Armstrong World Industries, Inc. Appoints Jessica M. Cicali as Senior Vice President, General Counsel, Chief Compliance Officer and Secretary, Effective April 1, 2026
Armstrong World Industries, Inc. has announced the appointment of Jessica M. Cicali as Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary, effective April 1, 2026. Cicali brings over two decades of legal, compliance, and regulatory experience from global manufacturing and infrastructure companies. In her new role, she will also lead the company's sustainability and government relations initiatives.
Armstrong World Industries Names Jessica Cicali Senior Vice President, General Counsel & Secretary
Armstrong World Industries (NYSE:AWI) has announced that Jessica M. Cicali will join the company as Senior Vice President, General Counsel & Secretary, effective April 1. In her new role, Cicali will oversee legal affairs, sustainability, and government relations. She brings over 20 years of legal, compliance, regulatory, and business partnership experience from global manufacturing, infrastructure, and technology companies.
Legal veteran Jessica Cicali to lead law and sustainability at Armstrong World
Armstrong World Industries (NYSE: AWI) has appointed Jessica M. Cicali as Senior Vice President, General Counsel & Secretary, effective April 1. Cicali, who brings over two decades of legal and compliance experience, will also oversee the company's sustainability and government relations efforts. Her appointment is expected to strengthen Armstrong's legal and sustainability teams, supporting the company's strategic goals.
Armstrong World Industries names Jessica Cicali as SVP, General Counsel; effective April 1
Armstrong World Industries (AWI) has appointed Jessica M. Cicali as Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary, effective April 1, 2026. She will succeed Austin K. So as part of a management transition and will also oversee sustainability and government relations. Cicali brings over 20 years of legal, compliance, and regulatory experience to the role.
Armstrong World Industries acquires design firm Eventscape By Investing.com
Armstrong World Industries (NYSE:AWI) has acquired Eventscape, Inc., a design and fabrication company specializing in architectural features. Eventscape, with 2025 revenues of $30 million, strengthens Armstrong's custom design capabilities, building on previous acquisitions. The acquisition was funded with cash and a revolving credit facility.
AWI acquires Eventscape
Armstrong World Industries (AWI) has acquired Eventscape, Inc., a company specializing in the design and fabrication of complex architectural features. This acquisition aims to enhance AWI's custom design and fabrication capabilities, expanding its portfolio with innovative solutions for commercial buildings, and strengthening its leadership in architectural specialties. Eventscape, founded in 1999, employs 150 people and generated approximately $30 million in revenue in 2025.
Armstrong World Industries acquires design firm Eventscape
Armstrong World Industries (NYSE:AWI) has announced the acquisition of Eventscape, Inc., a design and fabrication company specializing in complex architectural features. This acquisition aims to expand Armstrong's portfolio in custom design leadership, building on previous purchases and adding Eventscape's parametric modeling and fabrication capabilities. Eventscape generated $30 million in revenue in 2025, compared to Armstrong's $1.6 billion in the last twelve months.
Armstrong World Industries completes acquisition of Eventscape to expand custom design and fabrication; 2025 revenue ~$30M
Armstrong World Industries (AWI) has acquired Eventscape, a design-build firm specializing in custom architectural features. This acquisition, funded by available cash and credit, expands Armstrong's Architectural Specialties portfolio by enhancing its custom design, engineering, and fabrication capabilities. Eventscape, employing approximately 150 professionals, generated significant revenue in 2025, and the deal aims to strengthen collaboration with architects from concept through installation.
Armstrong World (NYSE: AWI) acquires Eventscape to expand custom design capabilities
Armstrong World Industries (NYSE: AWI) has completed the acquisition of Eventscape, Inc., a design and fabrication company specializing in custom architectural features like ceilings, walls, and facades, for approximately $30 million in 2025 revenue. This acquisition, funded by existing cash and a revolving credit facility, enhances Armstrong's Architectural Specialties portfolio and its capabilities in high-end commercial building projects. Eventscape, known for its material-agnostic and parametric design approach, will allow Armstrong to collaborate more closely with architects and designers from concept to installation.
Armstrong World Industries Expands Architectural Specialties Design and Fabrication Capabilities with Acquisition of Eventscape, Inc.
Armstrong World Industries (NYSE: AWI) has announced the acquisition of Eventscape, Inc., a design and fabrication company specializing in complex architectural environments. This acquisition enhances Armstrong's custom design and fabrication capabilities, expanding its portfolio in architectural specialties and allowing for increased collaboration with architects and designers. Eventscape, known for its material-agnostic approach and turnkey solutions, generated approximately $30 million in revenue in 2025 and will integrate its advanced capabilities with Armstrong's existing offerings.
Armstrong World Completes Acquisition of Custom Design Firm Eventscape
Armstrong World Industries (AWI) announced it has completed the acquisition of Eventscape, Inc., a custom architectural features specialist based in Toronto and New York. This deal significantly boosts Armstrong's custom design capabilities and expands its access to high-end commercial projects. Eventscape, which generated approximately $30 million in revenue in 2025, brings advanced design and fabrication expertise, further solidifying Armstrong's strategic expansion into custom design leadership.
Armstrong World Declares Quarterly Cash Dividend for 2026
Armstrong World Industries (AWI) announced a quarterly cash dividend of $0.339 per share, payable on March 19, 2026, to shareholders of record as of March 5, 2026. This decision reflects the company's commitment to returning capital to shareholders, supported by its strong financial performance in 2024 with $1.4 billion in revenue. TipRanks' AI Analyst, Spark, rates AWI as "Outperform" due to robust financials and positive technical indicators, despite its high valuation.
Armstrong World Industries Announces Quarterly Dividend
Armstrong World Industries, Inc. (NYSE: AWI) announced that its Board of Directors has declared a cash dividend of $0.339 per share of common stock. This dividend will be paid on March 19, 2026, to stockholders of record as of March 5, 2026. The company is a leading designer and manufacturer of interior and exterior architectural applications.
Armstrong World Industries declares quarterly dividend of $0.339 By Investing.com
Armstrong World Industries (NYSE:AWI) has declared a quarterly cash dividend of $0.339 per share, payable on March 19, 2026. The company has a history of raising its dividend for eight consecutive years, with a 21.07% growth in the last twelve months. Despite a current dividend yield of 0.68% and a P/E ratio suggesting it's trading above its Fair Value, the company reported $1.6 billion in revenue in the last twelve months and a strong one-year total return of 29.52%.
Illinois Municipal Retirement Fund Purchases 7,917 Shares of Armstrong World Industries, Inc. $AWI
The Illinois Municipal Retirement Fund increased its stake in Armstrong World Industries (NYSE: AWI) by 33.2% in the third quarter, purchasing 7,917 shares to bring its total holding to 31,759 shares valued at $6.225 million. Other institutional investors like Millennium Management, Goldman Sachs, and Jane Street Group also significantly increased their positions, leading to a total institutional ownership of 98.93%. Analysts currently rate AWI as a "Moderate Buy" with an average price target of $207.50, and the stock is trading near $200.
ING Groep NV Buys Shares of 16,700 Armstrong World Industries, Inc. $AWI
ING Groep NV initiated a new position in Armstrong World Industries (NYSE:AWI) during the third quarter, acquiring 16,700 shares valued at approximately $3.27 million. The construction company's stock has a "Moderate Buy" consensus rating from analysts with an average price target of $207.50. AWI recently traded near its one-year high, boasting a market cap of $8.64 billion and a P/E ratio of 28.67.
Cookson Peirce & Co. Inc. Purchases New Shares in Armstrong World Industries, Inc. $AWI
Cookson Peirce & Co. Inc. recently acquired 5,880 shares of Armstrong World Industries (NYSE: AWI), valued at $1.15 million, reflecting growing institutional interest as total institutional ownership reaches 98.93%. Other firms like Public Sector Pension Investment Board and ING Groep NV also increased or initiated significant positions. AWI trades near $200 with a market cap of $8.64 billion, and analysts have a consensus "Moderate Buy" rating with an average target price of $207.50, despite some recent downgrades to "hold."
Armstrong World Industries, Inc. $AWI Shares Acquired by Public Sector Pension Investment Board
Public Sector Pension Investment Board increased its holdings in Armstrong World Industries (NYSE:AWI) by 10.8% during the third quarter, now owning 208,870 shares valued at approximately $40.9 million. Several other institutional investors also adjusted their positions in the construction company. Despite a 2.1% stock dip on the report day, analysts maintain a generally positive outlook, with an average "Moderate Buy" rating and a target price of $207.50.
Investors in Armstrong World Industries (NYSE:AWI) have seen impressive returns of 159% over the past five years
Armstrong World Industries (NYSE:AWI) shareholders have enjoyed a 159% total shareholder return over the last five years, largely due to dividend payments. The company's share price has increased by 147% in the same period, with EPS growing 20% annually over the last three years, indicating increased market confidence. Recent positive sentiment suggests the business is improving, further supported by a 30% TSR in the last year.
Does Armstrong World Industries' (AWI) Leadership Overhaul Signal a New Strategic Direction for Growth Priorities?
Armstrong World Industries (AWI) is undergoing a significant leadership transition, with a new Executive Chair, President, and CEO taking effect on April 1, 2026. This overhaul, including the departure of the Senior Vice President and General Counsel, could reshape the company's approach to growth, innovation, and acquisitions despite ongoing challenges in the commercial construction sector. The appointment of Mark Hershey as CEO, known for his operational and acquisition experience, suggests a continued focus on Architectural Specialties growth and digital tools to mitigate pressure from fluctuating commercial volumes and renovation activity.
AlTi Global Inc. Sells 7,259 Shares of Armstrong World Industries, Inc. $AWI
AlTi Global Inc. significantly reduced its stake in Armstrong World Industries (NYSE: AWI) by 35.3% in the third quarter, selling 7,259 shares and now owning 13,279 shares valued at $2.603 million. Despite this, institutional ownership remains high at 98.93%, with other firms like Alps Advisors and New York Life Investment Management increasing their holdings. Analysts maintain a "Moderate Buy" consensus rating for AWI with an average price target of $207.50, and recent price target hikes from JPMorgan and UBS.
Envestnet Asset Management Inc. Reduces Holdings in Armstrong World Industries, Inc. $AWI
Envestnet Asset Management Inc. reduced its stake in Armstrong World Industries, Inc. by 3.8% in the third quarter, selling 11,546 shares but still holding 292,783 shares valued at over $57 million. Despite this reduction, institutional ownership of AWI remains high at 98.93%. Wall Street analysts generally maintain a "Moderate Buy" rating for the company, with an average target price of $207.50, and the stock is trading around $200 with a market capitalization of $8.63 billion.
A Look At Armstrong World Industries (AWI) Valuation After Leadership Transition And Strong Operational Results
Armstrong World Industries (AWI) is undergoing a significant leadership transition, with new executive appointments drawing investor attention. Despite a mixed short-term share price performance, the stock has shown longer-term strength. The company's valuation, currently estimated as 6.1% undervalued with a narrative fair value of $211.10, is driven by expected growth in energy-efficient solutions, though its P/E ratio suggests some valuation risk.
Alps Advisors Inc. Acquires 33,848 Shares of Armstrong World Industries, Inc. $AWI
Alps Advisors Inc. significantly increased its stake in Armstrong World Industries (NYSE:AWI) during the third quarter, boosting its holdings by 1,317.0% through the acquisition of an additional 33,848 shares. The institutional investor now owns 36,418 shares, valued at approximately $7.14 million, representing about 0.08% of the company. Analyst sentiment remains largely positive for AWI, with a "Moderate Buy" consensus rating and an average target price of $207.50.
3 Small-Cap Stocks with Solid Fundamentals
This article highlights three small-cap stocks with strong fundamentals: Armstrong World Industries (AWI), WEBTOON Entertainment (WBTN), and Halozyme Therapeutics (HALO). It details their market performance, revenue growth, and earnings per share, suggesting they are potential "hidden gems" for investors. The article also encourages readers to access free in-depth research reports for each company.
Allianz Asset Management GmbH Has $27 Million Holdings in Armstrong World Industries, Inc. $AWI
Allianz Asset Management GmbH reduced its stake in Armstrong World Industries (NYSE:AWI) by 23.6% in the third quarter, now holding 137,736 shares valued at approximately $27 million. Despite this reduction, institutional investors own 98.93% of the stock, and Wall Street analysts generally maintain a "Moderate Buy" rating with a consensus price target of $207.50. Armstrong World Industries, a manufacturer of commercial ceiling and wall solutions, trades around $193.72 with a market capitalization of $8.36 billion.
Principal Financial Group Inc. Sells 6,993 Shares of Armstrong World Industries, Inc. $AWI
Principal Financial Group Inc. has reduced its stake in Armstrong World Industries, Inc. (NYSE:AWI) by selling 6,993 shares, now owning 0.48% of the company valued at $40.65 million. AWI shares recently traded near $193.72, with a market capitalization of $8.36 billion and a P/E ratio of 27.71. Analyst ratings are mixed but lean towards a "Moderate Buy" with a consensus target price of $207.50 for the construction company.
Armstrong World Industries names Mark Hershey as next CEO, succeeding Vic Grizzle
Armstrong World Industries has appointed Mark Hershey, the current Chief Operating Officer, as its next CEO, effective April 1, succeeding Vic Grizzle. Grizzle, who has served as CEO since 2016 and led a significant increase in the company's market capitalization, will transition to executive chair. Hershey, who joined Armstrong in 2011 and became COO in April 2025, will also join the company's board of directors.
1 Industrials Stock with Impressive Fundamentals and 2 We Find Risky
This article analyzes three industrial stocks, recommending Armstrong World Industries (AWI) as a strong buy due to impressive revenue growth, strong operating margins, and share buybacks. Conversely, it advises selling BrightView (BV) and Luxfer (LXFR) due to declining sales, falling EPS, and underwhelming returns on capital, highlighting their struggles in the current market cycle.
Thrivent Financial for Lutherans Sells 22,053 Shares of Armstrong World Industries, Inc. $AWI
Thrivent Financial for Lutherans reduced its stake in Armstrong World Industries (NYSE:AWI) by 30.3% in the third quarter, selling 22,053 shares and now owning 50,683 shares valued at $9.94 million. Other institutional investors have also adjusted their positions in AWI, with several increasing their holdings. The stock currently has a "Moderate Buy" consensus rating from analysts, with an average price target of $207.50, and recently traded up 1.8% at $190.85.
Van Berkom & Associates Inc. Has $93.71 Million Stock Holdings in Armstrong World Industries, Inc. $AWI
Van Berkom & Associates Inc. recently reduced its stake in Armstrong World Industries (NYSE:AWI) by 13.6% in Q3, now holding 478,102 shares valued at approximately $93.71 million, making it their 9th largest position. Despite this reduction, institutional ownership in AWI remains very high at 98.93%, with several other major funds increasing their holdings. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $207.50 for the stock.
Armstrong World Industries announces departure of senior executive Austin K. So
Armstrong World Industries (NYSE:AWI) announced the departure of Austin K. So, Senior Vice President, General Counsel, Head of Government Relations & Chief Sustainability Officer, and Secretary, effective April 1, 2026. This mutual agreement comes amid broader leadership changes, including a new CEO and Executive Chair. His separation benefits will follow a Severance Agreement from February 1, 2022.
Armstrong World Industries, Inc. $AWI Shares Sold by Yacktman Asset Management LP
Yacktman Asset Management LP reduced its stake in Armstrong World Industries Inc. (NYSE: AWI) by 11.8% in Q3 2025, selling 102,050 shares, though the company remains a significant holding. Despite this sale, several other large institutional investors increased or initiated positions in AWI, with institutional ownership nearing 99%. Wall Street analysts generally maintain a "Moderate Buy" rating for AWI, with a consensus price target of $207.50, and some firms recently raising their price targets.
Gypsum Board Suspended Ceilings Market Report 2026-2030 &
The global gypsum board suspended ceilings market is experiencing robust growth, projected to expand from $7.86 billion in 2025 to $10.83 billion by 2030, driven by increased residential and commercial construction, demand for fire-resistant and acoustic solutions, and smart building technologies. Key companies like Knauf Gips, USG Corp., and Boral are innovating with solutions such as lightweight and durable panels. The market is influenced by urbanization, infrastructure investments, and efforts towards sustainable and automated production.
Gypsum Board Suspended Ceilings Market Report 2026-2030 & 2035 Featuring Knauf Gips, USG Corp., Boral, Armstrong World Industries, Taishan Gypsum Co. and More
The global gypsum board suspended ceilings market is experiencing robust growth, projected to expand from $7.86 billion in 2025 to $10.83 billion by 2030, driven by increased residential and commercial construction, demand for fire-resistant and acoustic solutions, and advancements in sustainable materials and smart building technologies. Key players like Knauf Gips, USG Corp., and Boral are innovating with lightweight and durable products to meet market demands and contribute to sustainability. The report details market size, regional shares, competitive landscape, product types, and end-user applications for the forecast period.
A Look At Armstrong World Industries (AWI) Valuation As Shares Trade Below Fair Value Estimate
Armstrong World Industries (AWI) shares are trading below what Simply Wall St considers to be their fair value, currently at US$185.58 against a fair value of US$211.10. Despite recent negative short-term share performance, the company has shown strong long-term shareholder returns. The analysis suggests AWI is undervalued by about 15% and highlights the potential for future growth driven by energy-efficient solutions, although it also notes risks from commercial construction softness and higher input costs.
Universal Beteiligungs und Servicegesellschaft mbH Has $6.20 Million Position in Armstrong World Industries, Inc. $AWI
Universal Beteiligungs und Servicegesellschaft mbH significantly increased its stake in Armstrong World Industries, Inc. (NYSE:AWI) by 39.8% during Q3, now holding 31,620 shares valued at approximately $6.20 million. This comes as Armstrong World Industries reported strong Q3 earnings, beating analyst estimates with $2.05 EPS and achieving 10% year-over-year revenue growth. Analysts maintain a positive outlook on AWI, with a consensus "Moderate Buy" rating and several firms raising price targets.
Armstrong World Industries, Inc. (NYSE:AWI) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Armstrong World Industries, Inc. (NYSE:AWI) has received a consensus "Moderate Buy" rating from analysts, with a target price of $207.50. The company recently surpassed its quarterly earnings and revenue estimates, achieving $2.05 EPS and $425.2 million in revenue, while also demonstrating strong financial metrics including a 38.97% ROE. Institutional investors hold a significant 98.93% stake in the stock, which trades around $187.50.
Armstrong World Industries Schedules Fourth-Quarter and Full-Year 2025 Earnings Release and Conference Call
Armstrong World Industries (NYSE: AWI) announced it will release its fourth-quarter and full-year 2025 earnings before market open on Tuesday, February 24, 2026. The company will also host a conference call at 10:00 a.m. ET to discuss these results. A live webcast and presentation will be available on the Investor Relations page of Armstrong.com.
Cooke & Bieler LP Sells 155,401 Shares of Armstrong World Industries, Inc. $AWI
Cooke & Bieler LP has significantly reduced its stake in Armstrong World Industries (NYSE:AWI) by selling 155,401 shares, lowering its total holdings by 45% to 190,158 shares valued at approximately $37.27 million. Despite this insider selling, analyst sentiment remains largely positive, with several firms raising price targets and the consensus standing at a "Moderate Buy." Armstrong World Industries recently surpassed its quarterly earnings and revenue estimates and provided optimistic guidance for FY 2025.
Maryland State Retirement & Pension System Cuts Stock Holdings in Armstrong World Industries, Inc. $AWI
The Maryland State Retirement & Pension System reduced its stake in Armstrong World Industries (NYSE:AWI) by 44.2% in Q3, selling 6,544 shares and retaining 8,249 shares valued at $1.617 million. Despite this, institutional ownership remains high at 98.93%, with several other large funds significantly increasing their positions. Analysts maintain a "Moderate Buy" rating with an average target price of $207.50, following a recent EPS beat and positive FY2025 guidance.
Campbell & CO Investment Adviser LLC Sells 26,509 Shares of Armstrong World Industries, Inc. $AWI
Campbell & CO Investment Adviser LLC reduced its stake in Armstrong World Industries (NYSE:AWI) by 88.8%, selling 26,509 shares and retaining 3,352 shares valued at $657,000. Institutional investors collectively own 98.93% of the company's stock. Analysts hold a "Moderate Buy" consensus rating with an average target price of $207.50, and Armstrong World Industries recently surpassed Q3 earnings estimates and provided a positive FY2025 EPS guidance.
|Armstrong World Industries Appoints New CEO, Market Cap Nearly Quadrupled
|Armstrong World Industries has announced that current COO Mark Hershey will take over as CEO from Vic Grizzle, effective April 1, 2026. Under Grizzle's decade-long leadership, the company's market capitalization has almost quadrupled since 2016. Hershey, who has been instrumental in the company's strategic growth and led 14 acquisitions, is set to continue advancing Armstrong's market competitiveness and growth strategy.
Armstrong World Industries names Mark Hershey as new CEO By Investing.com
Armstrong World Industries (NYSE: AWI) has announced that Mark Hershey will take over as CEO and President from Vic Grizzle, effective April 1, 2026. Hershey, currently Senior Vice President and COO, has been with the company for 15 years and has been instrumental in its strategic development, including overseeing 14 acquisitions. The company has demonstrated strong market performance, with a 37.7% price return over the past year and a "GREAT" financial health score, and has raised its dividend for 8 consecutive years.
Armstrong World Industries names Mark Hershey as new CEO
Armstrong World Industries (NYSE:AWI) has announced that Mark Hershey will take over as CEO and President, effective April 1, 2026, succeeding Vic Grizzle. Hershey, currently Senior Vice President and COO, has been with the company for 15 years and has played a key role in its strategic development, including 14 acquisitions. The company has shown strong market performance with a 37.7% price return over the past year and maintains a "GREAT" financial health score, having raised its dividend for 8 consecutive years.
Mark Hershey Appointed CEO of Armstrong World Industries
Armstrong World Industries (NYSE: AWI) has announced that Mark Hershey will become the new President and CEO, effective April 1, 2026, succeeding Vic Grizzle, who will transition to Executive Chair. Hershey, currently Senior Vice President and Chief Operating Officer, will also join the company's Board of Directors. The appointment reflects a long-term succession plan, recognizing Hershey's pivotal role in the company's growth and strategic initiatives, particularly the expansion of its Architectural Specialties segment.
Armstrong World Industries names new president and CEO
Armstrong World Industries has announced a leadership transition, with current President and CEO Vic Grizzle moving to Executive Chair. Mark Hershey, previously Senior Vice President and Chief Operating Officer, will succeed Grizzle as CEO and President, effective April 1, 2026. This change is the culmination of a long-term succession plan, recognizing Grizzle's decade of transforming the company and Hershey's pivotal role in its growth and strategic initiatives.
Armstrong World Industries names Mark Hershey as new CEO By Investing.com
Armstrong World Industries (NYSE:AWI) has announced that Mark Hershey will take over as CEO and President, succeeding Vic Grizzle, effective April 1, 2026. Hershey, currently the Senior Vice President and COO, will also join the Board. The company, valued at $8.58 billion, has shown strong market performance with a 37.7% price return over the past year and recently exceeded analyst expectations in its Q3 2025 earnings report.
Armstrong World Industries Announces President and CEO Vic Grizzle to Transition to Executive Chair and Mark Hershey to Become President and CEO Effective April 1, 2026
Armstrong World Industries (NYSE: AWI) announced that President and CEO Vic Grizzle will transition to Executive Chair, and current Senior Vice President and COO Mark Hershey will become President and CEO, both effective April 1, 2026. Hershey will also join the Board of Directors. The transition follows Grizzle's 10 years as CEO, during which he significantly grew the company's market capitalization and transformed it into a focused building products company.
Armstrong World (AWI): Buy, Sell, or Hold Post Q3 Earnings?
Armstrong World (AWI) has shown strong performance over the last six months, outpacing the S&P 500 by 7.2% and increasing its stock price by 18.3% to $198.71. The company demonstrates robust financials with an 11.1% annualized revenue growth, an elite average operating margin of 24.7%, and a 12.6% annual EPS growth over the past five years. These metrics suggest AWI is a high-quality business, prompting investors to consider whether it remains a good investment despite trading at 24.5x forward P/E.
