Lazard Asset Management LLC Buys 13,749 Shares of Armstrong World Industries, Inc. $AWI

Posted by Brenda Bartman on Aug 2nd, 2026

Lazard Asset Management LLC grew its stake in shares of Armstrong World Industries, Inc. (NYSE:AWI – Free Report) by 210.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 20,282 shares of the construction company’s stock after buying an additional 13,749 shares during the period. Lazard Asset Management LLC’s holdings in Armstrong World Industries were worth $3,342,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC grew its position in Armstrong World Industries by 77.0% during the fourth quarter. Larson Financial Group LLC now owns 131 shares of the construction company’s stock worth $25,000 after buying an additional 57 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in Armstrong World Industries in the 4th quarter valued at approximately $27,000. Cullen Frost Bankers Inc. raised its holdings in Armstrong World Industries by 124.1% in the 4th quarter. Cullen Frost Bankers Inc. now owns 177 shares of the construction company’s stock valued at $34,000 after acquiring an additional 98 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Armstrong World Industries by 426.5% in the 3rd 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 during the period. Finally, Sound Income Strategies LLC bought a new stake in shares of Armstrong World Industries in the 4th quarter worth approximately $39,000. Institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Stock Up 0.1%

NYSE AWI opened at $174.63 on Friday. The stock’s 50 day simple moving average is $158.33 and its 200 day simple moving average is $170.20. Armstrong World Industries, Inc. has a one year low of $150.28 and a one year high of $206.08. The firm has a market cap of $7.38 billion, a PE ratio of 23.92, a price-to-earnings-growth ratio of 1.70 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 1.04.

Armstrong World Industries (NYSE:AWI – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $472.00 million during the quarter, compared to the consensus estimate of $461.67 million. Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%.The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.09 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. As a group, sell-side analysts forecast that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current fiscal year.

Armstrong World Industries announced that its Board of Directors has approved a share repurchase program on Tuesday, July 21st that authorizes the company to buyback $800.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 12.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Armstrong World Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, August 5th will be 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 of this dividend is Wednesday, August 5th. Armstrong World Industries’s payout ratio is currently 18.63%.

Wall Street Analysts Forecast Growth

AWI has been the topic of several recent research reports. Jefferies Financial Group reissued a “hold” rating and set a $190.00 price objective on shares of Armstrong World Industries in a report on Wednesday. Evercore set a $200.00 price objective on shares of Armstrong World Industries in a research note on Tuesday, April 28th. UBS Group reaffirmed a “neutral” rating and set a $203.00 price objective on shares of Armstrong World Industries in a report on Wednesday. Weiss Ratings downgraded shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Finally, Bank of America decreased their target price on shares of Armstrong World Industries from $216.00 to $210.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. One equities research 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $213.00.

View Our Latest Analysis on Armstrong World Industries

About Armstrong World Industries

(Free Report)

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.