Calamos Advisors LLC Grows Stock Holdings in Armstrong World Industries, Inc. $AWI

Calamos Advisors LLC increased its stake in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 43.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,018 shares of the construction company’s stock after buying an additional 4,533 shares during the period. Calamos Advisors LLC’s holdings in Armstrong World Industries were worth $2,870,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in Armstrong World Industries during the third quarter worth about $25,000. CIBC Private Wealth Group LLC boosted its holdings 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 buying an additional 145 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in Armstrong World Industries during the third quarter worth about $35,000. Sound Income Strategies LLC purchased a new stake in Armstrong World Industries during the fourth quarter worth about $39,000. Finally, Bessemer Group Inc. boosted its holdings in Armstrong World Industries by 70.0% during the third quarter. Bessemer Group Inc. now owns 221 shares of the construction company’s stock worth $44,000 after buying an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Trading Up 0.0%

Shares of AWI opened at $178.34 on Monday. The stock has a fifty day moving average of $173.67 and a two-hundred day moving average of $185.12. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 1.46. The company has a market capitalization of $7.64 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 1.97 and a beta of 1.32. Armstrong World Industries, Inc. has a fifty-two week low of $136.98 and a fifty-two week high of $206.08.

Armstrong World Industries (NYSE:AWI) last issued its quarterly earnings results on Tuesday, February 24th. The construction company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.06). The business had revenue of $388.30 million during the quarter, compared to analyst estimates of $400.87 million. Armstrong World Industries had a net margin of 19.05% and a return on equity of 37.80%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.50 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. As a group, analysts forecast that Armstrong World Industries, Inc. will post 8.36 EPS for the current year.

Armstrong World Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Monday, May 11th will be issued a $0.339 dividend. The ex-dividend date is Monday, May 11th. This represents a $1.36 annualized dividend and a yield of 0.8%. Armstrong World Industries’s payout ratio is 19.21%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Jefferies Financial Group reissued a “hold” rating on shares of Armstrong World Industries in a report on Wednesday, February 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a report on Monday, April 20th. Finally, Bank of America decreased their price objective on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Armstrong World Industries has an average rating of “Moderate Buy” and a consensus price target of $210.00.

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.