DA Davidson Cuts Apogee Enterprises (NASDAQ:APOG) Price Target to $45.00

Apogee Enterprises (NASDAQ:APOG) had its target price cut by DA Davidson from $47.00 to $45.00 in a report issued 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’ Q2 2026 earnings at $0.73 EPS, FY2026 earnings at $3.56 EPS and FY2027 earnings at $3.79 EPS.

Separately, Wall Street Zen lowered Apogee Enterprises from a “buy” rating to a “hold” rating in a research report on Friday, April 25th.

Apogee Enterprises Trading Up 0.1%

Shares of APOG stock opened at $43.27 on Tuesday. Apogee Enterprises has a fifty-two week low of $37.53 and a fifty-two week high of $87.93. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.36 and a current ratio of 1.77. The stock’s fifty day moving average is $39.82 and its two-hundred day moving average is $48.17. The firm has a market capitalization of $933.23 million, a P/E ratio of 18.49 and a beta of 0.96.

Apogee Enterprises (NASDAQ:APOG) last issued its earnings results on Friday, June 27th. The industrial products company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $346.62 million during the quarter, compared to analysts’ expectations of $326.08 million. Apogee Enterprises had a net margin of 3.73% and a return on equity of 17.79%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.44 earnings per share. Research analysts expect that Apogee Enterprises will post 4.97 earnings per share for the current fiscal year.

Apogee Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Wednesday, July 16th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, July 16th. Apogee Enterprises’s dividend payout ratio is currently 26.80%.

Hedge Funds Weigh In On Apogee Enterprises

A number of institutional investors have recently bought and sold shares of APOG. New Age Alpha Advisors LLC acquired a new stake in shares of Apogee Enterprises during the 4th quarter worth approximately $40,000. Public Employees Retirement System of Ohio purchased a new position in Apogee Enterprises in the fourth quarter worth approximately $42,000. Financial Gravity Asset Management Inc. acquired a new stake in Apogee Enterprises during the first quarter worth $44,000. Meeder Asset Management Inc. acquired a new stake in Apogee Enterprises during the fourth quarter worth $57,000. Finally, Quarry LP raised its position in Apogee Enterprises by 3,991.1% in the first quarter. Quarry LP now owns 1,841 shares of the industrial products company’s stock valued at $85,000 after purchasing an additional 1,796 shares during the period. 94.05% of the stock is owned by hedge funds and other institutional investors.

Apogee Enterprises Company Profile

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).