Tidal Investments LLC Decreases Holdings in Armstrong World Industries, Inc. $AWI

Key Points

• Tidal Investments cut its Armstrong World Industries stake by 92.2% in the second quarter, selling 34,738 shares and retaining 2,939 shares worth approximately $471,000. Institutional investors and hedge funds collectively own 98.93% of AWI.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $213.25, compared with the stock’s reported opening price of $163.89.
• Armstrong exceeded quarterly earnings and revenue expectations, while projecting fiscal 2026 EPS of $8.30–$8.50. The company also authorized an $800 million share buyback and pays an annualized dividend of $1.36 per share.

Tidal Investments LLC trimmed its holdings in shares of Armstrong World Industries, Inc. (NYSE:AWI - Free Report) by 92.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,939 shares of the construction company's stock after selling 34,738 shares during the period. Tidal Investments LLC's holdings in Armstrong World Industries were worth $471,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AWI. Larson Financial Group LLC grew its stake in shares of Armstrong World Industries by 77.0% in 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 in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in Armstrong World Industries in the 4th quarter worth approximately $27,000. Western Wealth Management LLC purchased a new position in Armstrong World Industries in the 1st quarter worth approximately $38,000. Root Financial Partners LLC grew its position in Armstrong World Industries by 84.8% in the first quarter. Root Financial Partners LLC now owns 268 shares of the construction company's stock valued at $44,000 after acquiring an additional 123 shares in the last quarter. Finally, OP Asset Management Ltd acquired a new stake in Armstrong World Industries in the first quarter valued at approximately $45,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AWI. DA Davidson reissued a "buy" rating and set a $215.00 target price on shares of Armstrong World Industries in a research report on Tuesday, September 1st. Weiss Ratings raised shares of Armstrong World Industries from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, September 9th. Truist Financial set a $230.00 price target on shares of Armstrong World Industries in a research note on Tuesday, September 8th. UBS Group reiterated 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 reissued a "hold" rating and issued a $190.00 price objective 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 given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Armstrong World Industries currently has a consensus rating of "Moderate Buy" and a consensus target price of $213.25.

Armstrong World Industries Price Performance

Shares of AWI stock opened at $163.89 on Wednesday. The firm has a market cap of $6.93 billion, a P/E ratio of 22.45, a P/E/G ratio of 1.58 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. Armstrong World Industries, Inc. has a 1-year low of $150.28 and a 1-year high of $206.08. The firm has a fifty day moving average of $171.14 and a two-hundred day moving average of $165.94.

Armstrong World Industries (NYSE:AWI - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 EPS for the quarter, topping 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 company's quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.09 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, research analysts anticipate that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current fiscal year.

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

Armstrong World Industries Announces Dividend

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

Armstrong World Industries Profile

Armstrong World Industries, Inc is a manufacturer of ceiling, wall and suspension-system solutions for commercial and residential spaces. The company develops products designed to improve acoustics, aesthetics, lighting integration, indoor environmental quality and installation efficiency.

Its product portfolio includes mineral fiber, fiberglass, metal and wood ceilings; ceiling suspension systems; acoustical wall panels; partitions; and specialty architectural systems. Armstrong's solutions are used in offices, schools, health care facilities, retail spaces, transportation hubs, hospitality venues and other building environments.

Armstrong World Industries traces its roots to 1860 and is headquartered in Lancaster, Pennsylvania.

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