Capital International Sarl Cuts Stock Holdings in Armstrong World Industries, Inc. $AWI

Capital International Sarl lessened its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 49.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,531 shares of the construction company’s stock after selling 7,326 shares during the quarter. Capital International Sarl’s holdings in Armstrong World Industries were worth $1,476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in shares of Armstrong World Industries in the 3rd quarter valued at $25,000. Ameriflex Group Inc. purchased a new stake in shares of Armstrong World Industries during the 3rd quarter worth $35,000. Twin Peaks Wealth Advisors LLC bought a new stake in Armstrong World Industries during the second quarter valued at about $32,000. Bessemer Group Inc. boosted its position in Armstrong World Industries by 70.0% during the third quarter. Bessemer Group Inc. now owns 221 shares of the construction company’s stock valued at $44,000 after purchasing an additional 91 shares in the last quarter. Finally, SJS Investment Consulting Inc. grew its stake in 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 purchasing an additional 243 shares during the last quarter. 98.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AWI. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a research report on Wednesday, January 21st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. One equities research 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 company. According to data from MarketBeat, Armstrong World Industries presently has an average rating of “Moderate Buy” and a consensus price target of $211.43.

Armstrong World Industries Stock Up 0.2%

Armstrong World Industries stock opened at $166.83 on Wednesday. Armstrong World Industries, Inc. has a 52 week low of $122.37 and a 52 week high of $206.08. The company has a quick ratio of 1.00, a current ratio of 1.46 and a debt-to-equity ratio of 0.48. The business’s 50-day moving average price is $188.91 and its 200 day moving average price is $191.13. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 23.56, a price-to-earnings-growth ratio of 1.84 and a beta of 1.33.

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

Armstrong World Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders 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 dividend 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.