SurgoCap Partners LP Takes $72.02 Million Position in Armstrong World Industries, Inc. $AWI

SurgoCap Partners LP acquired a new position in shares of Armstrong World Industries, Inc. (NYSE:AWI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 376,869 shares of the construction company’s stock, valued at approximately $72,020,000. Armstrong World Industries comprises 2.0% of SurgoCap Partners LP’s holdings, making the stock its 15th biggest position. SurgoCap Partners LP owned about 0.87% of Armstrong World Industries at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC grew its stake in Armstrong World Industries by 77.0% during the 4th 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 last quarter. Eurizon Capital SGR S.p.A. bought a new position in Armstrong World Industries during the 4th quarter worth $27,000. Cullen Frost Bankers Inc. grew its stake in Armstrong World Industries by 124.1% during the 4th 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 last quarter. CIBC Private Wealth Group LLC grew its stake 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 buying an additional 145 shares during the last quarter. Finally, Ameriflex Group Inc. bought a new position in Armstrong World Industries during the 3rd quarter worth $35,000. 98.93% of the stock is currently owned by institutional investors.

Armstrong World Industries Trading Up 1.4%

Shares of Armstrong World Industries stock 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 firm has a market cap of $6.67 billion, a price-to-earnings ratio of 22.17, a price-to-earnings-growth ratio of 1.67 and a beta of 1.17. The business has a fifty day simple moving average of $164.20 and a 200-day simple moving average of $177.26. Armstrong World Industries, Inc. has a fifty-two week low of $149.06 and a fifty-two week high of $206.08.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.82 by ($0.13). The firm had revenue of $409.90 million during 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%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.66 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. On average, equities analysts forecast that Armstrong World Industries, Inc. will post 8.31 EPS for the current fiscal year.

Armstrong World Industries Announces Dividend

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

Analysts Set New Price Targets

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