SG Americas Securities LLC Has $182,000 Holdings in Apogee Enterprises, Inc. (NASDAQ:APOG)

SG Americas Securities LLC decreased its position in Apogee Enterprises, Inc. (NASDAQ:APOG) by 92.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,603 shares of the industrial products company’s stock after selling 32,565 shares during the quarter. SG Americas Securities LLC’s holdings in Apogee Enterprises were worth $182,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. 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 worth $45,000 after buying an additional 593 shares in the last quarter. Quarry LP grew its stake in shares of Apogee Enterprises by 959.4% during the 2nd quarter. Quarry LP now owns 731 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 662 shares in the last quarter. EntryPoint Capital LLC grew its stake in shares of Apogee Enterprises by 31.4% during the 1st quarter. EntryPoint Capital LLC now owns 929 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 222 shares in the last quarter. CWM LLC lifted its position in shares of Apogee Enterprises by 290.6% in the second quarter. CWM LLC now owns 957 shares of the industrial products company’s stock worth $60,000 after purchasing an additional 712 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Apogee Enterprises by 599.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock worth $66,000 after purchasing an additional 959 shares during the last quarter. 94.05% of the stock is currently owned by institutional investors.

Apogee Enterprises Trading Down 0.7 %

Shares of Apogee Enterprises stock opened at $74.95 on Thursday. The stock has a market cap of $1.64 billion, a P/E ratio of 15.39 and a beta of 0.98. The company has a quick ratio of 1.32, a current ratio of 1.65 and a debt-to-equity ratio of 0.12. Apogee Enterprises, Inc. has a 12-month low of $41.01 and a 12-month high of $86.22. The business’s 50 day moving average is $69.21 and its 200-day moving average is $64.97.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings results on Friday, October 4th. The industrial products company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.21. Apogee Enterprises had a net margin of 7.58% and a return on equity of 24.12%. The firm had revenue of $342.40 million for the quarter, compared to analyst estimates of $335.31 million. During the same period in the prior year, the firm posted $1.36 earnings per share. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. Equities research analysts predict that Apogee Enterprises, Inc. will post 5.06 earnings per share for the current fiscal year.

Apogee Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Tuesday, October 22nd. Apogee Enterprises’s dividend payout ratio (DPR) is presently 20.53%.

Analysts Set New Price Targets

APOG has been the topic of several recent research reports. StockNews.com upgraded shares of Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 15th. DA Davidson raised their price objective on Apogee Enterprises from $65.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, October 8th.

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).