Aurora Investment Counsel Invests $1.01 Million in Armstrong World Industries, Inc. $AWI

Key Points

• Aurora Investment Counsel purchased 6,311 shares of Armstrong World Industries valued at approximately $1.01 million, while institutional investors collectively own 98.93% of the company.
• Armstrong exceeded quarterly expectations with $2.36 in EPS and $472 million in revenue, up 11.2% year over year. The company also authorized an $800 million share buyback, representing up to 12.3% of outstanding shares.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $213, while Zacks raised its 2027 and 2028 EPS forecasts to $9.38 and $10.12, respectively.

Aurora Investment Counsel bought a new stake in shares of Armstrong World Industries, Inc. (NYSE:AWI - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,311 shares of the construction company's stock, valued at approximately $1,012,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in shares of Armstrong World Industries by 77.0% during the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company's stock valued at $25,000 after buying an additional 57 shares during the last quarter. MQS Management LLC grew its position in Armstrong World Industries by 4.4% during the 1st quarter. MQS Management LLC now owns 1,474 shares of the construction company's stock worth $243,000 after acquiring an additional 62 shares during the last quarter. Advisory Services Network LLC increased its stake in Armstrong World Industries by 4.3% in the 4th 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 during the period. Interchange Capital Partners LLC increased its stake in Armstrong World Industries by 6.1% in the 4th 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 during the period. Finally, US Bancorp DE lifted its position in Armstrong World Industries by 18.4% in the third quarter. US Bancorp DE now owns 509 shares of the construction company's stock valued at $100,000 after purchasing an additional 79 shares during the last quarter. Institutional investors own 98.93% of the company's stock.

Armstrong World Industries Trading Up 0.8%

NYSE AWI opened at $178.66 on Thursday. 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 stock has a 50 day simple moving average of $165.25 and a two-hundred day simple moving average of $169.24. The stock has a market cap of $7.55 billion, a P/E ratio of 24.47, a price-to-earnings-growth ratio of 1.72 and a beta of 1.16.

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

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

Armstrong World Industries Dividend Announcement

The business also recently announced 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 of this dividend 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 payout ratio is presently 18.63%.

Key Stories Impacting Armstrong World Industries

Here are the key news stories impacting Armstrong World Industries this week:

• Positive Sentiment: Zacks increased its estimates for third-quarter 2026 EPS to $2.36 from $2.30, fourth-quarter 2026 EPS to $1.97 from $1.96, and first-quarter 2027 EPS to $2.18 from $2.16. Armstrong World Industries analyst estimates
• Positive Sentiment: Forecasts for the second and third quarters of 2027 also rose, with EPS estimates increasing to $2.51 from $2.42 and $2.49 from $2.43, respectively. The fourth-quarter 2027 estimate increased to $2.19 from $2.15.
• Positive Sentiment: Zacks lifted its full-year 2027 EPS forecast to $9.38 from $9.16 and its full-year 2028 forecast to $10.12 from $9.91. It also raised first-quarter 2028 EPS to $2.40 from $2.37 and second-quarter 2028 EPS to $2.67 from $2.57.
• Neutral Sentiment: The current-year analyst consensus remains $8.39 per share, while Zacks’ revisions primarily affect future periods. Investors will look for confirmation in upcoming results and guidance.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AWI. Jefferies Financial Group restated a "hold" rating and issued a $190.00 target price on shares of Armstrong World Industries in a report on Wednesday, July 29th. Weiss Ratings lowered shares of Armstrong World Industries from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, June 4th. UBS Group reissued a "neutral" rating and set a $203.00 price target on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Finally, Evercore set a $200.00 price target on shares of Armstrong World Industries in a report on Tuesday, April 28th. One investment 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. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $213.00.

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.

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