Albany International (NYSE:AIN) Issues Q3 2026 Earnings Guidance

Albany International (NYSE:AIN) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.600-0.700 for the period, compared to the consensus earnings per share estimate of 0.660. The company issued revenue guidance of $320.0 million-$330.0 million, compared to the consensus revenue estimate of $311.0 million.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Truist Financial upped their target price on Albany International from $55.00 to $61.00 and gave the company a “hold” rating in a report on Friday, June 12th. Weiss Ratings upgraded Albany International from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, July 28th. Finally, Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $54.00.

Albany International Stock Up 1.0%

Albany International stock opened at $75.28 on Tuesday. The firm has a 50 day simple moving average of $71.66 and a 200 day simple moving average of $62.19. The company has a current ratio of 2.20, a quick ratio of 1.88 and a debt-to-equity ratio of 0.65. Albany International has a 1-year low of $41.15 and a 1-year high of $77.00. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of -36.90, a P/E/G ratio of 3.18 and a beta of 1.17.

Albany International (NYSE:AIN) last posted its earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.During the same quarter in the prior year, the company earned $0.31 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. On average, analysts predict that Albany International will post 2.79 earnings per share for the current year.

Albany International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Friday, June 5th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, June 5th. Albany International’s payout ratio is -54.90%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AIN. Bank of America Corp DE raised its stake in Albany International by 1.8% in the second quarter. Bank of America Corp DE now owns 1,457,609 shares of the textile maker’s stock valued at $102,222,000 after purchasing an additional 25,283 shares in the last quarter. State Street Corp lifted its holdings in shares of Albany International by 1.1% in the 4th quarter. State Street Corp now owns 1,141,412 shares of the textile maker’s stock worth $58,161,000 after acquiring an additional 12,684 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Albany International by 0.7% during the 3rd quarter. Sei Investments Co. now owns 802,840 shares of the textile maker’s stock valued at $42,791,000 after purchasing an additional 5,426 shares during the last quarter. Franklin Resources Inc. raised its position in Albany International by 11,101.8% in the 3rd quarter. Franklin Resources Inc. now owns 648,810 shares of the textile maker’s stock worth $32,324,000 after purchasing an additional 643,018 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Albany International by 4.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 432,121 shares of the textile maker’s stock valued at $21,909,000 after buying an additional 18,938 shares during the period. Hedge funds and other institutional investors own 97.37% of the company’s stock.

About Albany International

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.