Albany International Corporation (NYSE:AIN) Given Consensus Recommendation of “Reduce” by Analysts

Albany International Corporation (NYSE:AIN) has received an average rating of “Reduce” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $61.50.

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on Albany International from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th. Zacks Research upgraded shares of Albany International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Truist Financial set a $55.00 price target on shares of Albany International in a report on Friday, January 9th.

Institutional Trading of Albany International

Several large investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC lifted its stake in shares of Albany International by 32.4% in the second quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker’s stock worth $49,000 after buying an additional 174 shares during the last quarter. California State Teachers Retirement System grew its holdings in Albany International by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 28,783 shares of the textile maker’s stock valued at $2,019,000 after buying an additional 179 shares during the last quarter. Blue Trust Inc. increased its position in Albany International by 6.1% in the 3rd quarter. Blue Trust Inc. now owns 3,433 shares of the textile maker’s stock worth $183,000 after buying an additional 196 shares during the period. CWM LLC increased its position in Albany International by 39.3% in the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock worth $36,000 after buying an additional 201 shares during the period. Finally, Dakota Wealth Management lifted its holdings in shares of Albany International by 1.8% during the third quarter. Dakota Wealth Management now owns 13,878 shares of the textile maker’s stock worth $740,000 after buying an additional 245 shares during the last quarter. Institutional investors own 97.37% of the company’s stock.

Albany International Stock Up 0.0%

Albany International stock opened at $52.29 on Friday. Albany International has a twelve month low of $41.15 and a twelve month high of $73.00. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.83 and a current ratio of 2.10. The firm has a market cap of $1.48 billion, a PE ratio of -25.88, a P/E/G ratio of 2.02 and a beta of 1.18. The firm’s 50 day moving average price is $55.84 and its two-hundred day moving average price is $53.93.

Albany International (NYSE:AIN) last posted its quarterly earnings results on Tuesday, February 24th. The textile maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. Albany International had a negative net margin of 4.85% and a positive return on equity of 9.64%. The business had revenue of $321.21 million for the quarter, compared to the consensus estimate of $292.32 million. During the same period in the prior year, the business posted $0.58 earnings per share. Albany International’s revenue for the quarter was up 12.0% compared to the same quarter last year. Albany International has set its Q1 2026 guidance at 0.500-0.600 EPS. On average, research analysts predict that Albany International will post 3.23 EPS for the current fiscal year.

Albany International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Friday, March 20th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, March 20th. Albany International’s dividend payout ratio (DPR) is -55.45%.

Albany International Company Profile

Albany International Corp. is a global advanced materials company specializing in engineered textiles and composites. Its business is organized into two primary segments: Process Media and Engineered Composites. The Process Media segment designs, manufactures and services press, forming and drying fabrics used in the production of paper and packaging materials, helping paper manufacturers improve efficiency, quality and sustainability. The Engineered Composites segment produces lightweight composite structures and components for aerospace and industrial applications, serving commercial and military aircraft programs as well as industrial markets that require high-performance, durable materials.

In the Process Media segment, Albany’s products include forming fabrics, press felts and dryer fabrics engineered to withstand extreme moisture and temperature conditions.