Granite Investment Partners LLC Buys 45,389 Shares of Albany International Corporation $AIN

Posted by Brenda Bartman on Jul 9th, 2026

Granite Investment Partners LLC boosted its stake in Albany International Corporation (NYSE:AIN – Free Report) by 72.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,420 shares of the textile maker’s stock after buying an additional 45,389 shares during the period. Granite Investment Partners LLC’s holdings in Albany International were worth $5,661,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Smartleaf Asset Management LLC grew its holdings in shares of Albany International by 32.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker’s stock worth $49,000 after acquiring an additional 174 shares during the period. California State Teachers Retirement System lifted its stake in shares of Albany International by 0.6% in 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 purchasing an additional 179 shares during the period. CWM LLC lifted its stake in shares of Albany International by 39.3% in the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock valued at $36,000 after purchasing an additional 201 shares during the period. Osaic Holdings Inc. boosted its position in shares of Albany International by 42.3% during the second quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock valued at $64,000 after purchasing an additional 270 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Albany International by 227.3% during 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 in the last quarter. 97.37% of the stock is owned by institutional investors.

Albany International Price Performance

Shares of NYSE AIN opened at $71.46 on Thursday. The firm has a market cap of $2.03 billion, a P/E ratio of -35.03, a PEG ratio of 3.14 and a beta of 1.17. Albany International Corporation has a twelve month low of $41.15 and a twelve month high of $76.56. The company has a quick ratio of 1.88, a current ratio of 2.20 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $66.69 and a 200 day moving average of $59.45.

Albany International (NYSE:AIN – Get Free Report) last issued its earnings results on Thursday, April 30th. The textile maker reported $0.60 EPS for the quarter, beating the consensus estimate of $0.55 by $0.05. The business had revenue of $311.33 million for the quarter, compared to the consensus estimate of $281.00 million. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $0.73 EPS. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. As a group, research analysts expect that Albany International Corporation will post 2.79 EPS for the current fiscal year.

Albany International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Friday, June 5th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.12 annualized dividend and a dividend yield of 1.6%. Albany International’s dividend payout ratio (DPR) is -54.90%.

Analyst Ratings Changes

A number of equities analysts have issued reports on AIN shares. Truist Financial increased their price objective on Albany International from $55.00 to $61.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a report on Wednesday, June 24th. Finally, Wall Street Zen downgraded shares of Albany International from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $62.33.

Check Out Our Latest Stock Analysis on Albany International

Albany International Profile

(Free Report)

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.