Armstrong World Industries, Inc. $AWI Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 1.8% during the first quarter, Holdings Channel.com reports. The firm owned 842,952 shares of the construction company’s stock after selling 15,053 shares during the period. Dimensional Fund Advisors LP’s holdings in Armstrong World Industries were worth $138,904,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of AWI. Accurate Wealth Management LLC increased its stake in Armstrong World Industries by 3.5% during the 4th quarter. Accurate Wealth Management LLC now owns 1,490 shares of the construction company’s stock valued at $299,000 after buying an additional 51 shares during the period. Larson Financial Group LLC lifted its stake in shares of Armstrong World Industries by 77.0% in the 4th quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after acquiring an additional 57 shares during the period. MQS Management LLC lifted its stake in shares of Armstrong World Industries by 4.4% in the 1st quarter. MQS Management LLC now owns 1,474 shares of the construction company’s stock worth $243,000 after acquiring an additional 62 shares during the period. Advisory Services Network LLC boosted its holdings in shares of Armstrong World Industries by 4.3% in the fourth quarter. Advisory Services Network LLC now owns 1,700 shares of the construction company’s stock valued at $325,000 after acquiring an additional 70 shares in the last quarter. Finally, Interchange Capital Partners LLC boosted its holdings in shares of Armstrong World Industries by 6.1% in the fourth quarter. Interchange Capital Partners LLC now owns 1,292 shares of the construction company’s stock valued at $247,000 after acquiring an additional 74 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. UBS Group lowered their price objective on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Bank of America cut their target price 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 target on Armstrong World Industries in a research note on Tuesday, April 28th. Finally, Weiss Ratings downgraded Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $211.86.

Armstrong World Industries Stock Up 0.0%

NYSE AWI opened at $160.74 on Monday. Armstrong World Industries, Inc. has a 12 month low of $150.28 and a 12 month high of $206.08. The company has a market capitalization of $6.86 billion, a P/E ratio of 22.80, a PEG ratio of 1.74 and a beta of 1.17. The company’s 50 day simple moving average is $156.63 and its 200 day simple moving average is $170.79. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.54 and a quick ratio of 1.04.

Armstrong World Industries (NYSE:AWI) last issued its 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 business had revenue of $409.90 million for the quarter, compared to the consensus estimate of $409.46 million. Armstrong World Industries had a return on equity of 36.71% and a net margin of 18.59%.The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Equities research analysts expect that Armstrong World Industries, Inc. will post 8.31 earnings per share for the current fiscal year.

Armstrong World Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 5th will be given a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, August 5th. Armstrong World Industries’s dividend payout ratio is 19.29%.

Armstrong World Industries declared that its Board of Directors has initiated a share buyback program on Tuesday, July 21st that authorizes the company to repurchase $800.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 12.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

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.