Apogee Enterprises (NASDAQ:APOG) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Apogee Enterprises, Inc. (NASDAQ:APOG) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $39.48 and traded as high as $41.13. Apogee Enterprises shares last traded at $39.91, with a volume of 135,600 shares changing hands.

Wall Street Analyst Weigh In

APOG has been the subject of a number of recent analyst reports. Stephens assumed coverage on Apogee Enterprises in a research report on Tuesday, December 16th. They issued an “overweight” rating and a $95.00 target price on the stock. Zacks Research cut Apogee Enterprises from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Weiss Ratings downgraded Apogee Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, January 21st. DA Davidson set a $46.00 price target on shares of Apogee Enterprises in a report on Friday, January 9th. Finally, Wall Street Zen raised shares of Apogee Enterprises from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Two analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Apogee Enterprises currently has an average rating of “Hold” and an average price target of $70.50.

Apogee Enterprises Price Performance

The company has a quick ratio of 1.45, a current ratio of 1.90 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $858.46 million, a price-to-earnings ratio of 21.57 and a beta of 1.11. The stock’s 50-day simple moving average is $38.44 and its two-hundred day simple moving average is $39.48.

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

Apogee Enterprises Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Tuesday, February 3rd were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.7%. This is an increase from Apogee Enterprises’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Tuesday, February 3rd. Apogee Enterprises’s dividend payout ratio is presently 58.38%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Invesco Ltd. increased its position in shares of Apogee Enterprises by 9.9% during the 4th quarter. Invesco Ltd. now owns 151,526 shares of the industrial products company’s stock worth $5,517,000 after purchasing an additional 13,649 shares during the last quarter. Summit Global Investments boosted its stake in Apogee Enterprises by 37.0% during the fourth quarter. Summit Global Investments now owns 17,566 shares of the industrial products company’s stock worth $640,000 after buying an additional 4,745 shares during the period. Vident Advisory LLC boosted its stake in Apogee Enterprises by 18.2% during the fourth quarter. Vident Advisory LLC now owns 15,218 shares of the industrial products company’s stock worth $554,000 after buying an additional 2,344 shares during the period. State of Tennessee Department of Treasury increased its position in shares of Apogee Enterprises by 40.2% during the fourth quarter. State of Tennessee Department of Treasury now owns 14,712 shares of the industrial products company’s stock valued at $546,000 after acquiring an additional 4,218 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of Apogee Enterprises in the 4th quarter valued at approximately $206,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

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.