Edgestream Partners L.P. Sells 11,282 Shares of Albany International Corporation $AIN

Edgestream Partners L.P. cut its stake in shares of Albany International Corporation (NYSE:AIN) by 54.7% during the 1st quarter, HoldingsChannel reports. The firm owned 9,326 shares of the textile maker’s stock after selling 11,282 shares during the period. Edgestream Partners L.P.’s holdings in Albany International were worth $487,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its stake in shares of Albany International by 32.4% during 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 boosted its holdings in shares of Albany International by 0.6% during 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 acquiring an additional 179 shares in the last quarter. CWM LLC grew its position in Albany International by 39.3% during the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock worth $36,000 after acquiring an additional 201 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Albany International by 42.3% in the 2nd quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock worth $64,000 after purchasing an additional 270 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Albany International by 227.3% in the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock valued at $38,000 after purchasing an additional 375 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Albany International Price Performance

AIN stock opened at $61.78 on Thursday. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of -35.51, a PEG ratio of 2.63 and a beta of 1.17. The company has a quick ratio of 1.88, a current ratio of 2.24 and a debt-to-equity ratio of 0.60. The company’s fifty day simple moving average is $71.60 and its 200 day simple moving average is $62.24. Albany International Corporation has a 12-month low of $41.15 and a 12-month high of $77.00.

Albany International (NYSE:AIN) last released its quarterly earnings data on Tuesday, August 4th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. Albany International had a negative net margin of 4.18% and a positive return on equity of 10.76%. The company had revenue of $329.48 million for the quarter, compared to analysts’ expectations of $340.10 million. During the same quarter in the prior year, the firm earned $0.31 EPS. The business’s revenue 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 expect that Albany International Corporation will post 2.85 earnings per share for the current year.

Albany International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Friday, June 5th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, June 5th. Albany International’s payout ratio is presently -54.90%.

More Albany International News

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

• Positive Sentiment: Albany International reported second-quarter adjusted EPS of $0.82, above analyst expectations of $0.74-$0.80 and up from $0.31 a year earlier. Revenue increased 5.8% year over year. Albany International Q2 Earnings Surpass Estimates
• Positive Sentiment: Management said second-quarter adjusted EBITDA was the company’s strongest in two years, rising 11.5% from the prior year despite several discrete factors weighing on revenue. Albany International Reports Second-Quarter 2026 Results
• Positive Sentiment: Third-quarter revenue guidance of $320 million to $330 million is above the $311 million analyst consensus, suggesting demand may remain relatively resilient. Albany International Q2 Earnings Report
• Neutral Sentiment: Management’s earnings call commentary emphasized the strong EBITDA performance while acknowledging that quarterly revenue was modestly below expectations. Investors are likely focused on whether the factors affecting sales are temporary or persist into the second half of 2026. Albany International Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly revenue of $329.5 million fell short of the $340.1 million consensus estimate, tempering the stronger-than-expected EPS result. Albany International Q2 Earnings Snapshot
• Negative Sentiment: Third-quarter EPS guidance of $0.60 to $0.70 has a midpoint of $0.65, slightly below the $0.66 consensus estimate. The company also continues to report a negative net margin, which may reinforce concerns about profitability despite improved operating earnings. Albany International Earnings Report

Albany International 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.