Albany International (NYSE:AIN – Get Free Report) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday, Wall Street Zen reports.
AIN has been the subject of several other reports. Weiss Ratings raised shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, October 20th. Robert W. Baird boosted their price objective on Albany International from $64.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Zacks Research upgraded Albany International from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. raised their target price on shares of Albany International from $67.00 to $71.00 and gave the company a “neutral” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $69.00.
Get Our Latest Report on Albany International
Albany International Price Performance
Shares of NYSE AIN opened at $66.89 on Friday. Albany International has a 1 year low of $41.15 and a 1 year high of $77.00. The company’s 50-day moving average is $60.60 and its 200 day moving average is $61.77. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.41 and a quick ratio of 1.89. The stock has a market capitalization of $1.90 billion, a P/E ratio of 21.65, a P/E/G ratio of 1.55 and a beta of 1.17.
Albany International (NYSE:AIN – Get Free Report) last released 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 14.25%. The company’s revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 EPS. On average, sell-side analysts expect that Albany International will post 3.36 earnings per share for the current year.
Institutional Trading of Albany International
Institutional investors have recently bought and sold shares of the stock. Bridge City Capital LLC increased its position in Albany International by 21.5% during the third quarter. Bridge City Capital LLC now owns 79,053 shares of the textile maker’s stock valued at $4,712,000 after acquiring an additional 14,003 shares during the last quarter. State of Wyoming bought a new position in Albany International during the 3rd quarter valued at about $400,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Albany International during the 3rd quarter valued at about $322,000. Asset Management One Co. Ltd. raised its position in Albany International by 31.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 4,368 shares of the textile maker’s stock worth $260,000 after purchasing an additional 1,047 shares during the period. Finally, Sterling Capital Management LLC boosted its position in shares of Albany International by 62.6% during the third quarter. Sterling Capital Management LLC now owns 691 shares of the textile maker’s stock valued at $41,000 after buying an additional 266 shares during the period. 97.37% of the stock is currently owned by institutional investors.
Key Headlines Impacting Albany International
Here are the key news stories impacting Albany International this week:
- Positive Sentiment: Third-quarter results exceeded expectations. Albany International reported adjusted earnings of $1.68 per share, above the $1.48 consensus estimate, while revenue rose 33.7% year over year to $349.54 million, exceeding expectations of $326.12 million. Earnings also more than doubled from $0.71 per share a year earlier. Albany International Q3 Earnings and Revenues Top Estimates
- Positive Sentiment: Engineered Composites performance supported the quarter. Management highlighted strong team execution and the favorable conclusion of a strategic review involving its Amelia Earhart Drive facility, which may improve operational focus and investor confidence. Albany International Reports Third-Quarter 2026 Results
- Positive Sentiment: Analyst sentiment improved. Zacks Research upgraded Albany International from “hold” to “strong-buy,” and AIN was added to several Zacks Rank #1 lists covering strong-buy, value and income stocks. These changes may attract additional momentum-oriented and income-focused investors. Zacks upgrades Albany International
- Neutral Sentiment: Fourth-quarter guidance was mixed but close to consensus. Management forecast EPS of $0.65 to $0.75 versus the $0.71 analyst estimate and revenue of $325 million to $335 million versus consensus of $332.4 million. The midpoint is near expectations, limiting the potential downside but offering little incremental upside.
About Albany International
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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