Bailard Inc. Takes $684,000 Position in Apogee Enterprises, Inc. $APOG

Bailard Inc. purchased a new stake in Apogee Enterprises, Inc. (NASDAQ:APOG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,700 shares of the industrial products company’s stock, valued at approximately $684,000. Bailard Inc. owned approximately 0.07% of Apogee Enterprises as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APOG. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Apogee Enterprises by 7.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,241 shares of the industrial products company’s stock valued at $268,000 after purchasing an additional 406 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Apogee Enterprises by 751.0% during the third quarter. Nisa Investment Advisors LLC now owns 13,974 shares of the industrial products company’s stock valued at $609,000 after buying an additional 12,332 shares during the period. SG Americas Securities LLC lifted its stake in Apogee Enterprises by 24.8% in the 3rd quarter. SG Americas Securities LLC now owns 27,151 shares of the industrial products company’s stock worth $1,183,000 after acquiring an additional 5,392 shares in the last quarter. Deprince Race & Zollo Inc. boosted its position in Apogee Enterprises by 97.1% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 500,428 shares of the industrial products company’s stock worth $21,804,000 after acquiring an additional 246,529 shares during the period. Finally, CWM LLC increased its holdings in shares of Apogee Enterprises by 25.3% in the 3rd quarter. CWM LLC now owns 3,070 shares of the industrial products company’s stock valued at $134,000 after purchasing an additional 619 shares during the period. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

Apogee Enterprises Trading Down 2.0%

Shares of NASDAQ:APOG opened at $38.86 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $835.88 million, a PE ratio of 21.01 and a beta of 1.08. Apogee Enterprises, Inc. has a 1 year low of $30.75 and a 1 year high of $56.10. The firm has a fifty day moving average price of $37.04 and a 200 day moving average price of $39.82.

Apogee Enterprises (NASDAQ:APOG) last announced its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.01). The company had revenue of $348.56 million during the quarter, compared to analyst estimates of $355.29 million. Apogee Enterprises had a return on equity of 15.02% and a net margin of 2.86%.Apogee Enterprises’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.19 EPS. Apogee Enterprises has set its FY 2026 guidance at 3.4-3.500 EPS. Analysts expect that Apogee Enterprises, Inc. will post 4.97 EPS for the current fiscal year.

Apogee Enterprises Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Shareholders of record on Tuesday, February 3rd will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, February 3rd. This is an increase from Apogee Enterprises’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 2.8%. Apogee Enterprises’s dividend payout ratio (DPR) is currently 56.22%.

Analysts Set New Price Targets

APOG has been the subject of several research reports. DA Davidson set a $46.00 price target on shares of Apogee Enterprises in a report on Friday, January 9th. Weiss Ratings lowered shares of Apogee Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Wall Street Zen raised shares of Apogee Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Stephens initiated coverage on Apogee Enterprises in a report on Tuesday, December 16th. They set an “overweight” rating and a $95.00 price objective for the company. Finally, Zacks Research cut Apogee Enterprises from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $70.50.

Apogee Enterprises 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.