Apogee Enterprises (NASDAQ:APOG) Issues FY 2026 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.740-7.060 for the period, compared to the consensus earnings per share estimate of 3.430. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $1.4 billion.

Analyst Ratings Changes

Several brokerages have commented on APOG. Zacks Research raised Apogee Enterprises from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. DA Davidson set a $46.00 target price on shares of Apogee Enterprises in a research note on Friday, January 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Apogee Enterprises in a report on Monday. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Apogee Enterprises presently has a consensus rating of “Hold” and an average target price of $70.50.

Apogee Enterprises Trading Up 0.3%

Shares of Apogee Enterprises stock traded up $0.12 on Thursday, hitting $35.59. 146,129 shares of the company traded hands, compared to its average volume of 207,392. The company has a current ratio of 1.90, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The company has a market cap of $765.54 million, a PE ratio of 19.24, a PEG ratio of 0.97 and a beta of 1.12. The stock’s 50 day moving average price is $35.86 and its 200-day moving average price is $37.02. Apogee Enterprises has a 52 week low of $30.75 and a 52 week high of $49.99.

Apogee Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $1.08 dividend on an annualized basis and a yield of 3.0%. Apogee Enterprises’s payout ratio is 58.38%.

Hedge Funds Weigh In On Apogee Enterprises

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Apogee Enterprises in the second quarter worth about $38,000. BNP Paribas Financial Markets increased its position in Apogee Enterprises by 45.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,174 shares of the industrial products company’s stock valued at $88,000 after purchasing an additional 684 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Apogee Enterprises by 396.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,569 shares of the industrial products company’s stock valued at $145,000 after purchasing an additional 2,850 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Apogee Enterprises in the 4th quarter worth approximately $206,000. Finally, Lazard Asset Management LLC lifted its position in shares of Apogee Enterprises by 11.5% in the 2nd quarter. Lazard Asset Management LLC now owns 5,212 shares of the industrial products company’s stock worth $210,000 after purchasing an additional 537 shares during the period. Hedge funds and other institutional investors own 94.05% of the company’s stock.

About Apogee Enterprises

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.