Inspire Investing LLC decreased its position in shares of Armstrong World Industries, Inc. (NYSE:AWI – Free Report) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,830 shares of the construction company’s stock after selling 320 shares during the quarter. Inspire Investing LLC’s holdings in Armstrong World Industries were worth $400,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Transcendent Capital Group LLC purchased a new position in shares of Armstrong World Industries during the 3rd quarter worth $26,000. ORG Wealth Partners LLC acquired a new stake in shares of Armstrong World Industries during the fourth quarter valued at about $32,000. Fortitude Family Office LLC acquired a new stake in shares of Armstrong World Industries during the fourth quarter valued at about $33,000. V Square Quantitative Management LLC purchased a new stake in shares of Armstrong World Industries in the 3rd quarter valued at approximately $31,000. Finally, Point72 DIFC Ltd acquired a new position in shares of Armstrong World Industries in the 3rd quarter worth approximately $47,000. Hedge funds and other institutional investors own 98.93% of the company’s stock.
Armstrong World Industries Stock Performance
Shares of AWI opened at $148.91 on Tuesday. The stock has a 50-day simple moving average of $150.12 and a 200-day simple moving average of $138.11. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.64. Armstrong World Industries, Inc. has a 1 year low of $98.47 and a 1 year high of $164.40. The stock has a market capitalization of $6.49 billion, a PE ratio of 26.26, a PEG ratio of 1.75 and a beta of 1.18.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the stock. StockNews.com upgraded shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Loop Capital boosted their price objective on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Evercore ISI raised their target price on Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Truist Financial boosted their price target on shares of Armstrong World Industries from $148.00 to $162.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group raised their price objective on shares of Armstrong World Industries from $121.00 to $122.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $140.83.
Check Out Our Latest Research Report on AWI
Armstrong World Industries Company Profile
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.
Read More
- Five stocks we like better than Armstrong World Industries
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Sizing Up a New Opportunity for NVIDIA Investors
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Is DeepSeek Challenging NVIDIA’s AI Dominance?
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- The 3 Biggest M&A Stock Opportunities for 2025
Want to see what other hedge funds are holding AWI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Armstrong World Industries, Inc. (NYSE:AWI – Free Report).
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.