Nisa Investment Advisors LLC Has $6.04 Million Stock Position in Armstrong World Industries, Inc. $AWI

Nisa Investment Advisors LLC lowered its position in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 22.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,578 shares of the construction company’s stock after selling 9,055 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Armstrong World Industries were worth $6,035,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AWI. Root Financial Partners LLC bought a new position in Armstrong World Industries in the third quarter valued at about $25,000. CIBC Private Wealth Group LLC lifted its position in Armstrong World Industries by 426.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company’s stock valued at $35,000 after purchasing an additional 145 shares during the period. Ameriflex Group Inc. acquired a new position in Armstrong World Industries during the 3rd quarter valued at about $35,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Armstrong World Industries in the 2nd quarter valued at about $32,000. Finally, Bessemer Group Inc. grew its position in shares of 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 buying an additional 91 shares during the period. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Stock Performance

Shares of Armstrong World Industries stock opened at $165.20 on Friday. The stock’s fifty day simple moving average is $179.08 and its 200 day simple moving average is $187.59. The company has a current ratio of 1.46, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $7.08 billion, a PE ratio of 23.33, a PEG ratio of 1.83 and a beta of 1.32. Armstrong World Industries, Inc. has a 12 month low of $122.37 and a 12 month high of $206.08.

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

Armstrong World Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were paid a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 5th. Armstrong World Industries’s dividend payout ratio is presently 19.21%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.43.

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.