American Century Companies Inc. Purchases 10,340 Shares of Armstrong World Industries, Inc. (NYSE:AWI)

American Century Companies Inc. raised its holdings in shares of Armstrong World Industries, Inc. ( NYSE:AWI – Free Report ) by 13.

1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,549 shares of the construction company’s stock after acquiring an additional 10,340 shares during the period. American Century Companies Inc.



owned about 0.21% of Armstrong World Industries worth $12,656,000 at the end of the most recent reporting period. Other large investors have also recently made changes to their positions in the company.

State Street Corp raised its position in Armstrong World Industries by 3.7% in the 3rd quarter. State Street Corp now owns 1,454,150 shares of the construction company’s stock worth $191,119,000 after purchasing an additional 51,839 shares during the period.

Geode Capital Management LLC increased its holdings in shares of Armstrong World Industries by 4.2% in the third quarter. Geode Capital Management LLC now owns 851,620 shares of the construction company’s stock worth $111,954,000 after buying an additional 34,028 shares during the period.

Madison Investment Advisors LLC bought a new stake in shares of Armstrong World Industries in the 4th quarter valued at about $75,242,000. Natixis Advisors LLC boosted its holdings in Armstrong World Industries by 5.5% during the 4th quarter.

Natixis Advisors LLC now owns 519,388 shares of the construction company’s stock valued at $73,405,000 after acquiring an additional 27,275 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Armstrong World Industries by 0.6% during the 4th quarter.

Bank of New York Mellon Corp now owns 380,281 shares of the construction company’s stock worth $53,745,000 after acquiring an additional 2,149 shares during the last quarter. 98.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In Several analysts have weighed in on AWI shares. The Goldman Sachs Group boosted their price objective on Armstrong World Industries from $163.00 to $180.

00 and gave the company a “buy” rating in a research report on Friday, February 28th. Truist Financial increased their price target on shares of Armstrong World Industries from $162.00 to $175.

00 and gave the company a “buy” rating in a research report on Thursday, February 27th. StockNews.com cut shares of Armstrong World Industries from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th.

Finally, UBS Group increased their target price on shares of Armstrong World Industries from $150.00 to $158.00 and gave the stock a “neutral” rating in a report on Wednesday, February 26th.

Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $153.33.

Armstrong World Industries Trading Up 0.5 % NYSE:AWI opened at $141.56 on Wednesday.

Armstrong World Industries, Inc. has a 12 month low of $110.68 and a 12 month high of $164.

40. The company has a current ratio of 1.64, a quick ratio of 1.

11 and a debt-to-equity ratio of 0.78. The company has a 50-day moving average price of $147.

92 and a 200-day moving average price of $145.84. The stock has a market cap of $6.

15 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.60 and a beta of 1.

25. Armstrong World Industries ( NYSE:AWI – Get Free Report ) last posted its quarterly earnings data on Tuesday, February 25th. The construction company reported $1.

50 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.13.

Armstrong World Industries had a return on equity of 40.67% and a net margin of 17.95%.

The business had revenue of $367.70 million for the quarter, compared to analysts’ expectations of $364.98 million.

During the same period in the previous year, the firm posted $1.22 EPS. The business’s revenue was up 17.

7% on a year-over-year basis. Equities analysts predict that Armstrong World Industries, Inc. will post 6.

18 EPS for the current year. Armstrong World Industries Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were given a dividend of $0.

308 per share. This represents a $1.23 annualized dividend and a yield of 0.

87%. The ex-dividend date was Thursday, March 6th. Armstrong World Industries’s dividend payout ratio is currently 20.

40%. Armstrong World Industries Profile ( Free Report ) Armstrong World Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments.

The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products. Featured Stories Five stocks we like better than Armstrong World Industries Mastering Discipline: Overcoming Emotional Challenges In Trading D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy Stock Market Sectors: What Are They and How Many Are There? Amazon Falls Back to a Key Support Line: Here’s How to Play It CD Calculator: Certificate of Deposit Calculator Buffett Trims Equities, But Still Keeps Buying This Stock Receive News & Ratings for Armstrong World Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Armstrong World Industries and related companies with MarketBeat.com's FREE daily email newsletter .

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