Armstrong World Industries (NYSE:AWI) Posts Earnings Results, Misses Estimates By $0.06 EPS

Armstrong World Industries (NYSE:AWI) announced its quarterly earnings results on Tuesday. The construction company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.06), FiscalAI reports. The firm had revenue of $388.30 million during the quarter, compared to analyst estimates of $400.87 million. Armstrong World Industries had a net margin of 19.08% and a return on equity of 38.97%. Armstrong World Industries updated its FY 2026 guidance to 8.050-8.350 EPS.

Armstrong World Industries Stock Performance

Shares of AWI opened at $192.15 on Tuesday. The stock has a market capitalization of $8.29 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 1.73 and a beta of 1.33. Armstrong World Industries has a 12 month low of $122.37 and a 12 month high of $206.08. The firm has a fifty day simple moving average of $192.88 and a 200 day simple moving average of $192.88. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.47.

Armstrong World Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be given a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 5th. Armstrong World Industries’s payout ratio is currently 19.31%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. UBS Group boosted their target price on Armstrong World Industries from $178.00 to $200.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Wall Street Zen lowered Armstrong World Industries from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. JPMorgan Chase & Co. increased their target price on Armstrong World Industries from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Armstrong World Industries in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Armstrong World Industries currently has a consensus rating of “Moderate Buy” and an average price target of $207.50.

Hedge Funds Weigh In On Armstrong World Industries

A number of large investors have recently modified their holdings of AWI. Millennium Management LLC increased its position in shares of Armstrong World Industries by 571.7% in the first quarter. Millennium Management LLC now owns 117,696 shares of the construction company’s stock valued at $16,581,000 after acquiring an additional 100,175 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Armstrong World Industries by 142.0% in the first quarter. Jones Financial Companies Lllp now owns 3,061 shares of the construction company’s stock valued at $431,000 after purchasing an additional 1,796 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Armstrong World Industries by 63.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,181 shares of the construction company’s stock worth $17,636,000 after purchasing an additional 48,544 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Armstrong World Industries by 144.2% during the 1st quarter. Jane Street Group LLC now owns 70,136 shares of the construction company’s stock worth $9,881,000 after purchasing an additional 41,417 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of Armstrong World Industries during the 2nd quarter worth approximately $291,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

About Armstrong World Industries

Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.

Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.