Susquehanna Fundamental Investments LLC Takes $1.09 Million Position in Armstrong World Industries, Inc. $AWI

Susquehanna Fundamental Investments LLC acquired a new position in Armstrong World Industries, Inc. (NYSE:AWI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,768 shares of the construction company’s stock, valued at approximately $1,086,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AWI. BlackRock Inc. purchased a new stake in Armstrong World Industries in the second quarter valued at approximately $827,239,000. Capital International Investors raised its position in Armstrong World Industries by 1.0% during the 4th quarter. Capital International Investors now owns 2,321,993 shares of the construction company’s stock worth $443,736,000 after buying an additional 23,133 shares during the last quarter. Bank of Montreal Can lifted its stake in Armstrong World Industries by 18,679.7% during the 4th quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after acquiring an additional 1,272,275 shares during the period. Geode Capital Management LLC lifted its stake in Armstrong World Industries by 6.5% during the 4th quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company’s stock valued at $194,027,000 after acquiring an additional 61,647 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Armstrong World Industries by 7.8% during the 4th quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company’s stock valued at $183,682,000 after acquiring an additional 69,849 shares during the period. Institutional investors and hedge funds own 98.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AWI. Weiss Ratings lowered shares of Armstrong World Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $190.00 price target on shares of Armstrong World Industries in a report on Wednesday, July 29th. DA Davidson reaffirmed a “buy” rating and set a $215.00 price target on shares of Armstrong World Industries in a research report on Tuesday. Finally, UBS Group reiterated a “neutral” rating and set a $203.00 price objective on shares of Armstrong World Industries in a research note on Wednesday, July 29th. One equities 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $213.25.

Armstrong World Industries Price Performance

Armstrong World Industries stock opened at $169.10 on Wednesday. Armstrong World Industries, Inc. has a 12 month low of $150.28 and a 12 month high of $206.08. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.52 and a quick ratio of 1.06. The business has a 50 day simple moving average of $168.90 and a 200-day simple moving average of $168.13. The stock has a market capitalization of $7.15 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 1.68 and a beta of 1.17.

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

Armstrong World Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th were given a $0.339 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. Armstrong World Industries’s dividend payout ratio (DPR) is presently 18.63%.

Armstrong World Industries declared that its board has initiated a stock buyback program on Tuesday, July 21st that allows the company to buyback $800.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 12.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

About Armstrong World Industries

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.