Armstrong World Industries (NYSE:AWI) Stock Price Target Lowered at JPMorgan Chase & Co.

Armstrong World Industries (NYSE:AWI) had its price objective lowered by analysts at JPMorgan Chase & Co. from $220.00 to $200.00 in a report issued on Wednesday, Benzinga reports. The firm currently has an “overweight” rating on the construction company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 27.53% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings raised shares of Armstrong World Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. DA Davidson set a $200.00 price target on shares of Armstrong World Industries in a research note on Wednesday. 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. UBS Group set a $210.00 price objective on Armstrong World Industries in a research report on Tuesday. Finally, Truist Financial cut their price objective on Armstrong World Industries from $230.00 to $210.00 and set a “buy” rating for the company in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Armstrong World Industries has an average rating of “Moderate Buy” and an average price target of $205.62.

Armstrong World Industries Price Performance

AWI traded up $1.47 during trading on Wednesday, reaching $156.83. 504,836 shares of the company traded hands, compared to its average volume of 473,770. The company has a market cap of $6.63 billion, a P/E ratio of 21.43, a PEG ratio of 1.64 and a beta of 1.16. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.52. Armstrong World Industries has a 12-month low of $150.28 and a 12-month high of $206.04. The firm has a fifty day simple moving average of $167.19 and a 200 day simple moving average of $170.37.

Armstrong World Industries (NYSE:AWI) last released its earnings results on Tuesday, October 27th. The construction company reported $2.26 EPS for the quarter, missing the consensus estimate of $2.39 by ($0.13). Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%. The company had revenue of $475.80 million during the quarter, compared to analysts’ expectations of $472.62 million. During the same period last year, the firm posted $2.05 EPS. Armstrong World Industries’s quarterly revenue was up 11.9% compared to the same quarter last year. On average, equities analysts forecast that Armstrong World Industries will post 8.39 EPS for the current year.

Armstrong World Industries announced that its Board of Directors has initiated a share repurchase plan on Tuesday, July 21st that authorizes the company to buy back $800 million in shares. This buyback authorization authorizes the construction company to reacquire up to 12.3% of its shares through open market purchases. Stock buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Armstrong World Industries

Large investors have recently modified their holdings of the stock. Choreo LLC lifted its position in Armstrong World Industries by 40.7% in the third quarter. Choreo LLC now owns 3,501 shares of the construction company’s stock worth $567,000 after buying an additional 1,013 shares during the last quarter. Childress Capital Advisors LLC purchased a new position in Armstrong World Industries during the third quarter worth $241,000. BOKF NA increased its position in Armstrong World Industries by 0.9% during the third quarter. BOKF NA now owns 13,273 shares of the construction company’s stock valued at $2,149,000 after acquiring an additional 122 shares during the last quarter. Schwartz Investment Counsel Inc. increased its position in Armstrong World Industries by 1.4% during the third quarter. Schwartz Investment Counsel Inc. now owns 79,075 shares of the construction company’s stock valued at $12,805,000 after acquiring an additional 1,075 shares during the last quarter. Finally, Live Oak Investment Partners increased its position in Armstrong World Industries by 1.6% during the third quarter. Live Oak Investment Partners now owns 8,308 shares of the construction company’s stock valued at $1,345,000 after acquiring an additional 127 shares during the last quarter. Institutional investors own 98.93% of the company’s stock.

Armstrong World Industries News Roundup

Here are the key news stories impacting Armstrong World Industries this week:

• Positive Sentiment: Third-quarter net sales increased 11.9% year over year to $475.8 million, exceeding analysts’ expectations of approximately $472.6 million. Adjusted EBITDA also rose 11.0% to $164 million, while earnings increased from $2.05 to $2.26 per share. Armstrong World Industries Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial lowered its price target from $230 to $210 but maintained a Buy rating, implying substantial upside from recent trading levels. The target reduction appears to reflect a more cautious earnings outlook rather than a change to the firm’s positive long-term view. Truist Financial Price Target Update
• Positive Sentiment: Armstrong World increased its dividend by 10%, signaling management confidence in cash generation and shareholder returns. What Is Armstrong World Telling Investors With Its 10% Dividend Hike?
• Neutral Sentiment: The company’s 2026 sales outlook of $1.79 billion to $1.80 billion is broadly in line with analyst expectations, suggesting demand remains solid. Armstrong World 2026 Sales Outlook
• Negative Sentiment: Adjusted EPS of $2.26 missed consensus estimates ranging from $2.35 to $2.39. Investors reacted negatively because stronger revenue did not translate into sufficient profitability. Armstrong World Q3 Earnings Miss Estimates
• Negative Sentiment: Management narrowed and reduced its 2026 adjusted EBITDA outlook to $602 million-$612 million from $605 million-$620 million, while the EPS range was narrowed to $8.30-$8.40 from $8.30-$8.50. The company cited inflationary pressures, unfavorable Mineral Fiber product mix and weaker contributions from acquisitions. Armstrong World Q3 Profit Miss and Softer Outlook

About Armstrong World Industries

Armstrong World Industries, Inc is a building products company that designs and manufactures ceiling, wall and other architectural solutions. Its products are used in commercial, institutional and residential spaces to support acoustical performance, interior design, comfort and functionality.

The company’s offerings include mineral fiber, fiberglass, metal and wood ceilings; suspension systems; acoustical clouds and canopies; wall systems; partitions; and specialty architectural products.