Pallas Capital Advisors LLC Purchases Shares of 3,617 Armstrong World Industries, Inc. $AWI

Pallas Capital Advisors LLC purchased a new position in shares of Armstrong World Industries, Inc. (NYSE:AWI) during the 2nd quarter, Holdings Channel reports. The fund purchased 3,617 shares of the construction company’s stock, valued at approximately $580,000.

A number of other large investors also recently modified their holdings of the business. Larson Financial Group LLC grew its holdings in shares of Armstrong World Industries by 77.0% in the 4th quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock valued at $25,000 after acquiring an additional 57 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Armstrong World Industries in the fourth quarter valued at about $27,000. Cullen Frost Bankers Inc. raised its holdings in 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 acquiring an additional 98 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in Armstrong World Industries by 426.5% during the third quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company’s stock worth $35,000 after acquiring an additional 145 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in Armstrong World Industries during the first quarter valued at approximately $38,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Armstrong World Industries Stock Up 0.8%

Shares of AWI stock opened at $178.66 on Thursday. Armstrong World Industries, Inc. has a 52-week low of $150.28 and a 52-week high of $206.08. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 24.47, a PEG ratio of 1.72 and a beta of 1.16. The firm’s 50-day moving average is $165.25 and its 200-day moving average is $169.24. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.52.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 EPS for the quarter, topping analysts’ consensus estimates of $2.25 by $0.11. The business had revenue of $472.00 million during 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%.Armstrong World Industries’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter last year, the company posted $2.09 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. Sell-side analysts predict that Armstrong World Industries, Inc. will post 8.39 EPS for the current year.

Armstrong World Industries announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, July 21st that allows the company to buyback $800.00 million in shares. This buyback authorization allows the construction company to buy up to 12.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Armstrong World Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th were issued a dividend of $0.339 per share. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. Armstrong World Industries’s payout ratio is presently 18.63%.

Armstrong World Industries News Roundup

Here are the key news stories impacting Armstrong World Industries this week:

• Positive Sentiment: Zacks increased its estimates for third-quarter 2026 EPS to $2.36 from $2.30, fourth-quarter 2026 EPS to $1.97 from $1.96, and first-quarter 2027 EPS to $2.18 from $2.16. Armstrong World Industries analyst estimates
• Positive Sentiment: Forecasts for the second and third quarters of 2027 also rose, with EPS estimates increasing to $2.51 from $2.42 and $2.49 from $2.43, respectively. The fourth-quarter 2027 estimate increased to $2.19 from $2.15.
• Positive Sentiment: Zacks lifted its full-year 2027 EPS forecast to $9.38 from $9.16 and its full-year 2028 forecast to $10.12 from $9.91. It also raised first-quarter 2028 EPS to $2.40 from $2.37 and second-quarter 2028 EPS to $2.67 from $2.57.
• Neutral Sentiment: The current-year analyst consensus remains $8.39 per share, while Zacks’ revisions primarily affect future periods. Investors will look for confirmation in upcoming results and guidance.

Analyst Upgrades and Downgrades

AWI has been the topic of several recent analyst reports. Evercore set a $200.00 price target on Armstrong World Industries in a research report on Tuesday, April 28th. Weiss Ratings downgraded Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. UBS Group reissued a “neutral” rating and issued a $203.00 price objective on shares of Armstrong World Industries in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $190.00 target price on shares of Armstrong World Industries in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $213.00.

Armstrong World Industries 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.