Apogee Enterprises, Inc. $APOG Stock Holdings Increased by Baird Financial Group Inc.

Baird Financial Group Inc. lifted its position in Apogee Enterprises, Inc. (NASDAQ:APOG) by 14.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,348 shares of the industrial products company’s stock after acquiring an additional 2,755 shares during the period. Baird Financial Group Inc. owned about 0.10% of Apogee Enterprises worth $989,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in shares of Apogee Enterprises in the fourth quarter worth $42,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Apogee Enterprises in the first quarter worth $44,000. Johnson Investment Counsel Inc. boosted its position in shares of Apogee Enterprises by 16.7% in the first quarter. Johnson Investment Counsel Inc. now owns 4,633 shares of the industrial products company’s stock worth $215,000 after buying an additional 663 shares during the period. Entropy Technologies LP acquired a new stake in shares of Apogee Enterprises in the first quarter worth $255,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Apogee Enterprises in the first quarter worth $280,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on APOG shares. Wall Street Zen upgraded shares of Apogee Enterprises from a “hold” rating to a “buy” rating in a report on Friday, September 5th. DA Davidson decreased their price target on shares of Apogee Enterprises from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Tuesday, July 1st. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Apogee Enterprises has an average rating of “Moderate Buy” and a consensus target price of $45.00.

Apogee Enterprises Price Performance

Shares of NASDAQ:APOG opened at $41.56 on Wednesday. Apogee Enterprises, Inc. has a fifty-two week low of $37.53 and a fifty-two week high of $87.93. The business has a 50-day moving average of $42.82 and a two-hundred day moving average of $42.97. The stock has a market capitalization of $894.79 million, a P/E ratio of 17.76 and a beta of 1.05. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.77 and a quick ratio of 1.36.

Apogee Enterprises (NASDAQ:APOG) last announced its quarterly earnings results on Friday, June 27th. The industrial products company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.45 by $0.11. Apogee Enterprises had a return on equity of 17.79% and a net margin of 3.73%.The company had revenue of $346.62 million for the quarter, compared to the consensus estimate of $326.08 million. During the same quarter last year, the company posted $1.44 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. Apogee Enterprises has set its FY 2026 guidance at 3.800-4.200 EPS. On average, equities research analysts predict that Apogee Enterprises, Inc. will post 4.97 EPS for the current fiscal year.

Apogee Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Wednesday, July 16th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, July 16th. Apogee Enterprises’s payout ratio is currently 44.44%.

Apogee Enterprises Company Profile

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).