Cooke & Bieler LP Grows Stock Holdings in Armstrong World Industries, Inc. $AWI

Cooke & Bieler LP boosted its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 194,048 shares of the construction company’s stock after buying an additional 3,890 shares during the quarter. Cooke & Bieler LP’s holdings in Armstrong World Industries were worth $37,083,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in shares of Armstrong World Industries during the 3rd quarter worth about $25,000. Larson Financial Group LLC raised 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 worth $25,000 after acquiring an additional 57 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in Armstrong World Industries by 124.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock worth $34,000 after purchasing an additional 98 shares during the last quarter. Ameriflex Group Inc. acquired a new position in Armstrong World Industries in the third quarter valued at approximately $35,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in Armstrong World Industries by 426.5% in the third 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 in the last quarter. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AWI shares. Bank of America cut their price objective 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. Evercore set a $200.00 target price on shares of Armstrong World Industries in a research report on Tuesday, April 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Armstrong World Industries in a research note on Monday, April 20th. Jefferies Financial Group reissued a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. Finally, UBS Group decreased their price objective on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.86.

Armstrong World Industries Trading Up 0.1%

Shares of Armstrong World Industries stock opened at $157.59 on Tuesday. Armstrong World Industries, Inc. has a 1 year low of $149.06 and a 1 year high of $206.08. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.04 and a current ratio of 1.54. The company has a market capitalization of $6.73 billion, a P/E ratio of 22.35, a PEG ratio of 1.71 and a beta of 1.21. The company’s fifty day moving average is $167.25 and its two-hundred day moving average is $180.40.

Armstrong World Industries (NYSE:AWI) last announced its 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). Armstrong World Industries had a net margin of 18.59% and a return on equity of 36.71%. The business had revenue of $409.90 million during the quarter, compared to analysts’ expectations of $409.46 million. During the same period in the previous year, the company posted $1.66 earnings per share. Armstrong World Industries’s quarterly revenue was up 7.1% on a year-over-year basis. 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 earnings per share for the current year.

Armstrong World Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th will be given a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, May 11th. Armstrong World Industries’s dividend payout ratio (DPR) 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.