Sei Investments Co. Sells 46,341 Shares of Armstrong World Industries, Inc. $AWI

Sei Investments Co. lessened its position in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 65.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,987 shares of the construction company’s stock after selling 46,341 shares during the quarter. Sei Investments Co.’s holdings in Armstrong World Industries were worth $3,953,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC grew its stake in shares of Armstrong World Industries by 77.0% during the 4th quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock valued at $25,000 after purchasing an additional 57 shares during the period. MQS Management LLC lifted its stake in shares of Armstrong World Industries by 4.4% in the 1st quarter. MQS Management LLC now owns 1,474 shares of the construction company’s stock worth $243,000 after purchasing an additional 62 shares during the period. Advisory Services Network LLC lifted its stake in shares of Armstrong World Industries by 4.3% in the 4th quarter. Advisory Services Network LLC now owns 1,700 shares of the construction company’s stock worth $325,000 after purchasing an additional 70 shares during the period. Interchange Capital Partners LLC lifted its stake in shares of Armstrong World Industries by 6.1% in the 4th quarter. Interchange Capital Partners LLC now owns 1,292 shares of the construction company’s stock worth $247,000 after purchasing an additional 74 shares during the period. Finally, US Bancorp DE boosted its holdings in shares of Armstrong World Industries by 18.4% in the third quarter. US Bancorp DE now owns 509 shares of the construction company’s stock worth $100,000 after buying an additional 79 shares during the last quarter. Institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Stock Down 1.2%

AWI stock opened at $183.86 on Friday. The business’s 50-day moving average price is $160.24 and its 200-day moving average price is $169.61. The stock has a market cap of $7.77 billion, a P/E ratio of 25.19, a PEG ratio of 1.81 and a beta of 1.16. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58. Armstrong World Industries, Inc. has a twelve month low of $150.28 and a twelve month high of $206.08.

Armstrong World Industries (NYSE:AWI) last released its earnings results on Tuesday, July 28th. The construction company reported $2.36 EPS for the quarter, topping analysts’ consensus estimates of $2.25 by $0.11. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. The company had revenue of $472.00 million for the quarter, compared to analysts’ expectations of $461.67 million. During the same quarter last year, the business earned $2.09 EPS. The firm’s revenue was up 11.2% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. On average, equities research analysts forecast that Armstrong World Industries, Inc. will post 8.39 EPS for the current year.

Armstrong World Industries declared that its board has approved a stock repurchase program on Tuesday, July 21st that authorizes the company to repurchase $800.00 million in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 12.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Armstrong World Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 5th will be given a dividend of $0.339 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, August 5th. Armstrong World Industries’s dividend payout ratio (DPR) is presently 18.63%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AWI shares. UBS Group restated a “neutral” rating and set a $203.00 target price on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Evercore set a $200.00 price target on shares of Armstrong World Industries in a research report on Tuesday, April 28th. Jefferies Financial Group reiterated a “hold” rating and set a $190.00 price target on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Weiss Ratings downgraded shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Finally, Bank of America reduced their price objective on Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating for the company in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $213.00.

Armstrong World Industries Profile

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.