Armstrong World Industries, Inc. $AWI Position Increased by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of Armstrong World Industries, Inc. (NYSE:AWIFree Report) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,210 shares of the construction company’s stock after acquiring an additional 12,151 shares during the period. Natixis Advisors LLC’s holdings in Armstrong World Industries were worth $64,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of AWI. Millennium Management LLC raised its holdings in shares of Armstrong World Industries by 571.7% during the first quarter. Millennium Management LLC now owns 117,696 shares of the construction company’s stock worth $16,581,000 after acquiring an additional 100,175 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Armstrong World Industries by 142.0% during the first quarter. Jones Financial Companies Lllp now owns 3,061 shares of the construction company’s stock worth $431,000 after acquiring an additional 1,796 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Armstrong World Industries by 63.3% during the first quarter. Goldman Sachs Group Inc. now owns 125,181 shares of the construction company’s stock worth $17,636,000 after acquiring an additional 48,544 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Armstrong World Industries by 144.2% during the first quarter. Jane Street Group LLC now owns 70,136 shares of the construction company’s stock worth $9,881,000 after acquiring an additional 41,417 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Armstrong World Industries during the second quarter worth $291,000. 98.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AWI. Jefferies Financial Group reiterated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. UBS Group cut their price objective on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Bank of America cut their price objective on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a report on Monday, April 20th. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a report on Monday, April 20th. Finally, Evercore set a $200.00 target price on Armstrong World Industries in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Armstrong World Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.86.

View Our Latest Research Report on AWI

Armstrong World Industries Trading Down 1.3%

Shares of NYSE:AWI opened at $153.23 on Wednesday. The company has a market cap of $6.54 billion, a P/E ratio of 21.73, a P/E/G ratio of 1.68 and a beta of 1.17. The stock’s 50-day moving average is $166.28 and its 200-day moving average is $179.33. Armstrong World Industries, Inc. has a 52-week low of $149.06 and a 52-week 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.

Armstrong World Industries (NYSE:AWIGet Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The construction company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.82 by ($0.13). The business had revenue of $409.90 million during the quarter, compared to analyst estimates of $409.46 million. Armstrong World Industries had a net margin of 18.59% and a return on equity of 36.71%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior 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 predict that Armstrong World Industries, Inc. will post 8.31 earnings per share for the current year.

Armstrong World Industries Dividend Announcement

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

About Armstrong World Industries

(Free Report)

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.

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Institutional Ownership by Quarter for Armstrong World Industries (NYSE:AWI)

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