BI Asset Management Fondsmaeglerselskab A S Makes New $1.25 Million Investment in Armstrong World Industries, Inc. $AWI

BI Asset Management Fondsmaeglerselskab A S purchased a new position in Armstrong World Industries, Inc. (NYSE:AWI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,516 shares of the construction company’s stock, valued at approximately $1,245,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Public Sector Pension Investment Board boosted its stake in Armstrong World Industries by 10.8% during the third quarter. Public Sector Pension Investment Board now owns 208,870 shares of the construction company’s stock valued at $40,941,000 after buying an additional 20,280 shares in the last quarter. Cookson Peirce & Co. Inc. acquired a new position in shares of Armstrong World Industries in the 3rd quarter valued at $1,153,000. Krilogy Financial LLC acquired a new position in shares of Armstrong World Industries in the 3rd quarter valued at $753,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Armstrong World Industries in the 4th quarter valued at $84,143,000. Finally, American Century Companies Inc. boosted its position in Armstrong World Industries by 66.4% during the 3rd quarter. American Century Companies Inc. now owns 235,018 shares of the construction company’s stock worth $46,066,000 after acquiring an additional 93,770 shares during the period. Institutional investors own 98.93% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on AWI. Weiss Ratings cut shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Bank of America lowered 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 report on Monday, April 20th. UBS Group lowered 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 report on Wednesday, April 29th. Finally, Evercore set a $200.00 price objective on Armstrong World Industries in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Armstrong World Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.86.

Armstrong World Industries Price Performance

AWI opened at $156.35 on Wednesday. The stock has a market cap of $6.67 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 1.65 and a beta of 1.17. Armstrong World Industries, Inc. has a 1 year low of $149.06 and a 1 year high of $206.08. 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 stock has a fifty day moving average price of $164.94 and a 200 day moving average price of $178.11.

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

Armstrong World Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors 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 was Monday, May 11th. Armstrong World Industries’s payout ratio is currently 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.