Sei Investments Co. Trims Stock Holdings in Armstrong World Industries, Inc. $AWI

Key Points

• Sei Investments cut its Armstrong World Industries stake by 65.9% in the first quarter, selling 46,341 shares and retaining 23,987 shares worth approximately $3.95 million. Institutional investors collectively own 98.93% of the company.
• Armstrong reported quarterly EPS of $2.36, exceeding the $2.25 consensus estimate, 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, and declared a quarterly dividend of $0.339 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $213.

Sei Investments Co. decreased its position in Armstrong World Industries, Inc. (NYSE:AWI - Free Report) by 65.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,987 shares of the construction company's stock after selling 46,341 shares during the quarter. Sei Investments Co. owned approximately 0.06% of Armstrong World Industries worth $3,953,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC increased 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 worth $25,000 after acquiring an additional 57 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in Armstrong World Industries during the 4th quarter valued at about $27,000. Cullen Frost Bankers Inc. boosted its stake in Armstrong World Industries by 124.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company's stock worth $34,000 after acquiring an additional 98 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in Armstrong World Industries by 426.5% during the third quarter. CIBC Private Wealth Group LLC now owns 179 shares of the construction company's stock worth $35,000 after acquiring an additional 145 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in Armstrong World Industries in the fourth quarter worth about $39,000. Hedge funds and other institutional investors own 98.93% of the company's stock.

Armstrong World Industries Price Performance

NYSE AWI opened at $183.86 on Friday. Armstrong World Industries, Inc. has a one year low of $150.28 and a one year high of $206.08. The stock has a 50-day moving average of $160.24 and a 200 day moving average of $169.61. The company has a market capitalization of $7.77 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.81 and a beta of 1.16. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.52.

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

Armstrong World Industries announced that its board has approved a share repurchase program on Tuesday, July 21st that authorizes the company to repurchase $800.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 12.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Armstrong World Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th will be given a dividend of $0.339 per share. The ex-dividend date is Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 0.7%. Armstrong World Industries's dividend payout ratio is 18.63%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. 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 reaffirmed a "neutral" rating and set a $203.00 price objective on shares of Armstrong World Industries in a research report on Wednesday, July 29th. Evercore set a $200.00 price objective on Armstrong World Industries in a research note on Tuesday, April 28th. Bank of America dropped their target price on Armstrong World Industries from $216.00 to $210.00 and set a "buy" rating on the stock in a report on Monday, April 20th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $190.00 target price on shares of Armstrong World Industries in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target 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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