Livforsakringsbolaget Skandia Omsesidigt Boosts Holdings in Armstrong World Industries, Inc. $AWI

Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 16.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,700 shares of the construction company’s stock after buying an additional 4,500 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned 0.08% of Armstrong World Industries worth $6,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AWI. Larson Financial Group LLC boosted its holdings in shares of Armstrong World Industries by 77.0% in the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after buying an additional 57 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Armstrong World Industries during the 4th quarter worth approximately $27,000. Cullen Frost Bankers Inc. raised its stake in Armstrong World Industries by 124.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock worth $34,000 after acquiring an additional 98 shares during the period. Ameriflex Group Inc. bought a new stake in Armstrong World Industries during the 3rd quarter worth approximately $35,000. Finally, CIBC Private Wealth Group LLC raised its stake 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 worth $35,000 after acquiring an additional 145 shares during the period. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Stock Down 0.3%

NYSE AWI opened at $152.81 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.56. The company has a fifty day moving average of $165.56 and a two-hundred day moving average of $178.65. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 1.66 and a beta of 1.17. Armstrong World Industries, Inc. has a 52 week low of $149.06 and a 52 week high of $206.08.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.82 by ($0.13). The firm had revenue of $409.90 million for the quarter, compared to analysts’ expectations of $409.46 million. Armstrong World Industries had a return on equity of 36.71% and a net margin of 18.59%.The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.66 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. On average, analysts predict that Armstrong World Industries, Inc. will post 8.31 earnings per share for the current year.

Armstrong World Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th were paid a dividend of $0.339 per share. This represents a $1.36 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, May 11th. Armstrong World Industries’s payout ratio is presently 19.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Armstrong World Industries in a research report on Monday, April 20th. Evercore set a $200.00 price objective on shares of Armstrong World Industries in a research report on Tuesday, April 28th. Jefferies Financial Group reiterated a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. UBS Group reduced their price target on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Finally, Bank of America reduced their price target on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Armstrong World Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.86.

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.