California State Teachers Retirement System Increases Stock Position in Armstrong World Industries, Inc. $AWI

California State Teachers Retirement System increased its stake in Armstrong World Industries, Inc. (NYSE:AWI) by 25.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,456 shares of the construction company’s stock after purchasing an additional 10,416 shares during the quarter. California State Teachers Retirement System’s holdings in Armstrong World Industries were worth $8,480,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC boosted its position in shares of Armstrong World Industries by 77.0% during the fourth 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 last quarter. Eurizon Capital SGR S.p.A. purchased a new position in shares of Armstrong World Industries during the 4th quarter worth about $27,000. Cullen Frost Bankers Inc. lifted its position in shares of 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. CIBC Private Wealth Group LLC lifted its stake in shares of Armstrong World Industries by 426.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company’s stock worth $35,000 after purchasing an additional 145 shares during the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in Armstrong World Industries in the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Trading Up 2.1%

Shares of AWI opened at $183.30 on Wednesday. The firm’s 50-day moving average is $159.25 and its two-hundred day moving average is $169.77. Armstrong World Industries, Inc. has a twelve month low of $150.28 and a twelve month high of $206.08. The company has a current ratio of 1.52, a quick ratio of 1.06 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $7.75 billion, a P/E ratio of 25.11, a PEG ratio of 1.75 and a beta of 1.16.

Armstrong World Industries (NYSE:AWI) last released its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.11. The business had revenue of $472.00 million for the quarter, compared to analysts’ expectations of $461.67 million. Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%.The company’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.09 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. On average, research analysts predict that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current fiscal year.

Armstrong World Industries declared that its board has authorized a share buyback program on Tuesday, July 21st that authorizes the company to buyback $800.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 12.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Armstrong World Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 5th will be paid a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, August 5th. Armstrong World Industries’s dividend payout ratio (DPR) is presently 18.63%.

Analyst Upgrades and Downgrades

AWI has been the topic of a number of research reports. Weiss Ratings lowered shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. UBS Group reaffirmed a “neutral” rating and set a $203.00 target price on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Evercore set a $200.00 price objective on Armstrong World Industries in a research note on Tuesday, April 28th. Jefferies Financial Group reaffirmed a “hold” rating and set a $190.00 price objective on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Finally, Bank of America dropped their target price on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock 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 three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $213.00.

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.