Apogee Enterprises, Inc. $APOG Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lowered its stake in Apogee Enterprises, Inc. (NASDAQ:APOG) by 50.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,634 shares of the industrial products company’s stock after selling 16,696 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Apogee Enterprises were worth $725,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APOG. Royal Bank of Canada raised its position in shares of Apogee Enterprises by 40.3% during the 1st quarter. Royal Bank of Canada now owns 8,515 shares of the industrial products company’s stock worth $395,000 after buying an additional 2,447 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Apogee Enterprises by 24.0% in the first quarter. AQR Capital Management LLC now owns 59,999 shares of the industrial products company’s stock valued at $2,780,000 after acquiring an additional 11,608 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Apogee Enterprises by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,992 shares of the industrial products company’s stock valued at $602,000 after acquiring an additional 556 shares during the period. Millennium Management LLC raised its holdings in Apogee Enterprises by 1,074.3% during the first quarter. Millennium Management LLC now owns 320,220 shares of the industrial products company’s stock worth $14,836,000 after purchasing an additional 292,952 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Apogee Enterprises by 120.3% during the first quarter. Jane Street Group LLC now owns 79,281 shares of the industrial products company’s stock worth $3,673,000 after purchasing an additional 43,297 shares in the last quarter. Institutional investors own 94.05% of the company’s stock.

Apogee Enterprises Stock Performance

APOG opened at $33.54 on Wednesday. The company has a quick ratio of 1.45, a current ratio of 1.90 and a debt-to-equity ratio of 0.50. The firm has a market cap of $721.45 million, a PE ratio of 18.13 and a beta of 1.08. The business has a fifty day simple moving average of $37.44 and a 200-day simple moving average of $37.98. Apogee Enterprises, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $49.99.

Apogee Enterprises (NASDAQ:APOG) last announced its earnings results on Wednesday, January 7th. The industrial products company reported $1.02 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.01). Apogee Enterprises had a net margin of 2.86% and a return on equity of 15.02%. The company had revenue of $348.56 million for the quarter, compared to analysts’ expectations of $355.29 million. During the same period in the prior year, the company earned $1.19 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. Apogee Enterprises has set its FY 2026 guidance at 3.4-3.500 EPS. As a group, equities analysts predict that Apogee Enterprises, Inc. will post 4.97 EPS for the current fiscal year.

Apogee Enterprises Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Tuesday, February 3rd were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 3.2%. This is an increase from Apogee Enterprises’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Tuesday, February 3rd. Apogee Enterprises’s payout ratio is 58.38%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on APOG. Stephens began coverage on Apogee Enterprises in a research report on Tuesday, December 16th. They set an “overweight” rating and a $95.00 price target on the stock. Zacks Research raised shares of Apogee Enterprises from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. DA Davidson set a $46.00 price objective on shares of Apogee Enterprises in a research report on Friday, January 9th. Finally, Weiss Ratings cut shares of Apogee Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, January 21st. 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, the company presently has a consensus rating of “Hold” and a consensus target price of $70.50.

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.