Albany International (NYSE:AIN) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Albany International (NYSE:AIN) posted its quarterly earnings data on Tuesday. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.01, Briefing.com reports. Albany International had a negative net margin of 4.66% and a positive return on equity of 8.98%. The company’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. Albany International updated its Q1 2026 guidance to 0.500-0.600 EPS.

Albany International Stock Performance

NYSE AIN opened at $57.91 on Tuesday. The firm has a market capitalization of $1.66 billion, a P/E ratio of -29.85, a PEG ratio of 2.39 and a beta of 1.21. The stock has a 50-day simple moving average of $55.50 and a two-hundred day simple moving average of $55.39. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.84 and a current ratio of 2.34. Albany International has a fifty-two week low of $41.15 and a fifty-two week high of $81.03.

Albany International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.12 annualized dividend and a yield of 1.9%. This is an increase from Albany International’s previous quarterly dividend of $0.27. Albany International’s payout ratio is -57.73%.

Analyst Ratings Changes

A number of research analysts have issued reports on AIN shares. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research note on Monday, December 29th. JPMorgan Chase & Co. lifted their price objective on shares of Albany International from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Zacks Research downgraded Albany International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 18th. Finally, Truist Financial set a $55.00 target price on Albany International in a research note on Friday, January 9th. Three analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $61.50.

Institutional Trading of Albany International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in shares of Albany International by 7.5% during the 1st quarter. Royal Bank of Canada now owns 15,590 shares of the textile maker’s stock valued at $1,076,000 after buying an additional 1,085 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Albany International by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,569 shares of the textile maker’s stock worth $1,282,000 after acquiring an additional 807 shares during the period. Millennium Management LLC lifted its holdings in Albany International by 464.4% during the first quarter. Millennium Management LLC now owns 91,934 shares of the textile maker’s stock valued at $6,347,000 after purchasing an additional 75,644 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Albany International by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,199 shares of the textile maker’s stock valued at $4,087,000 after purchasing an additional 3,559 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Albany International during the first quarter worth about $7,468,000. 97.37% of the stock is owned by institutional investors and hedge funds.

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.