Apogee Enterprises, Inc. (NASDAQ:APOG) Position Increased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in Apogee Enterprises, Inc. (NASDAQ:APOG) by 2.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 379,235 shares of the industrial products company’s stock after buying an additional 9,092 shares during the period. Charles Schwab Investment Management Inc. owned about 1.72% of Apogee Enterprises worth $20,255,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SummerHaven Investment Management LLC boosted its stake in Apogee Enterprises by 1.4% in the fourth quarter. SummerHaven Investment Management LLC now owns 15,235 shares of the industrial products company’s stock valued at $814,000 after acquiring an additional 211 shares during the period. Barclays PLC boosted its position in Apogee Enterprises by 1.3% during the 3rd quarter. Barclays PLC now owns 30,070 shares of the industrial products company’s stock valued at $1,416,000 after purchasing an additional 374 shares during the period. Diversified Trust Co grew its stake in Apogee Enterprises by 7.8% during the 4th quarter. Diversified Trust Co now owns 6,127 shares of the industrial products company’s stock worth $327,000 after buying an additional 445 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Apogee Enterprises in the fourth quarter worth $31,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in Apogee Enterprises by 8.7% in the third quarter. O Shaughnessy Asset Management LLC now owns 13,888 shares of the industrial products company’s stock valued at $654,000 after buying an additional 1,116 shares during the last quarter. Institutional investors own 94.05% of the company’s stock.

Insiders Place Their Bets

In other news, Director Lloyd Emerson Johnson sold 24,000 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $63.13, for a total value of $1,515,120.00. Following the sale, the director now owns 260 shares of the company’s stock, valued at approximately $16,413.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Troy R. Johnson sold 12,000 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $61.06, for a total transaction of $732,720.00. Following the completion of the sale, the insider now directly owns 33,433 shares of the company’s stock, valued at approximately $2,041,418.98. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Lloyd Emerson Johnson sold 24,000 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $63.13, for a total transaction of $1,515,120.00. Following the completion of the transaction, the director now owns 260 shares of the company’s stock, valued at $16,413.80. The disclosure for this sale can be found here. Insiders sold 77,252 shares of company stock worth $4,786,214 over the last ninety days. Company insiders own 2.00% of the company’s stock.

Apogee Enterprises Trading Up 1.9 %

Shares of NASDAQ:APOG opened at $67.03 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. The company’s 50-day moving average price is $61.36 and its 200 day moving average price is $55.34. The company has a market cap of $1.48 billion, a PE ratio of 14.86 and a beta of 1.07. Apogee Enterprises, Inc. has a fifty-two week low of $36.62 and a fifty-two week high of $67.92.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings data on Thursday, April 18th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.17. The business had revenue of $361.80 million during the quarter, compared to analyst estimates of $337.84 million. Apogee Enterprises had a return on equity of 23.84% and a net margin of 7.03%. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 EPS. Sell-side analysts anticipate that Apogee Enterprises, Inc. will post 4.57 earnings per share for the current year.

Apogee Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Tuesday, May 21st will be issued a dividend of $0.25 per share. The ex-dividend date is Monday, May 20th. This represents a $1.00 annualized dividend and a yield of 1.49%. Apogee Enterprises’s payout ratio is 22.17%.

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).