25,000 Shares in Apogee Enterprises, Inc. $APOG Bought by Ishara Investments LP

Ishara Investments LP purchased a new position in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 25,000 shares of the industrial products company’s stock, valued at approximately $910,000. Ishara Investments LP owned 0.12% of Apogee Enterprises at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Apogee Enterprises during the second quarter worth $38,000. Hantz Financial Services Inc. lifted its holdings in shares of Apogee Enterprises by 79.5% during the fourth quarter. Hantz Financial Services Inc. now owns 1,255 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 556 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Apogee Enterprises by 46.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,996 shares of the industrial products company’s stock worth $87,000 after purchasing an additional 637 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of Apogee Enterprises by 45.9% during the second quarter. BNP Paribas Financial Markets now owns 2,174 shares of the industrial products company’s stock worth $88,000 after purchasing an additional 684 shares during the period. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Apogee Enterprises by 396.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,569 shares of the industrial products company’s stock worth $145,000 after purchasing an additional 2,850 shares during the period. 94.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

APOG has been the subject of several recent research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Apogee Enterprises in a report on Monday, April 20th. Zacks Research raised Apogee Enterprises from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Apogee Enterprises currently has a consensus rating of “Hold” and an average price target of $70.50.

Apogee Enterprises Trading Down 0.6%

NASDAQ:APOG opened at $39.89 on Thursday. The company has a market capitalization of $851.65 million, a PE ratio of 15.83, a price-to-earnings-growth ratio of 1.16 and a beta of 1.18. The stock has a fifty day simple moving average of $36.64 and a 200-day simple moving average of $37.02. Apogee Enterprises, Inc. has a 52-week low of $30.75 and a 52-week high of $49.99. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.45.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings data on Friday, April 24th. The industrial products company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The firm had revenue of $351.35 million during the quarter, compared to analysts’ expectations of $335.98 million. Apogee Enterprises had a return on equity of 14.89% and a net margin of 3.85%.The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 EPS. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS. On average, equities research analysts expect that Apogee Enterprises, Inc. will post 2.88 earnings per share for the current fiscal year.

Apogee Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.27 per share. The ex-dividend date was Wednesday, May 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.7%. Apogee Enterprises’s payout ratio is presently 42.86%.

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.