B. Metzler seel. Sohn & Co. AG Acquires New Shares in Armstrong World Industries, Inc. $AWI

B. Metzler seel. Sohn & Co. AG bought a new position in shares of Armstrong World Industries, Inc. (NYSE:AWI - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,692 shares of the construction company's stock, valued at approximately $1,715,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Armstrong World Industries in the 2nd quarter worth approximately $827,239,000. Capital International Investors raised its position in shares of Armstrong World Industries by 1.0% in the fourth quarter. Capital International Investors now owns 2,321,993 shares of the construction company's stock valued at $443,736,000 after purchasing an additional 23,133 shares during the period. Bank of Montreal Can lifted its stake in shares of 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 buying an additional 1,272,275 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Armstrong World Industries by 6.5% during the 4th quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company's stock worth $194,027,000 after buying an additional 61,647 shares during the period. Finally, AQR Capital Management LLC grew its stake in Armstrong World Industries by 7.8% in the 4th quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company's stock valued at $183,682,000 after buying an additional 69,849 shares during the last quarter. Institutional investors and hedge funds own 98.93% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AWI shares. Weiss Ratings downgraded shares of Armstrong World Industries from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 4th. Evercore set a $200.00 target price on shares of Armstrong World Industries in a research note on Tuesday, April 28th. Jefferies Financial Group reissued a "hold" rating and set a $190.00 target price on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Finally, UBS Group reaffirmed a "neutral" rating and issued a $203.00 price target on shares of Armstrong World Industries in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $213.00.

Armstrong World Industries Stock Performance

NYSE AWI opened at $179.01 on Monday. 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. The stock has a market cap of $7.56 billion, a P/E ratio of 24.52, a PEG ratio of 1.74 and a beta of 1.16. The company's 50-day simple moving average is $166.21 and its 200 day simple moving average is $169.15.

Armstrong World Industries (NYSE:AWI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 EPS for the quarter, topping analysts' consensus estimates of $2.25 by $0.11. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. The firm had revenue of $472.00 million during the quarter, compared to analysts' expectations of $461.67 million. During the same quarter last year, the company earned $2.09 earnings per share. The company's revenue for the quarter 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. As a group, research analysts forecast that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current fiscal year.

Armstrong World Industries Dividend Announcement

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

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

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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