William Blair Investment Management LLC Sells 12,301 Shares of Armstrong World Industries, Inc. $AWI

William Blair Investment Management LLC lowered its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 9.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 121,752 shares of the construction company’s stock after selling 12,301 shares during the quarter. William Blair Investment Management LLC’s holdings in Armstrong World Industries were worth $23,267,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of Armstrong World Industries in the 3rd quarter valued at about $25,000. Larson Financial Group LLC raised its holdings in shares of Armstrong World Industries by 77.0% in 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 in the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Armstrong World Industries by 124.1% in the 4th quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock valued at $34,000 after purchasing an additional 98 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of Armstrong World Industries in the 3rd quarter valued at about $35,000. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of Armstrong World Industries by 426.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company’s stock valued at $35,000 after purchasing an additional 145 shares in the last quarter. Institutional investors own 98.93% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on AWI shares. UBS Group reduced their price target on shares of Armstrong World Industries from $200.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Jefferies Financial Group restated a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Evercore set a $200.00 price target on shares of Armstrong World Industries in a report on Tuesday, April 28th. Bank of America cut their price objective on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Armstrong World Industries in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Armstrong World Industries has a consensus rating of “Moderate Buy” and an average target price of $211.86.

Armstrong World Industries Trading Up 0.1%

NYSE AWI opened at $157.59 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.56. The firm has a market cap of $6.73 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 1.71 and a beta of 1.21. The company has a 50 day moving average price of $167.25 and a 200 day moving average price of $180.40. Armstrong World Industries, Inc. has a 52 week low of $149.06 and a 52 week high of $206.08.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings data on Tuesday, April 28th. The construction company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.82 by ($0.13). The firm had revenue of $409.90 million for the quarter, compared to the consensus estimate of $409.46 million. Armstrong World Industries had a return on equity of 36.71% and a net margin of 18.59%.The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.66 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.150-8.450 EPS. As a group, sell-side analysts forecast that Armstrong World Industries, Inc. will post 8.31 EPS for the current fiscal year.

Armstrong World Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th will be given a dividend of $0.339 per share. This represents a $1.36 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, May 11th. Armstrong World Industries’s payout ratio is currently 19.29%.

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.