Armstrong World Industries (NYSE:AWI) Posts Earnings Results, Misses Expectations By $0.06 EPS

Armstrong World Industries (NYSE:AWI) announced its earnings results on Tuesday. The construction company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.06), FiscalAI reports. 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 19.08% and a return on equity of 38.97%. Armstrong World Industries updated its FY 2026 guidance to 8.050-8.350 EPS.

Armstrong World Industries Price Performance

AWI opened at $192.15 on Tuesday. The company has a fifty day moving average price of $192.88 and a two-hundred day moving average price of $192.88. The firm has a market capitalization of $8.29 billion, a PE ratio of 27.49, a P/E/G ratio of 1.73 and a beta of 1.33. Armstrong World Industries has a 52 week low of $122.37 and a 52 week high of $206.08. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.04 and a current ratio of 1.52.

Armstrong World Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be issued a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 5th. Armstrong World Industries’s payout ratio is currently 19.31%.

Institutional Investors Weigh In On Armstrong World Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AWI. Invesco Ltd. lifted its stake in Armstrong World Industries by 6.4% in the fourth quarter. Invesco Ltd. now owns 807,605 shares of the construction company’s stock valued at $154,333,000 after buying an additional 48,925 shares during the period. Corient Private Wealth LLC raised its position in shares of Armstrong World Industries by 1,219.2% in the 4th quarter. Corient Private Wealth LLC now owns 197,508 shares of the construction company’s stock valued at $37,744,000 after acquiring an additional 182,536 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Armstrong World Industries by 11.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 17,148 shares of the construction company’s stock valued at $3,277,000 after acquiring an additional 1,829 shares during the period. Vident Advisory LLC boosted its stake in Armstrong World Industries by 6.8% during the 4th quarter. Vident Advisory LLC now owns 17,658 shares of the construction company’s stock worth $3,374,000 after acquiring an additional 1,130 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its holdings in Armstrong World Industries by 3.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 21,735 shares of the construction company’s stock valued at $3,994,000 after purchasing an additional 642 shares during the period. Institutional investors own 98.93% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on AWI. UBS Group boosted their target price on shares of Armstrong World Industries from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. 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 report on Sunday, November 2nd. Finally, JPMorgan Chase & Co. increased their price objective on Armstrong World Industries from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. One 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $207.50.

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.