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

Key Points

• B. Metzler seel. Sohn & Co. AG initiated a position in Armstrong World Industries by purchasing 10,692 shares valued at approximately $1.7 million. Institutional investors collectively own 98.93% of AWI’s outstanding stock.
• 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 also authorized an $800 million share-repurchase program, covering up to 12.3% of shares.
• AWI pays a quarterly dividend of $0.339 per share, or $1.36 annually, for a 0.8% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $213.25, compared with the reported share price of $173.27.

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 disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,692 shares of the construction company's stock, valued at approximately $1,715,000.

Several other hedge funds have also bought and sold shares of AWI. Larson Financial Group LLC grew its position in 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 period. Eurizon Capital SGR S.p.A. purchased a new position in shares of Armstrong World Industries in the 4th quarter valued at about $27,000. Cullen Frost Bankers Inc. raised its holdings in Armstrong World Industries by 124.1% in the 4th quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company's stock worth $34,000 after purchasing an additional 98 shares during the period. CIBC Private Wealth Group LLC raised its holdings in Armstrong World Industries by 426.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company's stock worth $35,000 after purchasing an additional 145 shares during the period. Finally, Western Wealth Management LLC purchased a new position in Armstrong World Industries during the first quarter worth approximately $38,000. Hedge funds and other institutional investors own 98.93% of the company's stock.

Armstrong World Industries Stock Performance

NYSE:AWI opened at $173.27 on Friday. The firm has a market capitalization of $7.32 billion, a price-to-earnings ratio of 23.74, a PEG ratio of 1.69 and a beta of 1.17. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.52 and a quick ratio of 1.06. The company's 50-day moving average is $169.56 and its two-hundred day moving average is $167.77. Armstrong World Industries, Inc. has a 1-year low of $150.28 and a 1-year high of $206.08.

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

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

Armstrong World Industries Announces Dividend

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

Analysts Set New Price Targets

AWI has been the subject of a number of research analyst reports. Weiss Ratings cut shares of Armstrong World Industries from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 25th. DA Davidson reiterated a "buy" rating and issued a $215.00 target price on shares of Armstrong World Industries in a research report on Tuesday, September 1st. UBS Group reissued a "neutral" rating and set a $203.00 target price on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group restated a "hold" rating and set a $190.00 price target on shares of Armstrong World Industries in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Armstrong World Industries currently has an average rating of "Moderate Buy" and a consensus 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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