American Century Companies Inc. Buys 93,770 Shares of Armstrong World Industries, Inc. $AWI

American Century Companies Inc. grew its stake in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 66.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 235,018 shares of the construction company’s stock after acquiring an additional 93,770 shares during the period. American Century Companies Inc. owned 0.54% of Armstrong World Industries worth $46,066,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Alliance LLC lifted its holdings in Armstrong World Industries by 2.5% during the 2nd quarter. Wealth Alliance LLC now owns 2,339 shares of the construction company’s stock worth $380,000 after purchasing an additional 56 shares during the last quarter. Blue Trust Inc. increased its position in Armstrong World Industries by 4.2% during the 3rd quarter. Blue Trust Inc. now owns 1,548 shares of the construction company’s stock worth $303,000 after buying an additional 63 shares during the period. Archer Investment Corp increased its position in Armstrong World Industries by 8.5% during the 3rd quarter. Archer Investment Corp now owns 868 shares of the construction company’s stock worth $170,000 after buying an additional 68 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Armstrong World Industries by 32.9% during the third quarter. Parkside Financial Bank & Trust now owns 295 shares of the construction company’s stock worth $58,000 after buying an additional 73 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Armstrong World Industries by 9.7% in the third quarter. Smartleaf Asset Management LLC now owns 874 shares of the construction company’s stock valued at $169,000 after acquiring an additional 77 shares during the period. Institutional investors and hedge funds own 98.93% of the company’s stock.

Analyst Upgrades and Downgrades

AWI has been the topic of a number of recent research reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Armstrong World Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.43.

Armstrong World Industries Trading Up 1.1%

Shares of AWI stock opened at $171.87 on Friday. The stock’s fifty day moving average price is $190.41 and its two-hundred day moving average price is $191.75. The company has a market cap of $7.36 billion, a PE ratio of 24.28, a P/E/G ratio of 1.88 and a beta of 1.33. Armstrong World Industries, Inc. has a fifty-two week low of $122.37 and a fifty-two week high of $206.08. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 1.46.

Armstrong World Industries (NYSE:AWI) last posted its quarterly earnings results on Tuesday, February 24th. The construction company reported $1.61 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.06). The business had revenue of $388.30 million for the quarter, compared to analyst estimates of $400.87 million. Armstrong World Industries had a return on equity of 37.80% and a net margin of 19.05%.Armstrong World Industries’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $1.50 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. Equities analysts predict that Armstrong World Industries, Inc. will post 6.18 EPS for the current fiscal year.

Armstrong World Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be paid 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 is Thursday, March 5th. Armstrong World Industries’s dividend payout ratio (DPR) is presently 19.21%.

About Armstrong World Industries

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.