Tudor Investment Corp ET AL Has $19.84 Million Stock Position in Armstrong World Industries, Inc. $AWI

Tudor Investment Corp ET AL cut its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 54.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,227 shares of the construction company’s stock after selling 119,607 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Armstrong World Industries were worth $19,842,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allworth Financial LP raised its stake in Armstrong World Industries by 95.2% during the third quarter. Allworth Financial LP now owns 1,210 shares of the construction company’s stock worth $237,000 after acquiring an additional 590 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Armstrong World Industries by 259.4% during the 3rd quarter. IFP Advisors Inc now owns 363 shares of the construction company’s stock valued at $71,000 after purchasing an additional 262 shares during the last quarter. Swiss Life Asset Management Ltd acquired a new position in Armstrong World Industries during the 3rd quarter worth approximately $408,000. CIBC Private Wealth Group LLC increased its position 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 purchasing an additional 145 shares in the last quarter. Finally, Caerus Investment Advisors LLC acquired a new position in Armstrong World Industries during the 3rd quarter worth approximately $349,000. Institutional investors own 98.93% of the company’s stock.

Wall Street Analyst Weigh In

AWI has been the topic of a number of research reports. 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 report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $211.43.

Armstrong World Industries Stock Down 0.8%

Shares of NYSE AWI opened at $164.05 on Friday. The company has a 50 day simple moving average of $184.46 and a 200 day simple moving average of $189.57. 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, Inc. has a 1 year low of $122.37 and a 1 year high of $206.08. The firm has a market cap of $7.03 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 1.83 and a beta of 1.33.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings results on Tuesday, February 24th. The construction company reported $1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.06). The business had revenue of $388.30 million during the quarter, compared to analyst estimates of $400.87 million. Armstrong World Industries had a net margin of 19.05% and a return on equity of 37.80%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.50 earnings per share. 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 year.

Armstrong World Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were issued a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, March 5th. Armstrong World Industries’s dividend payout ratio is presently 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.