Apogee Enterprises (NASDAQ:APOG) Price Target Increased to $75.00 by Analysts at DA Davidson

Apogee Enterprises (NASDAQ:APOG) had its price target raised by DA Davidson from $65.00 to $75.00 in a report released on Tuesday, Benzinga reports. They currently have a neutral rating on the industrial products company’s stock. DA Davidson also issued estimates for Apogee Enterprises’ Q3 2025 earnings at $1.14 EPS, FY2025 earnings at $5.06 EPS and FY2026 earnings at $4.69 EPS.

Separately, StockNews.com cut shares of Apogee Enterprises from a strong-buy rating to a buy rating in a research note on Monday.

Apogee Enterprises Stock Performance

APOG opened at $77.05 on Tuesday. The company’s 50 day moving average is $66.55 and its 200 day moving average is $63.80. The company has a current ratio of 1.64, a quick ratio of 1.29 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 15.82 and a beta of 0.98. Apogee Enterprises has a 12-month low of $41.01 and a 12-month high of $86.22.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings results on Friday, October 4th. The industrial products company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.21. Apogee Enterprises had a net margin of 7.72% and a return on equity of 24.74%. The business had revenue of $342.40 million for the quarter, compared to analysts’ expectations of $335.31 million. During the same quarter last year, the company posted $1.36 EPS. The company’s revenue was down 3.2% compared to the same quarter last year. On average, equities research analysts predict that Apogee Enterprises will post 4.86 EPS for the current year.

Apogee Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Tuesday, October 22nd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.30%. Apogee Enterprises’s dividend payout ratio is presently 20.53%.

Insider Buying and Selling at Apogee Enterprises

In related news, insider Brent C. Jewell sold 5,000 shares of the company’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $64.34, for a total transaction of $321,700.00. Following the completion of the transaction, the insider now owns 23,405 shares in the company, valued at approximately $1,505,877.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Apogee Enterprises

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in Apogee Enterprises during the 1st quarter valued at approximately $747,000. Acadian Asset Management LLC bought a new stake in Apogee Enterprises in the second quarter worth $3,547,000. Vanguard Group Inc. increased its position in Apogee Enterprises by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 3,097,343 shares of the industrial products company’s stock worth $165,429,000 after purchasing an additional 53,484 shares during the last quarter. Renaissance Technologies LLC raised its stake in Apogee Enterprises by 1,004.1% during the second quarter. Renaissance Technologies LLC now owns 72,683 shares of the industrial products company’s stock valued at $4,567,000 after purchasing an additional 66,100 shares in the last quarter. Finally, Quest Partners LLC lifted its position in Apogee Enterprises by 115,311.1% during the second quarter. Quest Partners LLC now owns 10,387 shares of the industrial products company’s stock valued at $653,000 after purchasing an additional 10,378 shares during the last quarter. 94.05% of the stock is owned by institutional investors.

About Apogee Enterprises

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).