Voya Investment Management LLC Has $5.26 Million Holdings in Apogee Enterprises, Inc. $APOG

Voya Investment Management LLC boosted its holdings in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) by 29.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 113,571 shares of the industrial products company’s stock after buying an additional 25,514 shares during the quarter. Voya Investment Management LLC owned approximately 0.53% of Apogee Enterprises worth $5,262,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. acquired a new position in Apogee Enterprises during the first quarter valued at approximately $691,000. Dynamic Technology Lab Private Ltd acquired a new position in Apogee Enterprises during the first quarter valued at approximately $596,000. SG Americas Securities LLC acquired a new position in Apogee Enterprises during the first quarter valued at approximately $280,000. Janney Montgomery Scott LLC raised its position in Apogee Enterprises by 18.5% during the first quarter. Janney Montgomery Scott LLC now owns 29,914 shares of the industrial products company’s stock valued at $1,386,000 after purchasing an additional 4,680 shares in the last quarter. Finally, PharVision Advisers LLC acquired a new position in Apogee Enterprises during the first quarter valued at approximately $268,000. Institutional investors own 94.05% of the company’s stock.

Apogee Enterprises Trading Up 3.1%

NASDAQ APOG opened at $42.59 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.36 and a current ratio of 1.77. The company has a market capitalization of $916.96 million, a price-to-earnings ratio of 18.20 and a beta of 1.05. The company’s 50-day simple moving average is $42.70 and its two-hundred day simple moving average is $42.74. Apogee Enterprises, Inc. has a one year low of $37.53 and a one year high of $87.93.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings data on Friday, June 27th. The industrial products company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.11. Apogee Enterprises had a net margin of 3.73% and a return on equity of 17.79%. The firm had revenue of $346.62 million for the quarter, compared to the consensus estimate of $326.08 million. During the same quarter in the previous year, the firm earned $1.44 EPS. The company’s quarterly revenue 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. Equities analysts forecast that Apogee Enterprises, Inc. will post 4.97 EPS for the current fiscal year.

Apogee Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders 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 2.4%. The ex-dividend date was Wednesday, July 16th. Apogee Enterprises’s payout ratio is presently 44.44%.

Analyst Upgrades and Downgrades

APOG has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Apogee Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. DA Davidson lowered 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 research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $45.00.

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).