Diversify Advisory Services LLC Makes New $684,000 Investment in Armstrong World Industries, Inc. $AWI

Posted by Geri Gentry on Aug 21st, 2026

Diversify Advisory Services LLC bought a new stake in Armstrong World Industries, Inc. (NYSE:AWI – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,140 shares of the construction company’s stock, valued at approximately $684,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its position in shares of Armstrong World Industries by 88.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 136,597 shares of the construction company’s stock worth $21,913,000 after purchasing an additional 64,077 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Armstrong World Industries by 5.2% in the 1st quarter. Bank of America Corp DE now owns 457,619 shares of the construction company’s stock valued at $75,416,000 after purchasing an additional 22,477 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Armstrong World Industries by 28.3% during the first quarter. Bessemer Group Inc. now owns 46,058 shares of the construction company’s stock worth $7,591,000 after purchasing an additional 10,165 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Armstrong World Industries by 33,007.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 473,104 shares of the construction company’s stock worth $90,410,000 after purchasing an additional 471,675 shares during the last quarter. Finally, Norges Bank acquired a new position in Armstrong World Industries in the fourth quarter worth about $107,716,000. 98.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AWI has been the subject of several research analyst reports. UBS Group reissued a “neutral” rating and issued a $203.00 price objective on shares of Armstrong World Industries in a report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “hold” rating and set a $190.00 target price on shares of Armstrong World Industries in a report on Wednesday, July 29th. Weiss Ratings lowered Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Finally, Evercore set a $200.00 price target on Armstrong World Industries in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $213.00.

Check Out Our Latest Research Report on AWI

More Armstrong World Industries News

Here are the key news stories impacting Armstrong World Industries this week:

Positive Sentiment: Zacks increased its FY2026 EPS estimate to $8.38 from $8.29, close to the broader consensus of $8.39. The firm also lifted estimates for Q3 2026 to $2.36, FY2027 to $9.38 from $9.16, and FY2028 to $10.12 from $9.91.
Positive Sentiment: Several quarterly estimates were raised, including Q4 2026 to $1.97, Q1 2027 to $2.18, Q2 2027 to $2.51, Q3 2027 to $2.49, Q4 2027 to $2.19, Q1 2028 to $2.40 and Q2 2028 to $2.67. The revisions suggest stronger anticipated earnings momentum through 2028.
Neutral Sentiment: The upgrades are from Zacks Research rather than a change to company guidance. Armstrong’s existing FY2026 guidance remains $8.30-$8.50 EPS, while the consensus forecast is $8.39, so the revisions largely reinforce expectations already reflected in estimates.

Armstrong World Industries Stock Performance

Shares of AWI opened at $178.39 on Friday. The firm has a fifty day moving average of $165.72 and a 200-day moving average of $169.20. The company has a market cap of $7.54 billion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 1.74 and a beta of 1.16. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.52. Armstrong World Industries, Inc. has a 1 year low of $150.28 and a 1 year high of $206.08.

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

Armstrong World Industries declared that its Board of Directors has initiated a stock buyback program on Tuesday, July 21st that allows the company to buyback $800.00 million in shares. This buyback authorization allows the construction company to repurchase up to 12.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management 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. Shareholders of record on Wednesday, August 5th were paid a $0.339 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 0.8%. Armstrong World Industries’s dividend payout ratio (DPR) is presently 18.63%.

Armstrong World Industries Company Profile

(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.