Albany International (NYSE:AIN – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.
Several other brokerages also recently commented on AIN. JPMorgan Chase & Co. upped their price target on shares of Albany International from $61.00 to $67.00 and gave the company a “neutral” rating in a report on Friday, October 9th. Weiss Ratings raised shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, October 20th. Robert W. Baird boosted their target price on Albany International from $64.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Finally, Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $67.67.
Read Our Latest Analysis on Albany International
Albany International Trading Up 4.1%
AIN stock opened at $65.06 on Wednesday. The firm has a fifty day moving average price of $60.44 and a 200 day moving average price of $61.72. Albany International has a fifty-two week low of $41.15 and a fifty-two week high of $77.00. The firm has a market cap of $1.85 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.89 and a current ratio of 2.24.
Albany International (NYSE:AIN – Get Free Report) last posted its earnings results on Wednesday, October 28th. The textile maker reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.20. The firm had revenue of $349.54 million for the quarter, compared to the consensus estimate of $326.12 million. Albany International had a net margin of 6.73% and a return on equity of 14.48%. The business’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 EPS. Sell-side analysts anticipate that Albany International will post 3.36 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Albany International
Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its stake in shares of Albany International by 18.2% in the first quarter. Bank of America Corp DE now owns 1,043,579 shares of the textile maker’s stock worth $54,485,000 after buying an additional 160,370 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Albany International by 1.4% during the 1st quarter. Sei Investments Co. now owns 786,470 shares of the textile maker’s stock valued at $41,062,000 after purchasing an additional 10,878 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of Albany International by 199.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 644,605 shares of the textile maker’s stock valued at $33,655,000 after purchasing an additional 429,561 shares during the period. Gabelli Funds LLC lifted its stake in shares of Albany International by 88.5% in the 1st quarter. Gabelli Funds LLC now owns 281,703 shares of the textile maker’s stock valued at $14,708,000 after purchasing an additional 132,226 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in Albany International by 2.0% during the first quarter. Principal Financial Group Inc. now owns 139,739 shares of the textile maker’s stock worth $7,296,000 after buying an additional 2,776 shares in the last quarter. Hedge funds and other 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: Q3 earnings and revenue exceeded expectations. Albany International reported earnings of $1.68 per share, above consensus estimates of approximately $1.48–$1.50, while revenue reached $349.54 million versus estimates of $326.12 million. Revenue increased 33.7% year over year, and EPS more than doubled from $0.71 in the prior-year quarter. Albany International Reports Third-Quarter 2026 Results
- Positive Sentiment: Engineered Composites led the quarter. Management highlighted strong execution and the favorable completion of a strategic review involving its Amelia Earhart Drive facility in less than a year. This may improve operational focus and reinforces the importance of the composites segment to Albany’s growth outlook. Albany International Q3 2026 Earnings Call Transcript
- Positive Sentiment: Analyst-screening recognition adds a sentiment boost. Zacks added AIN to its Rank #1, or “Strong Buy,” lists for overall stocks, value stocks and income stocks. These rankings could attract additional attention, although they are less significant than the earnings results. New Strong Buy Stocks for October 29th
- Positive Sentiment: Aerospace-composites exposure remains a strategic opportunity. Albany Engineered Composites joined Hexcel and other partners in developing next-generation bobsled cowlings, highlighting the company’s advanced-materials capabilities and aerospace-related ecosystem. Utah Advanced Composite Manufacturers Partnership
Albany International Company Profile
Albany International Corporation is an advanced materials and engineered products company serving the paper, aerospace and defense industries. Founded in 1895, the company develops and manufactures specialized textiles, composite materials and related process technologies for industrial applications.
Albany International operates through two primary businesses. Its Machine Clothing segment produces engineered fabrics and process belts used in paper manufacturing, including forming fabrics, press felts, dryer fabrics and other products that support papermaking efficiency and quality.
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