprises were worth $16,062,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APOG. Deprince Race & Zollo Inc. lifted its position in Apogee Enterprises by 70.3% during the fourth quarter. Deprince Race & Zollo Inc. now owns 852,351 shares of the industrial products company’s stock valued at $31,034,000 after buying an additional 351,923 shares in the last quarter. Gabelli Funds LLC increased its position in shares of Apogee Enterprises by 427.3% in the first quarter. Gabelli Funds LLC now owns 53,852 shares of the industrial products company’s stock worth $1,806,000 after acquiring an additional 43,639 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Apogee Enterprises by 6.8% in the fourth quarter. Vanguard Group Inc. now owns 2,627,223 shares of the industrial products company’s stock worth $95,657,000 after acquiring an additional 166,402 shares in the last quarter. Bruce & Co. Inc. purchased a new position in shares of Apogee Enterprises in the 1st quarter valued at $1,677,000. Finally, Ishara Investments LP purchased a new position in shares of Apogee Enterprises in the 4th quarter valued at $910,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Analyst Upgrades and Downgrades

APOG has been the topic of several recent research reports. Zacks Research upgraded shares of Apogee Enterprises from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded Apogee Enterprises from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Finally, Weiss Ratings raised Apogee Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $70.50.

Apogee Enterprises Stock Down 0.7%

NASDAQ APOG opened at $39.60 on Friday. The stock has a market cap of $826.45 million, a PE ratio of 12.41, a P/E/G ratio of 1.11 and a beta of 1.13. Apogee Enterprises, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $50.88. The business has a 50 day moving average price of $40.00 and a two-hundred day moving average price of $37.77. The company has a quick ratio of 1.34, a current ratio of 1.76 and a debt-to-equity ratio of 0.46.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings data on Friday, June 26th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.14. The company had revenue of $342.68 million during the quarter, compared to the consensus estimate of $333.84 million. Apogee Enterprises had a net margin of 4.88% and a return on equity of 14.72%. Apogee Enterprises’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter last year, the company earned ($0.13) earnings per share. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS. As a group, sell-side analysts predict that Apogee Enterprises, Inc. will post 2.96 EPS for the current fiscal year.

Apogee Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 14th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, July 14th. Apogee Enterprises’s dividend payout ratio (DPR) is presently 33.86%.

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.