Susquehanna Fundamental Investments LLC Acquires Shares of 6,768 Armstrong World Industries, Inc. $AWI

Susquehanna Fundamental Investments LLC bought a new position in Armstrong World Industries, Inc. (NYSE:AWI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,768 shares of the construction company’s stock, valued at approximately $1,086,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC raised its holdings 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 acquiring an additional 57 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of Armstrong World Industries during the 4th quarter worth about $27,000. Cullen Frost Bankers Inc. increased its stake in shares of 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 purchasing an additional 98 shares during the period. 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. Finally, Western Wealth Management LLC bought a new stake in Armstrong World Industries in the 1st quarter valued at $38,000. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Price Performance

Shares of NYSE AWI opened at $169.10 on Wednesday. Armstrong World Industries, Inc. has a twelve month low of $150.28 and a twelve month high of $206.08. The company has a 50 day moving average of $168.90 and a 200 day moving average of $168.13. The firm has a market cap of $7.15 billion, a P/E ratio of 23.16, a PEG ratio of 1.68 and a beta of 1.17. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58.

Armstrong World Industries (NYSE:AWI) last announced its earnings results on Tuesday, July 28th. The construction company reported $2.36 EPS for the quarter, beating analysts’ consensus estimates of $2.25 by $0.11. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. The business had revenue of $472.00 million during the quarter, compared to analysts’ expectations of $461.67 million. During the same period in the prior year, the company earned $2.09 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, research analysts expect that Armstrong World Industries, Inc. will post 8.39 EPS for the current fiscal year.

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

Armstrong World Industries Announces Dividend

The company also recently declared 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. This represents a $1.36 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, August 5th. Armstrong World Industries’s dividend payout ratio is presently 18.63%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. UBS Group reiterated a “neutral” rating and issued a $203.00 price objective on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Weiss Ratings lowered Armstrong World Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Jefferies Financial Group reissued a “hold” rating and set a $190.00 price objective on shares of Armstrong World Industries in a report on Wednesday, July 29th. Finally, DA Davidson reissued a “buy” rating and set a $215.00 price target on shares of Armstrong World Industries in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Armstrong World Industries presently has an average rating of “Moderate Buy” and a consensus target price of $213.25.

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.