Capital International Inc. CA Has $8.15 Million Position in Armstrong World Industries, Inc. $AWI

Capital International Inc. CA increased its stake in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 22.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,590 shares of the construction company’s stock after purchasing an additional 7,559 shares during the quarter. Capital International Inc. CA owned approximately 0.10% of Armstrong World Industries worth $8,152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alps Advisors Inc. increased its stake in shares of Armstrong World Industries by 1,317.0% in the third quarter. Alps Advisors Inc. now owns 36,418 shares of the construction company’s stock valued at $7,138,000 after buying an additional 33,848 shares during the period. Public Sector Pension Investment Board boosted its position in Armstrong World Industries by 10.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 208,870 shares of the construction company’s stock worth $40,941,000 after buying an additional 20,280 shares during the period. Schroder Investment Management Group boosted its position in Armstrong World Industries by 3.3% during the 2nd quarter. Schroder Investment Management Group now owns 177,232 shares of the construction company’s stock worth $28,790,000 after buying an additional 5,730 shares during the period. Adage Capital Partners GP L.L.C. grew its holdings in Armstrong World Industries by 121.3% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 737,000 shares of the construction company’s stock worth $119,718,000 after acquiring an additional 404,000 shares during the last quarter. Finally, Calamos Advisors LLC bought a new stake in Armstrong World Industries during the 3rd quarter worth approximately $2,055,000. Institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Price Performance

Armstrong World Industries stock opened at $166.83 on Wednesday. The stock’s 50 day moving average is $188.91 and its 200 day moving average is $191.13. Armstrong World Industries, Inc. has a one year low of $122.37 and a one year high of $206.08. The firm has a market cap of $7.15 billion, a P/E ratio of 23.56, a P/E/G ratio of 1.84 and a beta of 1.33. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.46 and a quick ratio of 1.00.

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

Armstrong World Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.339 per share. The ex-dividend date is Thursday, March 5th. This represents a $1.36 annualized dividend and a dividend yield of 0.8%. Armstrong World Industries’s dividend payout ratio is 19.21%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AWI. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research note on Wednesday, February 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Armstrong World Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.43.

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.