Apogee Enterprises, Inc. (APOG)

Over the past six months, Apogee's stock has experienced some volatility. As of October 7, 2025, the share price was $42.89, representing a decline of 44.12% from October 8, 2024. Apogee reported stronger-than-expected Q1 2026 results, with net sales up 4.6% year-over-year to $346.6 million, and adjusted EPS came in at $0.56. The company raised its full-year outlook for both revenue and EPS. Apogee Enterprises reported its fiscal 2026 second-quarter results on October 9, 2025. Higher tariff expenses impacted results in both the metals and services segments, primarily affecting the first half of fiscal year 2026, but the company expects to mitigate the impact in the second half of the fiscal year. The company took aggressive actions under the second phase of Project Fortify, which is expected to drive $13 million to $15 million in annualized savings. Apogee Enterprises, Inc. has an upcoming ex-dividend date of October 29, 2025, with a payout of $0.26.

While specific details on demand seasonality are not explicitly provided, Apogee operates within the non-residential construction sector, which is influenced by economic conditions and interest rates. A market forecast pointed to a potential slowdown in non-residential construction in the second half of Apogee's fiscal year 2024. However, the company's Q1 2026 earnings call indicated that the revenue pipeline for Glass is picking up, positioning that segment for revenue growth starting in Q3 and into Q4 of fiscal year 2026.

Apogee Enterprises, Inc. is a leader in architectural products and services, focusing on enclosing commercial buildings and providing glass and acrylic products. The company operates in the industrial sector, specifically in the building products industry. Apogee designs and develops glass and metal products and services through its segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). Architectural Framing Systems designs, engineers, fabricates, and installs custom glass and aluminum systems. Architectural Glass provides high-performance glass products. Architectural Services integrates technical services, project management, and field installation. Large-Scale Optical Technologies (LSO) manufactures glazing products for custom framing and engineered optics markets. The company's products are used in commercial, institutional, and government buildings. Apogee also provides value-added glass and acrylics through its Tru Vue® brand.

Apogee Enterprises, Inc. has a significant presence in North America, with operations in the United States and Canada, and also operates in Brazil. It has 4,400 employees operating from 15 principal facilities. Approximately 95% of its sales are generated from customers in North America.

Apogee Enterprises has a reputation for quality, particularly with its Viracon brand. The company celebrated its 75th anniversary in July 2024, marking a long history of growth and innovation. Apogee has been recognized for its involvement in notable projects, such as the design of the Apple Store on Fifth Avenue. The company emphasizes strengthening operations, improving products and services, and investing in its team and business growth. The "Women of Apogee" program conducted its second summit in December 2024, and Apogee hosted its first Supplier Day in April 2024.

Apogee Enterprises is primarily owned by institutional shareholders, who hold 93.63% of the company. Insiders own 10.89%, while retail investors hold 0.00%. Major institutional owners include BlackRock Inc., Vanguard Group Inc., Victory Capital Management Inc., Dimensional Fund Advisors LP, Segall Bryant Hamill LLC, State Street Corp, and American Century Companies Inc. The largest individual shareholder is Russell Huffer, an insider, who owns 2.01% of the company.