Armstrong World Industries (NYSE:AWI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.050-8.350 for the period, compared to the consensus earnings per share estimate of 8.450. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.
Analyst Upgrades and Downgrades
AWI has been the subject of several recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a report on Wednesday, January 21st. Wall Street Zen downgraded Armstrong World Industries from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. JPMorgan Chase & Co. boosted their price objective on Armstrong World Industries from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. Finally, UBS Group upped their target price on Armstrong World Industries from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.50.
Check Out Our Latest Stock Analysis on Armstrong World Industries
Armstrong World Industries Stock Performance
Armstrong World Industries (NYSE:AWI – Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The construction company reported $1.61 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.06). Armstrong World Industries had a net margin of 19.08% and a return on equity of 38.97%. The business had revenue of $388.30 million during the quarter, compared to analysts’ expectations of $400.87 million. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. Analysts expect that Armstrong World Industries will post 6.18 EPS for the current fiscal year.
Armstrong World Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders 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 dividend on an annualized basis and a yield of 0.7%. Armstrong World Industries’s dividend payout ratio is currently 19.31%.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Bank of Montreal Can lifted its stake in Armstrong World Industries by 18,679.7% in the 4th quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after buying an additional 1,272,275 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Armstrong World Industries by 64.1% in the third quarter. AQR Capital Management LLC now owns 891,336 shares of the construction company’s stock valued at $173,775,000 after acquiring an additional 348,327 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of Armstrong World Industries by 1,074.2% in the fourth quarter. Deutsche Bank AG now owns 230,010 shares of the construction company’s stock worth $43,955,000 after acquiring an additional 210,421 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of Armstrong World Industries by 1,219.2% during the fourth quarter. Corient Private Wealth LLC now owns 197,508 shares of the construction company’s stock worth $37,744,000 after purchasing an additional 182,536 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Armstrong World Industries by 87.8% during the third quarter. Ameriprise Financial Inc. now owns 365,774 shares of the construction company’s stock worth $71,695,000 after purchasing an additional 170,983 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.
Armstrong World Industries Company 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.
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