Albany International (NYSE:AIN – Get Free Report) announced its quarterly earnings results on Thursday. The textile maker reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.05, Zacks reports. Albany International had a negative net margin of 4.85% and a positive return on equity of 9.64%. The firm had revenue of $311.33 million during the quarter, compared to analysts’ expectations of $281.00 million. During the same period in the prior year, the company posted $0.73 EPS. The company’s revenue was up 7.8% on a year-over-year basis. Albany International updated its Q2 2026 guidance to 0.700-0.800 EPS.
Here are the key takeaways from Albany International’s conference call:
- Quarterly results showed $311.3 million in revenue (up 7.8% YoY) with Adjusted results of $48.2 million and a margin decline to 15.5% driven by mix (more Engineered Composites) and foreign exchange headwinds.
- Engineered Composites outperformed internal expectations with revenue of $145.4 million, new contract wins including Pratt & Whitney Geared Turbofan work, and ramping demand across commercial and defense programs (LEAP, JASSM/LRASM, CH-53K).
- Machine Clothing revenue fell to $166 million amid softness and overcapacity in China and an equipment failure early in Q1—management says recovery is underway but visibility in China remains limited.
- The strategic review of the Amelia Earhart Drive (CH-53K) facility is on schedule with a PwC standalone analysis completed and marketing materials being finalized, but no conclusions or transaction details yet.
- Liquidity and outlook were reinforced with improved free cash flow (-$3.6 million vs. -$13.5M prior), $122.6 million cash, ~$354 million net debt and ~$446 million available capital, plus Q2 revenue guidance of $335–345 million and Adj. EPS of $0.70–0.80.
Albany International Trading Down 0.6%
Albany International stock traded down $0.35 during mid-day trading on Friday, hitting $57.70. 60,653 shares of the stock were exchanged, compared to its average volume of 289,589. The company has a quick ratio of 1.83, a current ratio of 2.10 and a debt-to-equity ratio of 0.62. Albany International has a 12 month low of $41.15 and a 12 month high of $73.00. The firm’s fifty day simple moving average is $55.43 and its two-hundred day simple moving average is $54.10. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -28.56, a PEG ratio of 2.37 and a beta of 1.18.
Albany International Dividend Announcement
More Albany International News
Here are the key news stories impacting Albany International this week:
- Positive Sentiment: Q1 results beat consensus: EPS $0.60 vs. $0.55 expected and revenue $311.3M vs. $281M expected; revenue rose ~7.8% year-over-year — demonstrates demand strength. Albany International (AIN) Q1 Earnings and Revenues Top Estimates
- Positive Sentiment: Company raised Q2 FY2026 guidance: EPS $0.70–$0.80 (consensus ~$0.66) and revenue guidance $335M–$345M (well above consensus ~$306M) — guidance lift is a key bullish driver. Albany (NYSE:AIN) Reports Strong Q1 CY2026
- Positive Sentiment: Long-term aerospace win: Albany Engineered Composites (AEC) secured a Pratt & Whitney contract through 2036 for composite engine components — adds multi-year revenue visibility in higher-margin aerospace markets. Albany Engineered Composites Receives Pratt & Whitney Engine Component Contract Through 2036
- Neutral Sentiment: Earnings call materials and slides available — provide more detail on segment trends, working capital and planned investments; these could sway sentiment depending on execution specifics. Albany International Corp. 2026 Q1 – Results – Earnings Call Presentation
- Negative Sentiment: Management warned of margin headwinds and cost/efficiency pressures; the company reported a negative net margin (~-4.85%) and Q1 EPS declined versus prior-year ($0.73 → $0.60), signaling margin recovery is a risk to near-term profitability. Albany International Balances Growth With Margin Headwinds
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in AIN. EverSource Wealth Advisors LLC raised its holdings in Albany International by 227.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after purchasing an additional 375 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in 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 purchasing an additional 174 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Albany International by 42.3% during 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 during the last quarter. Quadrant Capital Group LLC raised its holdings in Albany International by 519.7% during the 4th quarter. Quadrant Capital Group LLC now owns 1,382 shares of the textile maker’s stock worth $70,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Albany International in the 2nd quarter valued at $77,000. Institutional investors own 97.37% of the company’s stock.
Wall Street Analysts Forecast Growth
AIN has been the subject of several recent research reports. Truist Financial set a $55.00 price target on shares of Albany International in a research report on Friday, January 9th. JPMorgan Chase & Co. upped their price target on shares of Albany International from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th. Finally, Zacks Research upgraded shares of Albany International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Four analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $61.50.
Get Our Latest Stock Analysis on Albany International
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.
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