GSA Capital Partners LLP purchased a new position in shares of Armstrong World Industries, Inc. (NYSE:AWI – Free Report) during the second quarter, HoldingsChannel reports. The firm purchased 3,850 shares of the construction company’s stock, valued at approximately $618,000.
A number of other institutional investors have also recently made changes to their positions in the stock. Bank of Montreal Can increased its stake in shares of Armstrong World Industries by 18,679.7% in the fourth quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after buying an additional 1,272,275 shares during the period. Norges Bank acquired a new position in shares of Armstrong World Industries in the fourth quarter worth approximately $107,716,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Armstrong World Industries by 33,007.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 473,104 shares of the construction company’s stock worth $90,410,000 after acquiring an additional 471,675 shares during the period. SurgoCap Partners LP bought a new stake in Armstrong World Industries in the fourth quarter valued at approximately $72,020,000. Finally, AQR Capital Management LLC boosted its holdings in Armstrong World Industries by 64.1% in the third quarter. AQR Capital Management LLC now owns 891,336 shares of the construction company’s stock valued at $173,775,000 after acquiring an additional 348,327 shares during the last quarter. Institutional investors own 98.93% of the company’s stock.
More Armstrong World Industries News
Here are the key news stories impacting Armstrong World Industries this week:
- Positive Sentiment: Zacks increased its FY2026 EPS estimate to $8.38 from $8.29, close to the broader consensus of $8.39. The firm also lifted estimates for Q3 2026 to $2.36, FY2027 to $9.38 from $9.16, and FY2028 to $10.12 from $9.91.
- Positive Sentiment: Several quarterly estimates were raised, including Q4 2026 to $1.97, Q1 2027 to $2.18, Q2 2027 to $2.51, Q3 2027 to $2.49, Q4 2027 to $2.19, Q1 2028 to $2.40 and Q2 2028 to $2.67. The revisions suggest stronger anticipated earnings momentum through 2028.
- Neutral Sentiment: The upgrades are from Zacks Research rather than a change to company guidance. Armstrong’s existing FY2026 guidance remains $8.30-$8.50 EPS, while the consensus forecast is $8.39, so the revisions largely reinforce expectations already reflected in estimates.
Wall Street Analyst Weigh In
View Our Latest Analysis on Armstrong World Industries
Armstrong World Industries Trading Down 0.1%
NYSE AWI opened at $178.39 on Friday. The stock has a market capitalization of $7.54 billion, a P/E ratio of 24.44, a P/E/G ratio of 1.74 and a beta of 1.16. The business has a 50 day simple moving average of $165.72 and a 200 day simple moving average of $169.20. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.52 and a quick ratio of 1.06. Armstrong World Industries, Inc. has a one year low of $150.28 and a one year high of $206.08.
Armstrong World Industries (NYSE:AWI – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 37.35% and a net margin of 18.60%.The company’s revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.09 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. Research analysts expect that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current year.
Armstrong World Industries declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, July 21st that authorizes the company to buyback $800.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 12.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.
Armstrong World Industries Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th were paid a dividend of $0.339 per share. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 annualized dividend and a yield of 0.8%. Armstrong World Industries’s dividend payout ratio is currently 18.63%.
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.
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