Armstrong World Industries
About: Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).
Employees: 3,500
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3,502% more call options, than puts
Call options by funds: $53.5M | Put options by funds: $1.49M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
27% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 102
12% more capital invested
Capital invested by funds: $5.06B [Q2] → $5.67B (+$603M) [Q3]
5% more funds holding
Funds holding: 325 [Q2] → 341 (+16) [Q3]
3.67% less ownership
Funds ownership: 102.2% [Q2] → 98.53% (-3.67%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$122
15%
downside
Avg. target
$143
0%
upside
High target
$162
13%
upside
5 analyst ratings
1 positive
20%
4 neutral
80%
0 negative
0%
Loop Capital Garik Shmois 68% 1-year accuracy 13 / 19 met price target | 1%upside $145 | Hold Maintained | 30 Oct 2024 |
Truist Securities Keith Hughes 61% 1-year accuracy 31 / 51 met price target | 13%upside $162 | Buy Maintained | 30 Oct 2024 |
Evercore ISI Group Stephen Kim 12% 1-year accuracy 3 / 25 met price target | 2%downside $140 | In-Line Maintained | 30 Oct 2024 |
UBS John Lovallo 37% 1-year accuracy 7 / 19 met price target | 1%upside $144 | Neutral Maintained | 30 Oct 2024 |
Jefferies Philip Ng 47% 1-year accuracy 9 / 19 met price target | 15%downside $122 | Hold Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 6 articles about AWI published over the past 30 days
Neutral
Business Wire
1 week ago
Newsweek Names Armstrong World Industries One of America's Most Responsible Companies for 2025
LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries. Inc. (NYSE: AWI), a leader in the innovation and manufacture of ceiling and wall solutions, has been named one of America's Most Responsible Companies by Newsweek for the third consecutive year. AWI President and Chief Executive Officer Vic Grizzle said, “Being named one of America's Most Responsible Companies for the third consecutive year is a tremendous honor. This recognition is a reflection of our sustainable and responsible busi.
Positive
Zacks Investment Research
2 weeks ago
Armstrong Expands Into Exterior Metal With Zahner Acquisition
Zahner acquisition boosts AWI's architectural metal edge.
Positive
Zacks Investment Research
2 weeks ago
Is Armstrong World Industries (AWI) Outperforming Other Construction Stocks This Year?
Here is how Armstrong World Industries (AWI) and Acuity Brands (AYI) have performed compared to their sector so far this year.
Neutral
Business Wire
2 weeks ago
Armstrong World Industries Expands Exterior Architectural Metal Capabilities with Acquisition of A. Zahner Company
LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries. Inc. (NYSE: AWI), a leader in the innovation and manufacture of ceiling and wall solutions, announced today that it has acquired A. Zahner Company (Zahner). Based in Kansas City, Mo., Zahner is a widely recognized leader in the design, engineering and fabrication of highly crafted, complex exterior architectural metal solutions. Zahner's advanced metal surfaces and engineering systems are unique in the industry and have been used in s.
Positive
Zacks Investment Research
3 weeks ago
Why Is Armstrong World Industries (AWI) Up 14.1% Since Last Earnings Report?
Armstrong World Industries (AWI) reported earnings 30 days ago. What's next for the stock?
Neutral
Zacks Investment Research
3 weeks ago
Armstrong World Stock Trading at a Premium to Industry: Should You Buy?
Armstrong World Industries, Inc.'s AWI shares are currently trading at a premium to its Zacks Building Products - Miscellaneous industry, with its forward 12-month price-to-earnings (P/E) ratio at 23.93X. The industry is currently trading at 19X.
Positive
Zacks Investment Research
1 month ago
Has Armstrong World Industries (AWI) Outpaced Other Construction Stocks This Year?
Here is how Armstrong World Industries (AWI) and Acuity Brands (AYI) have performed compared to their sector so far this year.
Neutral
Zacks Investment Research
1 month ago
5 Building Products Stocks for Better Returns Despite the Industry Woes
A focus on operational efficiencies and higher government spending raises hope for AWI, ACA, ROAD, FTDR and SWIM.
Positive
Seeking Alpha
1 month ago
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
Positive
Zacks Investment Research
1 month ago
Armstrong World Industries (AWI) Upgraded to Buy: Here's What You Should Know
Armstrong World Industries (AWI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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