Armstrong World Industries (NYSE:AWI) Announces Quarterly Earnings Results

Armstrong World Industries (NYSE:AWI) released its quarterly earnings results on Tuesday. The construction company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.06), FiscalAI reports. Armstrong World Industries had a return on equity of 38.97% and a net margin of 19.08%.The firm had revenue of $388.30 million for the quarter, compared to analyst estimates of $400.87 million. During the same period last year, the company earned $1.50 EPS. The company’s revenue was up 5.6% compared to the same quarter last year. Armstrong World Industries updated its FY 2026 guidance to 8.050-8.350 EPS.

Armstrong World Industries Stock Down 3.4%

Shares of AWI opened at $192.15 on Tuesday. The firm has a market cap of $8.29 billion, a P/E ratio of 27.49, a price-to-earnings-growth ratio of 1.73 and a beta of 1.33. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.04 and a current ratio of 1.52. Armstrong World Industries has a 52 week low of $122.37 and a 52 week high of $206.08. The firm’s 50-day simple moving average is $192.88 and its 200 day simple moving average is $192.88.

Armstrong World Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be paid a $0.339 dividend. The ex-dividend date is Thursday, March 5th. This represents a $1.36 dividend on an annualized basis and a yield of 0.7%. Armstrong World Industries’s dividend payout ratio is 19.31%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AWI shares. UBS Group increased their price objective on shares of Armstrong World Industries from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. upped their target price on Armstrong World Industries from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a research note on Wednesday, January 21st. Finally, Wall Street Zen cut Armstrong World Industries from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $207.50.

Hedge Funds Weigh In On Armstrong World Industries

Several institutional investors and hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC lifted its holdings in Armstrong World Industries by 426.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company’s stock worth $35,000 after purchasing an additional 145 shares during the last quarter. Headlands Technologies LLC bought a new stake in Armstrong World Industries in the 2nd quarter valued at $46,000. Greenline Wealth Management LLC acquired a new position in Armstrong World Industries in the 4th quarter valued at $81,000. Tower Research Capital LLC TRC grew its holdings in Armstrong World Industries by 283.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 560 shares of the construction company’s stock valued at $91,000 after buying an additional 414 shares in the last quarter. Finally, US Bancorp DE increased its position in Armstrong World Industries by 18.4% during the 3rd quarter. US Bancorp DE now owns 509 shares of the construction company’s stock worth $100,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 98.93% of the company’s stock.

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.