WINTON GROUP Ltd Acquires 870 Shares of Apogee Enterprises, Inc. (NASDAQ:APOG)

WINTON GROUP Ltd raised its holdings in Apogee Enterprises, Inc. (NASDAQ:APOG) by 7.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,180 shares of the industrial products company’s stock after acquiring an additional 870 shares during the period. WINTON GROUP Ltd owned about 0.06% of Apogee Enterprises worth $765,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of APOG. Headlands Technologies LLC grew its holdings in shares of Apogee Enterprises by 340.8% during the 1st quarter. Headlands Technologies LLC now owns 767 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 593 shares during the last quarter. EntryPoint Capital LLC grew its stake 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 worth $55,000 after buying an additional 222 shares during the last quarter. CWM LLC increased its holdings in shares of Apogee Enterprises by 290.6% during the second quarter. CWM LLC now owns 957 shares of the industrial products company’s stock worth $60,000 after buying an additional 712 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Apogee Enterprises by 599.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock valued at $66,000 after acquiring an additional 959 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of Apogee Enterprises in the 2nd quarter valued at $75,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Apogee Enterprises Trading Up 2.3 %

Shares of NASDAQ APOG opened at $68.41 on Wednesday. The firm has a 50 day moving average price of $63.89 and a two-hundred day moving average price of $62.11. The stock has a market cap of $1.50 billion, a P/E ratio of 14.05 and a beta of 0.98. Apogee Enterprises, Inc. has a 52-week low of $41.01 and a 52-week high of $70.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.29 and a current ratio of 1.64.

Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings data on Thursday, June 27th. The industrial products company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.28. The business had revenue of $331.50 million during the quarter, compared to the consensus estimate of $333.22 million. Apogee Enterprises had a return on equity of 24.74% and a net margin of 7.72%. Apogee Enterprises’s quarterly revenue was down 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. As a group, equities analysts forecast that Apogee Enterprises, Inc. will post 4.86 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on APOG shares. StockNews.com raised Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a report on Friday, July 26th. DA Davidson boosted their price target on Apogee Enterprises from $60.00 to $65.00 and gave the stock a “neutral” rating in a report on Friday, June 28th.

Insider Transactions at Apogee Enterprises

In related news, insider Brent C. Jewell sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $64.34, for a total value of $321,700.00. Following the sale, the insider now directly owns 23,405 shares in the company, valued at $1,505,877.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is owned by corporate insiders.

About Apogee Enterprises

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).