Armstrong World Industries, Inc. (NYSE:AWI) Receives Average Rating of “Moderate Buy” from Analysts

Armstrong World Industries, Inc. (NYSE:AWI) has earned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $211.8571.

A number of equities analysts have weighed in on the company. Bank of America reduced their price target on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Evercore set a $200.00 price objective on shares of Armstrong World Industries in a report on Tuesday, April 28th. Weiss Ratings lowered shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Finally, UBS Group reduced their target price on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th.

Hedge Funds Weigh In On Armstrong World Industries

A number of large investors have recently modified their holdings of AWI. Bank of Montreal Can boosted its position in Armstrong World Industries by 18,679.7% during the fourth quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after purchasing an additional 1,272,275 shares during the last quarter. Norges Bank acquired a new position in shares of Armstrong World Industries during the 4th quarter worth approximately $107,716,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Armstrong World Industries by 33,007.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 473,104 shares of the construction company’s stock worth $90,410,000 after purchasing an additional 471,675 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Armstrong World Industries in the 4th quarter valued at approximately $84,143,000. Finally, SurgoCap Partners LP acquired a new stake in shares of Armstrong World Industries in the 4th quarter valued at approximately $72,020,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Armstrong World Industries Stock Performance

Shares of Armstrong World Industries stock opened at $152.30 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.54 and a quick ratio of 1.04. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 1.69 and a beta of 1.17. The stock’s 50-day moving average is $156.73 and its 200-day moving average is $171.86. Armstrong World Industries has a one year low of $150.28 and a one year 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.13). Armstrong World Industries had a return on equity of 36.71% and a net margin of 18.59%.The firm had revenue of $409.90 million for the quarter, compared to the consensus estimate of $409.46 million. During the same quarter in the previous year, the business posted $1.66 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Equities analysts predict that Armstrong World Industries will post 8.31 earnings per share for the current fiscal year.

Armstrong World Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th were given a dividend of $0.339 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.36 annualized dividend and a yield of 0.9%. Armstrong World Industries’s payout ratio is 19.29%.

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.