Armstrong World Industries, Inc. $AWI Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in Armstrong World Industries, Inc. (NYSE:AWI) by 10.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 66,525 shares of the construction company’s stock after buying an additional 6,322 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Armstrong World Industries were worth $10,963,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AWI. Accurate Wealth Management LLC raised its position in Armstrong World Industries by 3.5% in the fourth quarter. Accurate Wealth Management LLC now owns 1,490 shares of the construction company’s stock valued at $299,000 after purchasing an additional 51 shares during the period. Larson Financial Group LLC boosted its position in shares of Armstrong World Industries by 77.0% in the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after buying an additional 57 shares during the period. Advisory Services Network LLC grew its stake 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 buying an additional 70 shares in the last quarter. Interchange Capital Partners LLC grew its stake 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 buying an additional 74 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of Armstrong World Industries by 18.4% during the 3rd quarter. US Bancorp DE now owns 509 shares of the construction company’s stock valued at $100,000 after buying an additional 79 shares during the period. 98.93% of the stock is owned by institutional investors and hedge funds.

Armstrong World Industries Stock Up 0.2%

AWI stock opened at $158.43 on Friday. The firm has a fifty day moving average price of $160.04 and a two-hundred day moving average price of $174.62. 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, Inc. has a 1-year low of $150.28 and a 1-year high of $206.08. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 1.72 and a beta of 1.17.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data 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 net margin of 18.59% and a return on equity of 36.71%. Armstrong World Industries’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.66 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Research analysts predict that Armstrong World Industries, Inc. will post 8.31 EPS for the current year.

Armstrong World Industries Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, May 11th. Armstrong World Industries’s dividend payout ratio is presently 19.29%.

Wall Street Analysts Forecast Growth

AWI has been the topic of several recent research reports. UBS Group reduced their price target on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Evercore set a $200.00 target price on shares of Armstrong World Industries in a research note on Tuesday, April 28th. Weiss Ratings lowered Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Finally, 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 report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Armstrong World Industries has an average rating of “Moderate Buy” and a consensus price target of $211.86.

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.