Armstrong World Industries, Inc. $AWI is Rice Hall James & Associates LLC’s 10th Largest Position

Rice Hall James & Associates LLC trimmed its position in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 172,974 shares of the construction company’s stock after selling 3,688 shares during the quarter. Armstrong World Industries accounts for approximately 1.8% of Rice Hall James & Associates LLC’s investment portfolio, making the stock its 10th largest position. Rice Hall James & Associates LLC owned 0.40% of Armstrong World Industries worth $33,055,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of AWI. Larson Financial Group LLC boosted its stake in Armstrong World Industries by 77.0% during the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after buying an additional 57 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in Armstrong World Industries during the fourth quarter worth $27,000. Cullen Frost Bankers Inc. boosted its stake 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 buying an additional 98 shares during the period. Ameriflex Group Inc. purchased a new position in Armstrong World Industries during the third quarter worth $35,000. Finally, CIBC Private Wealth Group LLC boosted its stake 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 buying an additional 145 shares during the period. 98.93% of the stock is owned by hedge funds and other institutional investors.

Armstrong World Industries Trading Up 1.4%

Shares of NYSE AWI opened at $156.30 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.56. The business has a fifty day simple moving average of $164.20 and a two-hundred day simple moving average of $177.26. The firm has a market cap of $6.67 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 1.67 and a beta of 1.17. Armstrong World Industries, Inc. has a twelve month low of $149.06 and a twelve month high of $206.08.

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

Armstrong World Industries Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on AWI shares. Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Evercore set a $200.00 price objective on Armstrong World Industries in a report on Tuesday, April 28th. Weiss Ratings cut Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. UBS Group dropped their price objective on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Finally, Bank of America dropped their price objective on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $211.86.

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.