220,034 Shares in Armstrong World Industries, Inc. $AWI Bought by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 220,034 shares of Armstrong World Industries in the second quarter, valued at approximately $35.3 million, giving it a 0.52% stake. Institutional investors collectively own 98.93% of AWI.
• Armstrong reported quarterly EPS of $2.36, beating estimates of $2.25, while revenue rose 11.2% year over year to $472 million. The company issued fiscal 2026 EPS guidance of $8.30–$8.50.
• The board approved an $800 million share-repurchase program covering up to 12.3% of outstanding shares. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $213, versus a recent share price of $179.01.

Deutsche Bank AG acquired a new position in Armstrong World Industries, Inc. (NYSE:AWI - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 220,034 shares of the construction company's stock, valued at approximately $35,298,000. Deutsche Bank AG owned about 0.52% of Armstrong World Industries as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Capital International Investors raised its holdings in shares of Armstrong World Industries by 1.0% during the fourth quarter. Capital International Investors now owns 2,321,993 shares of the construction company's stock valued at $443,736,000 after acquiring an additional 23,133 shares in the last quarter. Bank of Montreal Can grew its holdings in Armstrong World Industries by 18,679.7% in the fourth quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company's stock worth $244,433,000 after purchasing an additional 1,272,275 shares during the period. Geode Capital Management LLC grew its holdings in Armstrong World Industries by 6.5% in the fourth quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company's stock worth $194,027,000 after purchasing an additional 61,647 shares during the period. AQR Capital Management LLC increased its stake in shares of Armstrong World Industries by 7.8% during the fourth quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company's stock valued at $183,682,000 after purchasing an additional 69,849 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Armstrong World Industries by 6.4% in the 4th quarter. Invesco Ltd. now owns 807,605 shares of the construction company's stock worth $154,333,000 after purchasing an additional 48,925 shares in the last quarter. 98.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AWI has been the topic of a number of analyst reports. Evercore set a $200.00 price target on shares of Armstrong World Industries in a research note on Tuesday, April 28th. UBS Group restated a "neutral" rating and issued a $203.00 target price on shares of Armstrong World Industries in a report on Wednesday, July 29th. Jefferies Financial Group reiterated a "hold" rating and set a $190.00 price objective on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Finally, Weiss Ratings cut Armstrong World Industries from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $213.00.

Armstrong World Industries Price Performance

Shares of NYSE:AWI opened at $179.01 on Friday. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 24.52, a P/E/G ratio of 1.73 and a beta of 1.16. Armstrong World Industries, Inc. has a fifty-two week low of $150.28 and a fifty-two week high of $206.08. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.52. The firm has a fifty day moving average price of $166.21 and a 200 day moving average price of $169.27.

Armstrong World Industries (NYSE:AWI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The construction company reported $2.36 EPS 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 analyst estimates of $461.67 million. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. Armstrong World Industries's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.09 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, sell-side analysts expect that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current fiscal year.

Armstrong World Industries declared that its Board of Directors has approved a share buyback program on Tuesday, July 21st that permits the company to repurchase $800.00 million in shares. This repurchase authorization permits the construction company to purchase up to 12.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

Armstrong World Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 5th were paid a dividend of $0.339 per share. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. Armstrong World Industries's dividend payout ratio (DPR) is currently 18.63%.

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.

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