Chesapeake Capital Corp IL Makes New Investment in Armstrong World Industries, Inc. $AWI

Chesapeake Capital Corp IL acquired a new stake in Armstrong World Industries, Inc. (NYSE:AWI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,736 shares of the construction company’s stock, valued at approximately $732,000.

Other large investors have also modified their holdings of the company. Root Financial Partners LLC purchased a new stake in Armstrong World Industries in the 3rd quarter valued at $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Armstrong World Industries during the 2nd quarter worth $32,000. Ameriflex Group Inc. purchased a new position in Armstrong World Industries during the 3rd quarter worth $35,000. Bessemer Group Inc. grew its position in Armstrong World Industries by 70.0% during the 3rd quarter. Bessemer Group Inc. now owns 221 shares of the construction company’s stock worth $44,000 after purchasing an additional 91 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in Armstrong World Industries in the second quarter valued at $46,000. 98.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AWI shares. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a report on Wednesday, January 21st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $211.43.

Armstrong World Industries Stock Performance

Shares of AWI opened at $167.40 on Friday. The stock has a market capitalization of $7.17 billion, a P/E ratio of 23.64, a P/E/G ratio of 1.82 and a beta of 1.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 1.46. Armstrong World Industries, Inc. has a 1 year low of $122.37 and a 1 year high of $206.08. The company’s fifty day moving average is $187.33 and its two-hundred day moving average is $190.59.

Armstrong World Industries (NYSE:AWI) last released its earnings results on Tuesday, February 24th. The construction company reported $1.61 EPS for the quarter, missing the consensus estimate of $1.67 by ($0.06). Armstrong World Industries had a return on equity of 37.80% and a net margin of 19.05%.The firm had revenue of $388.30 million during the quarter, compared to analyst estimates of $400.87 million. During the same quarter last year, the business posted $1.50 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. On average, sell-side analysts predict that Armstrong World Industries, Inc. will post 6.18 earnings per share for the current year.

Armstrong World Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be issued a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Armstrong World Industries’s payout ratio is currently 19.21%.

Armstrong World Industries Profile

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.