Capital International Investors Boosts Stake in Armstrong World Industries, Inc. $AWI

Capital International Investors raised its position in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 1.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,321,993 shares of the construction company’s stock after buying an additional 23,133 shares during the quarter. Capital International Investors owned about 0.05% of Armstrong World Industries worth $443,736,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Geode Capital Management LLC boosted its position in shares of Armstrong World Industries by 6.5% in the fourth quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company’s stock worth $194,027,000 after buying an additional 61,647 shares during the period. AQR Capital Management LLC raised its stake in Armstrong World Industries by 64.1% during the third quarter. AQR Capital Management LLC now owns 891,336 shares of the construction company’s stock valued at $173,775,000 after buying an additional 348,327 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Armstrong World Industries by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 860,799 shares of the construction company’s stock worth $168,716,000 after buying an additional 2,799 shares during the last quarter. Invesco Ltd. grew its position in shares of Armstrong World Industries by 11.2% in the 3rd quarter. Invesco Ltd. now owns 758,680 shares of the construction company’s stock worth $148,709,000 after acquiring an additional 76,235 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Armstrong World Industries in the 4th quarter valued at approximately $107,716,000. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Stock Up 0.0%

Shares of Armstrong World Industries stock opened at $155.16 on Monday. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.56. The business’s 50 day simple moving average is $165.32 and its 200-day simple moving average is $178.47. The stock has a market capitalization of $6.62 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 1.68 and a beta of 1.17. Armstrong World Industries, Inc. has a twelve month low of $149.06 and a twelve month high of $206.08.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings results on Tuesday, April 28th. The construction company reported $1.69 earnings per share for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). The company had revenue of $409.90 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Equities research analysts forecast that Armstrong World Industries, Inc. will post 8.31 earnings per share for the current year.

Armstrong World Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

AWI has been the subject of a number of research analyst reports. UBS Group lowered their price target on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Jefferies Financial Group reiterated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Weiss Ratings downgraded Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Evercore set a $200.00 price target on Armstrong World Industries in a report on Tuesday, April 28th. Finally, Bank of America lowered their price target on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $211.86.

Armstrong World Industries Company 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.