Brokerages Set Armstrong World Industries, Inc. (NYSE:AWI) PT at $211.86

Shares of Armstrong World Industries, Inc. (NYSE:AWI) have received an average rating of “Moderate Buy” from the ten research firms that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $211.8571.

A number of equities research analysts have commented on the company. Jefferies Financial Group reiterated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a research note on Monday, April 20th. Evercore set a $200.00 price target on Armstrong World Industries in a research note on Tuesday, April 28th. Bank of America reduced their price target on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, UBS Group reduced their price target on Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Capital International Investors increased its holdings in Armstrong World Industries by 1.0% in the 4th quarter. Capital International Investors now owns 2,321,993 shares of the construction company’s stock valued at $443,736,000 after purchasing an additional 23,133 shares in the last quarter. Bank of Montreal Can increased its holdings in Armstrong World Industries by 18,679.7% in the 4th quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after purchasing an additional 1,272,275 shares in the last quarter. Geode Capital Management LLC increased its holdings in Armstrong World Industries by 6.5% in the 4th quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company’s stock valued at $194,027,000 after purchasing an additional 61,647 shares in the last quarter. AQR Capital Management LLC increased its holdings in Armstrong World Industries by 7.8% in the 4th quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company’s stock valued at $183,682,000 after purchasing an additional 69,849 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Armstrong World Industries by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 860,799 shares of the construction company’s stock valued at $168,716,000 after purchasing an additional 2,799 shares in the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Price Performance

Shares of NYSE:AWI opened at $153.40 on Monday. The business’s fifty day moving average price is $165.82 and its two-hundred day moving average price is $178.86. The stock has a market cap of $6.55 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 1.66 and a beta of 1.17. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.04 and a current ratio of 1.54. Armstrong World Industries has a one year low of $149.06 and a one year high of $206.08.

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

Armstrong World Industries Dividend Announcement

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

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.