Sidoti Weighs in on Tecnoglass’ Q2 Earnings (NYSE:TGLS)

Tecnoglass Inc. (NYSE:TGLS) – Sidoti lowered their Q2 2026 earnings per share estimates for shares of Tecnoglass in a research report issued on Friday, April 10th. Sidoti analyst J. Romero now forecasts that the company will earn $0.50 per share for the quarter, down from their prior estimate of $0.88. Sidoti also issued estimates for Tecnoglass’ Q3 2026 earnings at $0.78 EPS and FY2026 earnings at $2.71 EPS.

Tecnoglass (NYSE:TGLS) last issued its earnings results on Thursday, February 26th. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.21). Tecnoglass had a return on equity of 23.05% and a net margin of 16.22%.The company had revenue of $245.30 million during the quarter. During the same period in the previous year, the firm posted $1.05 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year.

A number of other brokerages have also recently issued reports on TGLS. DA Davidson dropped their target price on Tecnoglass from $80.00 to $70.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Zacks Research cut Tecnoglass from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Tecnoglass in a report on Friday. Finally, B. Riley Financial dropped their target price on Tecnoglass from $70.00 to $65.00 and set a “buy” rating for the company in a report on Friday, March 6th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tecnoglass presently has a consensus rating of “Hold” and a consensus price target of $67.50.

Tecnoglass Trading Down 0.0%

Shares of TGLS opened at $45.73 on Tuesday. Tecnoglass has a 1 year low of $39.53 and a 1 year high of $90.34. The company has a current ratio of 1.86, a quick ratio of 1.25 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of $46.31 and a 200-day simple moving average of $51.22. The stock has a market cap of $2.05 billion, a PE ratio of 13.37, a PEG ratio of 0.62 and a beta of 1.55.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TGLS. Citigroup Inc. lifted its holdings in Tecnoglass by 445.3% during the third quarter. Citigroup Inc. now owns 526,061 shares of the company’s stock worth $35,199,000 after acquiring an additional 429,590 shares in the last quarter. American Century Companies Inc. lifted its holdings in Tecnoglass by 9.6% during the third quarter. American Century Companies Inc. now owns 1,022,101 shares of the company’s stock worth $68,389,000 after acquiring an additional 89,175 shares in the last quarter. Castleark Management LLC bought a new position in Tecnoglass during the second quarter worth about $3,060,000. Capital World Investors lifted its holdings in Tecnoglass by 6.2% during the third quarter. Capital World Investors now owns 1,794,272 shares of the company’s stock worth $120,055,000 after acquiring an additional 104,132 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in Tecnoglass by 3.1% during the third quarter. First Trust Advisors LP now owns 1,026,970 shares of the company’s stock worth $68,715,000 after acquiring an additional 30,834 shares in the last quarter. 37.35% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, major shareholder Holding Corp Energy acquired 107,629 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of $45.11 per share, for a total transaction of $4,855,144.19. Following the transaction, the insider owned 20,731,985 shares of the company’s stock, valued at approximately $935,219,843.35. This represents a 0.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Anne Louise Carricarte acquired 1,100 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $43.27 per share, for a total transaction of $47,597.00. Following the completion of the transaction, the director directly owned 1,100 shares in the company, valued at approximately $47,597. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 522,995 shares of company stock worth $22,912,205 over the last quarter. Corporate insiders own 0.06% of the company’s stock.

Tecnoglass Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, March 31st. Tecnoglass’s dividend payout ratio (DPR) is presently 17.54%.

About Tecnoglass

Tecnoglass, Inc is a vertically integrated designer, manufacturer and distributor of architectural glass, windows and aluminum products for the construction industry. The company’s product portfolio includes tempered, laminated and insulated glass units, high‐performance aluminum windows, curtainwall systems and storefront solutions tailored to commercial, residential and institutional projects.

Established in 1994 as a family‐run enterprise in Barranquilla, Colombia, Tecnoglass has grown through significant investments in automated production lines, research and development, and international quality certifications.