Algert Global LLC Sells 48,951 Shares of Armstrong World Industries, Inc. $AWI

Key Points

• Algert Global reduced its Armstrong World Industries stake by 44.1%, selling 48,951 shares and retaining 62,110 shares valued at approximately $9.96 million. Institutional investors collectively own 98.93% of AWI.
• Armstrong reported quarterly EPS of $2.36, exceeding estimates of $2.25, while revenue rose 11.2% year over year to $472 million. The company maintained fiscal 2026 EPS guidance of $8.30–$8.50.
• The board authorized an $800 million share repurchase program, covering up to 12.3% of outstanding shares, and declared a quarterly dividend of $0.339 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $213.25.

Algert Global LLC cut its stake in Armstrong World Industries, Inc. (NYSE:AWI - Free Report) by 44.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,110 shares of the construction company's stock after selling 48,951 shares during the period. Algert Global LLC owned 0.15% of Armstrong World Industries worth $9,964,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Larson Financial Group LLC lifted its stake 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 during the period. MQS Management LLC grew its stake in Armstrong World Industries by 4.4% in the first quarter. MQS Management LLC now owns 1,474 shares of the construction company's stock worth $243,000 after purchasing an additional 62 shares during the period. Advisory Services Network LLC raised its holdings in Armstrong World Industries by 4.3% in the fourth quarter. Advisory Services Network LLC now owns 1,700 shares of the construction company's stock worth $325,000 after purchasing an additional 70 shares in the last quarter. Interchange Capital Partners LLC raised its holdings in Armstrong World Industries by 6.1% in the fourth quarter. Interchange Capital Partners LLC now owns 1,292 shares of the construction company's stock worth $247,000 after purchasing an additional 74 shares in the last quarter. Finally, US Bancorp DE lifted its position in Armstrong World Industries by 18.4% during the third quarter. US Bancorp DE now owns 509 shares of the construction company's stock valued at $100,000 after buying an additional 79 shares during the period. 98.93% of the stock is owned by institutional investors.

Armstrong World Industries Stock Up 1.0%

AWI opened at $179.97 on Wednesday. The stock has a market capitalization of $7.61 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 1.73 and a beta of 1.16. The firm has a 50 day moving average price of $167.09 and a 200-day moving average price of $169.01. Armstrong World Industries, Inc. has a twelve month low of $150.28 and a twelve month high of $206.08. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58.

Armstrong World Industries (NYSE:AWI - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.25 by $0.11. Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%.The business had revenue of $472.00 million during the quarter, compared to the consensus estimate of $461.67 million. During the same period in the previous year, the company posted $2.09 EPS. The business's quarterly revenue was up 11.2% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. Equities research analysts forecast that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current year.

Armstrong World Industries Dividend Announcement

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

Armstrong World Industries announced that its Board of Directors has initiated 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 repurchase up to 12.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

AWI has been the topic of a number of recent research reports. DA Davidson initiated coverage on shares of Armstrong World Industries in a research report on Monday. They issued a "buy" rating and a $215.00 target price on the stock. Evercore set a $200.00 price target on shares of Armstrong World Industries in a research report on Tuesday, April 28th. Weiss Ratings lowered shares of Armstrong World Industries from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 4th. UBS Group restated a "neutral" rating and issued a $203.00 price objective on shares of Armstrong World Industries in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $190.00 target price on shares of Armstrong World Industries in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $213.25.

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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