Herbert Parker Purchases Shares in Apogee Enterprises
Herbert Parker acquired 2,741 shares of Apogee Enterprises, Inc. at $41.96 each on June 24, 2026.
Key Points
- Herbert Parker bought 2,741 shares of Apogee Enterprises, Inc. at $41.96 per share, totaling $115,012.36 on June 24, 2026.
- Apogee Enterprises, Inc. trades on NasdaqGS as APOG, with a market cap of approximately $1.04 billion and a P/E ratio of 19.41.
- Insider buying activity included other executives purchasing similar share amounts, while analyst DA Davidson recently upgraded the stock to 'buy' with a target of $47.
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Herbert Parker bought 2,741 shares of Apogee Enterprises, Inc. (NasdaqGS: APOG) on June 24, 2026. The shares were purchased at an average price of $41.96 each, amounting to a total of $115,012.36. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Apogee Enterprises, Inc.
Several insiders at Apogee Enterprises, Inc. made similar purchases on June 24, 2026. Elizabeth Murphy Lilly, Patricia Wagner, Christina Alvord, and Mark Pompa each acquired 2,741 shares at the same price of $41.96 per share. Earlier, on April 30, 2026, Troy Johnson, President of Architectural Metals, sold 2,471 shares at $36.40 per share.
Other Institutional Activity in Apogee Enterprises
Institutional investors have also been active in Apogee Enterprises. BlackRock, Inc. reduced its holdings by 456,294 shares, ending with 3,317,545 shares valued at about $111.3 million, a 12.1% decrease. Vanguard Portfolio Management LLC opened a new position with 1,540,329 shares valued at approximately $51.7 million. Dimensional Fund Advisors LP increased its holdings by 78,200 shares to a total of 1,063,485 shares, worth around $35.7 million, reflecting a 7.9% increase. American Century Companies Inc. also increased its stake by 69,692 shares to 885,233 shares, valued at about $29.7 million, an 8.5% increase.
Apogee Enterprises, Inc. Stock Up 21.3%
Shares of Apogee Enterprises, Inc. traded near $42.48 on Saturday. The company has a market capitalization of about $1.04 billion, with a P/E ratio of 19.41 and a forward P/E of 13.22. Its beta is 1.157, indicating moderate volatility. The stock's 52-week range is between $30.75 and $50.88, with a 50-day moving average of $37.50 and a 200-day moving average of $37.77. Apogee has a current ratio of 1.65 and a quick ratio of 1.18.
$APOG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Apogee Enterprises reported revenue of $1.40 billion, reflecting a growth rate of 1.6%. The company's net margin is 3.85%, with a return on equity of 10.83%. Earnings per share stand at $2.52. The next earnings announcement is expected on June 26, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
Analyst view held steady after the report.
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EPS & revenue
EPS beat estimates by 2.9%. Revenue beat estimates by 2.6%.
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Profit surprise
EBITDA came in 10% below estimates. Operating income came in 5% below estimates.
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Pre-earnings setup
The bar was high going in. Analysts were already very bullish.
- Analyst signal
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Earnings quality
Operating margin up 6.7 points year over year. Free cash flow was positive.
Earnings Call Summary
The company reported $358 million in sales for the quarter, beating expectations with $0.57 earnings per share against a $0.43 consensus. Tariff impacts, competition in glass, and rising aluminum costs forced management to lower the rest-of-year outlook. However, Performance Surfaces grew 18.6 percent organically on flooring and distribution gains, Services backlog jumped 16 percent to $792 million, and operating cash flow remained solid at $57 million, positioning the company to still achieve year-over-year growth in the second half despite near-term headwinds.
Guidance Apogee cut its full-year sales guidance to $1.39 billion to $1.42 billion and lowered adjusted earnings to $3.60 to $3.90 per share. The company faces lower demand and price pressure in glass, higher aluminum costs pressuring metals margins, and expects health insurance costs to stay elevated. Performance Surfaces remains a bright spot with strong growth from flooring and retail distribution.
Underwhelming report. Mixed results that may lead to slightly lower expectations.
Dividend
The company offers an annual dividend rate of $1.08, yielding 2.54%. The dividend payout ratio is 41.67%.
Analysts Set New Price Targets
On November 17, 2025, DA Davidson upgraded Apogee Enterprises to a 'buy' rating with a price target of $47. The consensus among analysts is a 'strong buy' with a mean target price of $42.50, based on two analyst opinions.
About Apogee Enterprises
Apogee Enterprises, Inc. provides architectural products and services for building enclosures and glass products. Based in Minneapolis, Minnesota, the company operates in the industrial sector, specifically in building products and equipment. It is led by CEO Mr. Donald A. Nolan and employs around 4,100 people. Apogee's operations are divided into four segments: Architectural Metals, Architectural Glass, Architectural Services, and Performance Surfaces, serving primarily commercial and institutional buildings across the U.S., Canada, and Brazil.
Bottom Line
Herbert Parker's recent purchase of Apogee Enterprises shares highlights insider confidence in the company's prospects. Apogee trades on the NasdaqGS under the ticker APOG, with a solid market presence in the building products and equipment industry. Investors often monitor such insider transactions, as they can signal potential future performance, though they are not a direct recommendation to buy or sell.
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