HUB Investment Partners LLC Purchases Shares of 3,262 Armstrong World Industries, Inc. $AWI

HUB Investment Partners LLC acquired a new stake in shares of Armstrong World Industries, Inc. (NYSE:AWI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,262 shares of the construction company’s stock, valued at approximately $639,000.

Other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in Armstrong World Industries during the third quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in Armstrong World Industries during the second quarter worth approximately $32,000. Bessemer Group Inc. grew its position in Armstrong World Industries by 70.0% in the third quarter. Bessemer Group Inc. now owns 221 shares of the construction company’s stock worth $44,000 after buying an additional 91 shares during the last quarter. SJS Investment Consulting Inc. increased its holdings in shares of Armstrong World Industries by 4,860.0% in the third quarter. SJS Investment Consulting Inc. now owns 248 shares of the construction company’s stock valued at $49,000 after buying an additional 243 shares in the last quarter. Finally, Headlands Technologies LLC bought a new position in shares of Armstrong World Industries in the second quarter valued at $46,000. Institutional investors and hedge funds own 98.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AWI. Jefferies Financial Group reiterated a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $211.43.

Armstrong World Industries Trading Down 1.9%

NYSE AWI opened at $168.52 on Monday. Armstrong World Industries, Inc. has a twelve month low of $122.37 and a twelve month high of $206.08. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 1.46. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 1.86 and a beta of 1.33. The firm’s 50 day moving average price is $189.93 and its two-hundred day moving average price is $191.54.

Armstrong World Industries (NYSE:AWI) last announced its earnings results on Tuesday, February 24th. The construction company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.06). The firm had revenue of $388.30 million for the quarter, compared to analyst estimates of $400.87 million. Armstrong World Industries had a net margin of 19.05% and a return on equity of 37.80%. Armstrong World Industries’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $1.50 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. Equities analysts anticipate that Armstrong World Industries, Inc. will post 6.18 EPS for the current year.

Armstrong World Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be given a dividend of $0.339 per share. This represents a $1.36 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Armstrong World Industries’s payout ratio is presently 19.21%.

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.