Capital International Inc. CA Has $8.15 Million Position in Armstrong World Industries, Inc. $AWI

Capital International Inc. CA lifted its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 22.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 41,590 shares of the construction company’s stock after buying an additional 7,559 shares during the period. Capital International Inc. CA’s holdings in Armstrong World Industries were worth $8,152,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealth Alliance LLC boosted its position in shares of Armstrong World Industries by 2.5% during the 2nd quarter. Wealth Alliance LLC now owns 2,339 shares of the construction company’s stock valued at $380,000 after purchasing an additional 56 shares in the last quarter. Blue Trust Inc. increased its holdings in Armstrong World Industries by 4.2% in the third quarter. Blue Trust Inc. now owns 1,548 shares of the construction company’s stock worth $303,000 after purchasing an additional 63 shares in the last quarter. Archer Investment Corp increased its holdings in Armstrong World Industries by 8.5% in the third quarter. Archer Investment Corp now owns 868 shares of the construction company’s stock worth $170,000 after purchasing an additional 68 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Armstrong World Industries by 32.9% in the third quarter. Parkside Financial Bank & Trust now owns 295 shares of the construction company’s stock valued at $58,000 after buying an additional 73 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in Armstrong World Industries by 9.7% in the third quarter. Smartleaf Asset Management LLC now owns 874 shares of the construction company’s stock valued at $169,000 after buying an additional 77 shares during the period. 98.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AWI. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Armstrong World Industries in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $211.43.

Armstrong World Industries Stock Performance

Shares of Armstrong World Industries stock opened at $166.83 on Wednesday. The business has a 50-day simple moving average of $188.91 and a 200 day simple moving average of $191.13. Armstrong World Industries, Inc. has a one year low of $122.37 and a one year high of $206.08. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.46 and a quick ratio of 1.00. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of 23.56, a PEG ratio of 1.84 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). Armstrong World Industries had a return on equity of 37.80% and a net margin of 19.05%.The firm had revenue of $388.30 million during the quarter, compared to the consensus estimate of $400.87 million. During the same quarter in the previous year, the company posted $1.50 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. On average, research analysts anticipate that Armstrong World Industries, Inc. will post 6.18 earnings per share for the current fiscal year.

Armstrong World Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be issued a $0.339 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, March 5th. Armstrong World Industries’s dividend payout ratio (DPR) is currently 19.21%.

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.