HUB Investment Partners LLC Buys Shares of 3,262 Armstrong World Industries, Inc. $AWI

HUB Investment Partners LLC bought a new stake in Armstrong World Industries, Inc. (NYSE:AWI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,262 shares of the construction company’s stock, valued at approximately $639,000.

A number of other hedge funds have also made changes to their positions in AWI. Root Financial Partners LLC acquired a new stake in shares of Armstrong World Industries during the third quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in Armstrong World Industries in the 2nd quarter valued at approximately $32,000. Bessemer Group Inc. lifted its position in Armstrong World Industries by 70.0% in the 3rd quarter. Bessemer Group Inc. now owns 221 shares of the construction company’s stock worth $44,000 after buying an additional 91 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in Armstrong World Industries by 4,860.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 248 shares of the construction company’s stock worth $49,000 after buying an additional 243 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of Armstrong World Industries during the 2nd quarter valued at $46,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a report on Wednesday, January 21st. Jefferies Financial Group reiterated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Armstrong World Industries presently has an average rating of “Moderate Buy” and an average price target of $211.43.

Armstrong World Industries Trading Down 1.9%

NYSE:AWI opened at $168.52 on Monday. The stock’s 50 day moving average price is $189.93 and its 200 day moving average price is $191.54. Armstrong World Industries, Inc. has a 52 week low of $122.37 and a 52 week high of $206.08. The company has a market capitalization of $7.22 billion, a P/E ratio of 23.80, a P/E/G ratio of 1.86 and a beta of 1.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 1.46.

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

Armstrong World Industries Announces Dividend

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

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.