Armstrong World Industries, Inc. $AWI Stock Holdings Trimmed by AlphaQuest LLC

AlphaQuest LLC lowered its holdings in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 43.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,803 shares of the construction company’s stock after selling 9,966 shares during the period. AlphaQuest LLC’s holdings in Armstrong World Industries were worth $2,447,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of Armstrong World Industries during the 3rd quarter valued at $25,000. Larson Financial Group LLC increased its position in shares of Armstrong World Industries by 77.0% during the 4th quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock valued at $25,000 after purchasing an additional 57 shares during the period. Cullen Frost Bankers Inc. increased its position in shares of Armstrong World Industries by 124.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock valued at $34,000 after purchasing an additional 98 shares during the period. Ameriflex Group Inc. acquired a new position in shares of Armstrong World Industries during the 3rd quarter valued at $35,000. Finally, CIBC Private Wealth Group LLC increased its position in shares of 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. Institutional investors own 98.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AWI shares. UBS Group lowered their price target on 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. Evercore set a $200.00 price target on 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Armstrong World Industries in a research report on Monday, April 20th. Finally, Bank of America lowered their price target on 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 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, the stock has an average rating of “Moderate Buy” and an average target price of $211.86.

Armstrong World Industries Stock Performance

Shares of NYSE AWI opened at $159.71 on Wednesday. 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 stock has a market capitalization of $6.82 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 1.71 and a beta of 1.21. The stock’s fifty day simple moving average is $167.10 and its 200 day simple moving average is $180.17. 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 issued its earnings results on Tuesday, April 28th. The construction company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). The company had revenue of $409.90 million during 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 business’s revenue was up 7.1% compared to the same quarter last year. During the same quarter 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. As a group, sell-side analysts forecast that Armstrong World Industries, Inc. will post 8.31 earnings per share for the current fiscal year.

Armstrong World Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 11th were issued a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, May 11th. Armstrong World Industries’s payout ratio is presently 19.29%.

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.