DA Davidson Raises Apogee Enterprises (NASDAQ:APOG) Price Target to $75.00

Apogee Enterprises (NASDAQ:APOG) had its price objective boosted by DA Davidson from $65.00 to $75.00 in a report issued on Tuesday morning, Benzinga reports. DA Davidson currently has 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 lowered Apogee Enterprises from a strong-buy rating to a buy rating in a research report on Monday.

Apogee Enterprises Stock Performance

Apogee Enterprises stock opened at $77.05 on Tuesday. The firm has a fifty day simple moving average of $66.55 and a two-hundred day simple moving average of $63.80. The company has a quick ratio of 1.29, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. Apogee Enterprises has a twelve month low of $41.01 and a twelve month high of $86.22. The company has a market capitalization of $1.69 billion, a PE ratio of 15.82 and a beta of 0.98.

Apogee Enterprises (NASDAQ:APOG) last released its quarterly earnings data on Friday, October 4th. The industrial products company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.21. The firm had revenue of $342.40 million during the quarter, compared to analyst estimates of $335.31 million. Apogee Enterprises had a return on equity of 24.74% and a net margin of 7.72%. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.36 earnings per share. Research analysts expect that Apogee Enterprises will post 4.86 EPS for the current year.

Apogee Enterprises Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Brent C. Jewell sold 5,000 shares of Apogee Enterprises stock in a transaction that occurred 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 directly owns 23,405 shares in the company, valued at approximately $1,505,877.70. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Apogee Enterprises

Several institutional investors and hedge funds have recently modified their holdings of APOG. GAMMA Investing LLC grew its position in Apogee Enterprises by 43.2% during the 3rd quarter. GAMMA Investing LLC now owns 540 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 163 shares during the last quarter. Headlands Technologies LLC grew its holdings in shares of Apogee Enterprises by 340.8% during the first quarter. Headlands Technologies LLC now owns 767 shares of the industrial products company’s stock valued at $45,000 after buying an additional 593 shares during the last quarter. Quarry LP grew its holdings in shares of Apogee Enterprises by 959.4% during the second quarter. Quarry LP now owns 731 shares of the industrial products company’s stock valued at $46,000 after buying an additional 662 shares during the last quarter. EntryPoint Capital LLC increased its position in shares of Apogee Enterprises by 31.4% during the first quarter. EntryPoint Capital LLC now owns 929 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 222 shares in the last quarter. Finally, CWM LLC raised its holdings in Apogee Enterprises by 290.6% in the 2nd quarter. CWM LLC now owns 957 shares of the industrial products company’s stock worth $60,000 after acquiring an additional 712 shares during the last quarter. 94.05% of the stock is currently owned by 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).