Pallas Capital Advisors LLC Takes $580,000 Position in Armstrong World Industries, Inc. $AWI

Pallas Capital Advisors LLC acquired a new stake in Armstrong World Industries, Inc. (NYSE:AWI) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,617 shares of the construction company’s stock, valued at approximately $580,000.

Several other hedge funds have also added to or reduced their stakes in the business. Larson Financial Group LLC grew its stake in Armstrong World Industries by 77.0% in the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock valued at $25,000 after acquiring an additional 57 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Armstrong World Industries during the fourth quarter worth about $27,000. Cullen Frost Bankers Inc. raised its position in shares of Armstrong World Industries by 124.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock worth $34,000 after purchasing an additional 98 shares during the period. CIBC Private Wealth Group LLC raised its position in shares of Armstrong World Industries by 426.5% during the third 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 during the period. Finally, Western Wealth Management LLC bought a new position in shares of Armstrong World Industries during the 1st quarter valued at about $38,000. Institutional investors and hedge funds own 98.93% of the company’s stock.

Armstrong World Industries Stock Performance

AWI opened at $178.66 on Thursday. The business’s 50-day moving average price is $165.25 and its two-hundred day moving average price is $169.24. Armstrong World Industries, Inc. has a 1 year low of $150.28 and a 1 year high of $206.08. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 24.47, a P/E/G ratio of 1.72 and a beta of 1.16. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.52 and a quick ratio of 1.06.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings data on Tuesday, July 28th. The construction company reported $2.36 earnings per share for the quarter, topping the consensus estimate of $2.25 by $0.11. The company had revenue of $472.00 million during the quarter, compared to analysts’ expectations of $461.67 million. Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%.Armstrong World Industries’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.09 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. Equities analysts expect that Armstrong World Industries, Inc. will post 8.39 EPS for the current fiscal year.

Armstrong World Industries announced that its board has initiated a share buyback plan on Tuesday, July 21st that allows the company to repurchase $800.00 million in outstanding shares. This repurchase authorization allows the construction company to purchase up to 12.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Armstrong World Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 5th were given a dividend of $0.339 per share. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. Armstrong World Industries’s dividend payout ratio is 18.63%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and issued a $190.00 price objective on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Evercore set a $200.00 target price on shares of Armstrong World Industries in a report on Tuesday, April 28th. UBS Group reaffirmed a “neutral” rating and issued a $203.00 price target on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Finally, Weiss Ratings cut shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Armstrong World Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.00.

Armstrong World Industries News Summary

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

• Positive Sentiment: Zacks increased its estimates for third-quarter 2026 EPS to $2.36 from $2.30, fourth-quarter 2026 EPS to $1.97 from $1.96, and first-quarter 2027 EPS to $2.18 from $2.16. Armstrong World Industries analyst estimates
• Positive Sentiment: Forecasts for the second and third quarters of 2027 also rose, with EPS estimates increasing to $2.51 from $2.42 and $2.49 from $2.43, respectively. The fourth-quarter 2027 estimate increased to $2.19 from $2.15.
• Positive Sentiment: Zacks lifted its full-year 2027 EPS forecast to $9.38 from $9.16 and its full-year 2028 forecast to $10.12 from $9.91. It also raised first-quarter 2028 EPS to $2.40 from $2.37 and second-quarter 2028 EPS to $2.67 from $2.57.
• Neutral Sentiment: The current-year analyst consensus remains $8.39 per share, while Zacks’ revisions primarily affect future periods. Investors will look for confirmation in upcoming results and guidance.

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.