Armstrong World Industries
About: Armstrong World Industries Inc. designs, innovates, and manufactures ceiling and wall solutions in the Americas. The company manufactures and sources products made of numerous materials, including mineral fiber, fiberglass, metal, felt, wood, resin, wood fiber, and glass-reinforced-gypsum. It also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc., called Worthington Armstrong Venture (WAVE). The company's reportable operating segments include Mineral Fiber, Architectural Specialties, and Unallocated Corporate. A majority of its revenue is generated from the Mineral Fiber segment, which produces suspended mineral fiber and fiberglass ceiling systems. Geographically, it derives maximum revenue from the United States.
Employees: 3,600
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
654% more call options, than puts
Call options by funds: $7.33M | Put options by funds: $972K
103% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 34
8% more funds holding
Funds holding: 364 [Q4 2024] → 392 (+28) [Q1 2025]
5% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 129
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
3% less capital invested
Capital invested by funds: $6.3B [Q4 2024] → $6.08B (-$217M) [Q1 2025]
2.89% less ownership
Funds ownership: 102.2% [Q4 2024] → 99.3% (-2.89%) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
B of A Securities Rafe Jadrosich | 12%upside $170 | Buy Maintained | 15 May 2025 |
Loop Capital Garik Shmois | 4%upside $158 | Hold Maintained | 30 Apr 2025 |
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