From MarketBeat:

Mountain Pacific Investment Advisers Inc. ID cut its holdings in Armstrong World Industries, Inc. (NYSE:AWI) by 43.3% in the 3rd quarter. The institutional investor owned 30,161 shares of AWI’s stock after selling 23,032 shares. The stock had a trading volume of 70,476 shares and traded at $98.66. CWM LLC increased its position in AWI by 68.7% in the 2nd quarter. Point72 Hong Kong Ltd bought a new stake in AWI in the 2nd quarter valued at about $38,000. Stock of AWI had a 12-month low of $62.03 and a 12-month high of $99.75.

Analysts recently commented on AWI. Truist Financial boosted their target price on Armstrong World Industries to $95.00 and gave the company a “buy” rating. StockNews.com downgraded Armstrong World Industries from a “buy” rating to a “hold” rating. Armstrong World Industries currently has a consensus rating of “Hold” and an average target price of $84.75.

Armstrong World Industries last announced its earnings results on Tuesday, October 24th. The construction company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.29. Armstrong World Industries, Inc. will post 5.13 earnings per share for the current year. The firm also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Thursday, November 2nd were paid a $0.28 dividend.

Armstrong World Industries, Inc. operates through Mineral Fiber and Architectural Specialties segments. The company offers suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall products. Please send any questions or comments about this story to [email protected].



Read more: Mountain Pacific Investment Advisers Inc. ID Sells 23,032 Shares of Armstrong World Industries, Inc. (NYSE:AWI)