Armstrong World Industries, Inc. $AWI Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its stake in Armstrong World Industries, Inc. (NYSE:AWI) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 326,059 shares of the construction company’s stock after selling 21,972 shares during the period. Natixis Advisors LLC’s holdings in Armstrong World Industries were worth $63,911,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of AWI. Root Financial Partners LLC purchased a new stake in shares of Armstrong World Industries in the third quarter worth about $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in Armstrong World Industries during the 2nd quarter worth approximately $32,000. Ameriflex Group Inc. acquired a new stake in Armstrong World Industries in the third quarter valued at approximately $35,000. Bessemer Group Inc. boosted its stake in shares of Armstrong World Industries by 70.0% in the third quarter. Bessemer Group Inc. now owns 221 shares of the construction company’s stock valued at $44,000 after purchasing an additional 91 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in Armstrong World Industries during the 2nd quarter valued at $46,000. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Trading Down 1.9%

NYSE:AWI opened at $168.52 on Monday. The company has a market cap of $7.22 billion, a PE ratio of 23.80, a P/E/G ratio of 1.86 and a beta of 1.33. The business’s 50 day moving average is $189.93 and its two-hundred day moving average is $191.54. The company has a quick ratio of 1.00, a current ratio of 1.46 and a debt-to-equity ratio of 0.48. Armstrong World Industries, Inc. has a 52 week low of $122.37 and a 52 week high of $206.08.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings results on Tuesday, February 24th. The construction company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.06). Armstrong World Industries had a net margin of 19.05% and a return on equity of 37.80%. The firm had revenue of $388.30 million for the quarter, compared to analyst estimates of $400.87 million. During the same period in the prior year, the company posted $1.50 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. On average, analysts predict that Armstrong World Industries, Inc. will post 6.18 EPS for the current year.

Armstrong World Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be paid a dividend of $0.339 per share. The ex-dividend date is Thursday, March 5th. This represents a $1.36 annualized dividend and a yield of 0.8%. Armstrong World Industries’s dividend payout ratio is 19.21%.

Analyst Upgrades and Downgrades

AWI has been the topic of several analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Armstrong World Industries in a research note on Wednesday, January 21st. Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $211.43.

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.