Albany International (NYSE:AIN) Announces Quarterly Earnings Results

Albany International (NYSE:AIN) issued its earnings results on Thursday. The textile maker reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05, Zacks reports. The business had revenue of $311.33 million for the quarter, compared to the consensus estimate of $281.00 million. Albany International had a negative net margin of 4.85% and a positive return on equity of 9.64%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 earnings per share. Albany International updated its Q2 2026 guidance to 0.700-0.800 EPS.

Here are the key takeaways from Albany International’s conference call:

• Quarterly results showed $311.3 million in revenue (up 7.8% YoY) with Adjusted results of $48.2 million and a margin decline to 15.5% driven by mix (more Engineered Composites) and foreign exchange headwinds.
• Engineered Composites outperformed internal expectations with revenue of $145.4 million, new contract wins including Pratt & Whitney Geared Turbofan work, and ramping demand across commercial and defense programs (LEAP, JASSM/LRASM, CH-53K).
• Machine Clothing revenue fell to $166 million amid softness and overcapacity in China and an equipment failure early in Q1—management says recovery is underway but visibility in China remains limited.
• The strategic review of the Amelia Earhart Drive (CH-53K) facility is on schedule with a PwC standalone analysis completed and marketing materials being finalized, but no conclusions or transaction details yet.
• Liquidity and outlook were reinforced with improved free cash flow (-$3.6 million vs. -$13.5M prior), $122.6 million cash, ~$354 million net debt and ~$446 million available capital, plus Q2 revenue guidance of $335–345 million and Adj. EPS of $0.70–0.80.

Albany International Stock Down 0.2%

Shares of AIN stock traded down $0.13 during trading on Thursday, hitting $57.89. 566,160 shares of the company were exchanged, compared to its average volume of 195,905. 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 capitalization of $1.64 billion, a price-to-earnings ratio of -28.66, a P/E/G ratio of 2.37 and a beta of 1.18. The business’s 50-day simple moving average is $55.43 and its 200 day simple moving average is $54.10. Albany International has a twelve month low of $41.15 and a twelve month high of $73.00.

Albany International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Friday, March 20th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, March 20th. Albany International’s dividend payout ratio (DPR) is currently -55.45%.

Hedge Funds Weigh In On Albany International

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

Albany International News Roundup

Here are the key news stories impacting Albany International this week:

• Positive Sentiment: Management raised Q2 2026 guidance to $0.70–$0.80 EPS and revenue of roughly $335M–$345M, well above consensus—this upside guidance is a primary positive driver for the stock. Albany (NYSE:AIN) Reports Strong Q1 CY2026
• Positive Sentiment: Q1 results beat estimates: EPS $0.60 vs. $0.55 expected and revenue $311.3M vs. $281M expected, with revenue up 7.8% year-over-year—supports the view of underlying top-line momentum. Albany International (AIN) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Albany Engineered Composites secured a long-term Pratt & Whitney contract through 2036 for GTF engine components — a multi-year, high‑precision aerospace win that adds durable revenue visibility for the composites segment. Albany Engineered Composites Receives Pratt & Whitney Engine Component Contract Through 2036
• Neutral Sentiment: Company posted investor materials and an earnings presentation; slides/recording provide more detail on segment performance and capex — useful for modeling but not an immediate catalyst. Albany International Corp. 2026 Q1 – Results – Earnings Call Presentation
• Negative Sentiment: Management flagged margin headwinds on the earnings call — cost and mix pressures are weighing on profitability, contributing to a negative net margin and limiting upside to EPS despite revenue growth. Albany International Balances Growth With Margin Headwinds
• Negative Sentiment: EPS declined year-over-year (Q1 2026 EPS $0.60 vs. $0.73 a year ago) and the company still reports a negative net margin—this raises questions about operating leverage and near-term profitability. Albany International Reports First-Quarter 2026 Results

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Albany International from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th. Truist Financial set a $55.00 price objective on shares of Albany International in a research report on Friday, January 9th. Finally, Zacks Research upgraded shares of Albany International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $61.50.

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.