Y Intercept Hong Kong Ltd Has $2.89 Million Stock Position in Armstrong World Industries, Inc. $AWI

Y Intercept Hong Kong Ltd raised its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 534.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,542 shares of the construction company’s stock after purchasing an additional 14,775 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Armstrong World Industries were worth $2,891,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AWI. Accurate Wealth Management LLC boosted its stake 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 buying an additional 51 shares in the last quarter. Larson Financial Group LLC lifted its holdings 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 acquiring an additional 57 shares during the last quarter. MQS Management LLC lifted its holdings in shares of Armstrong World Industries by 4.4% in the first quarter. MQS Management LLC now owns 1,474 shares of the construction company’s stock worth $243,000 after acquiring an additional 62 shares during the last quarter. Advisory Services Network LLC boosted its stake in shares of Armstrong World Industries by 4.3% in the 4th quarter. Advisory Services Network LLC now owns 1,700 shares of the construction company’s stock valued at $325,000 after purchasing an additional 70 shares in the last quarter. Finally, Interchange Capital Partners LLC grew its holdings in shares of Armstrong World Industries by 6.1% during the 4th quarter. Interchange Capital Partners LLC now owns 1,292 shares of the construction company’s stock valued at $247,000 after purchasing an additional 74 shares during the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Stock Down 2.6%

Armstrong World Industries stock opened at $155.47 on Wednesday. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 1.73 and a beta of 1.17. Armstrong World Industries, Inc. has a 52-week low of $150.28 and a 52-week high of $206.08. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.04 and a current ratio of 1.54. The firm has a 50 day moving average price of $158.82 and a two-hundred day moving average price of $174.06.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.82 by ($0.13). Armstrong World Industries had a return on equity of 36.71% and a net margin of 18.59%.The firm had revenue of $409.90 million for the quarter, compared to analyst estimates of $409.46 million. During the same quarter last year, the company earned $1.66 earnings per share. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. Equities analysts predict that Armstrong World Industries, Inc. will post 8.31 EPS for the current year.

Armstrong World Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th were paid a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, May 11th. Armstrong World Industries’s payout ratio is currently 19.29%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AWI shares. Weiss Ratings downgraded shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Bank of America lowered their price target on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a report on Monday, April 20th. Evercore set a $200.00 price target on Armstrong World Industries in a research note on Tuesday, April 28th. Finally, UBS Group reduced their price objective 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. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Armstrong World Industries currently has a consensus rating of “Moderate Buy” and an average price target of $211.86.

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.