Apogee Enterprises (NASDAQ:APOG) Price Target Raised to $65.00

Apogee Enterprises (NASDAQ:APOGFree Report) had its price target upped by DA Davidson from $60.00 to $65.00 in a report issued on Friday, Benzinga reports. DA Davidson currently has a neutral rating on the industrial products company’s stock. DA Davidson also issued estimates for Apogee Enterprises’ Q2 2025 earnings at $1.20 EPS and FY2025 earnings at $4.86 EPS.

Apogee Enterprises Stock Performance

Shares of APOG opened at $62.83 on Friday. Apogee Enterprises has a 1 year low of $41.01 and a 1 year high of $67.92. The company’s 50 day simple moving average is $63.45 and its 200 day simple moving average is $58.23. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 12.90 and a beta of 1.05. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.18 and a current ratio of 1.64.

Apogee Enterprises (NASDAQ:APOGGet Free Report) last posted its quarterly earnings data on Thursday, June 27th. The industrial products company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.28. The business had revenue of $331.50 million for the quarter, compared to analysts’ expectations of $333.22 million. Apogee Enterprises had a return on equity of 24.74% and a net margin of 7.72%. The business’s revenue was down 8.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.05 earnings per share. On average, sell-side analysts predict that Apogee Enterprises will post 4.86 EPS for the current year.

Apogee Enterprises Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Wednesday, July 10th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, July 10th. This represents a $1.00 dividend on an annualized basis and a yield of 1.59%. Apogee Enterprises’s payout ratio is 20.53%.

Insider Buying and Selling

In other Apogee Enterprises news, insider Troy R. Johnson sold 12,000 shares of Apogee Enterprises stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $61.06, for a total value of $732,720.00. Following the transaction, the insider now owns 33,433 shares in the company, valued at approximately $2,041,418.98. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Troy R. Johnson sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $61.06, for a total value of $732,720.00. Following the transaction, the insider now directly owns 33,433 shares in the company, valued at approximately $2,041,418.98. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Herbert K. Parker sold 15,728 shares of Apogee Enterprises stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $60.35, for a total value of $949,184.80. Following the completion of the transaction, the director now directly owns 8,636 shares in the company, valued at $521,182.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,252 shares of company stock valued at $4,786,214. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Apogee Enterprises

Institutional investors have recently bought and sold shares of the business. EMC Capital Management lifted its holdings in shares of Apogee Enterprises by 8.3% during the 1st quarter. EMC Capital Management now owns 5,817 shares of the industrial products company’s stock valued at $344,000 after acquiring an additional 447 shares in the last quarter. Comerica Bank lifted its stake in shares of Apogee Enterprises by 28.9% during the first quarter. Comerica Bank now owns 13,062 shares of the industrial products company’s stock worth $773,000 after purchasing an additional 2,925 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Apogee Enterprises by 1.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 22,772 shares of the industrial products company’s stock worth $1,349,000 after buying an additional 428 shares during the period. EntryPoint Capital LLC grew its stake in shares of Apogee Enterprises by 31.4% in the first quarter. EntryPoint Capital LLC now owns 929 shares of the industrial products company’s stock valued at $55,000 after buying an additional 222 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its holdings in shares of Apogee Enterprises by 7.9% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,964 shares of the industrial products company’s stock valued at $1,179,000 after buying an additional 1,459 shares during the period. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

About Apogee Enterprises

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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).

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