Albany International (NYSE:AIN) Upgraded to “Hold” at Truist Financial

Posted by Stanley Muller on May 22nd, 2026

Albany International (NYSE:AIN – Get Free Report) was upgraded by stock analysts at Truist Financial to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

A number of other equities research analysts have also commented on the company. Zacks Research upgraded Albany International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research note on Friday, March 27th. Finally, Wall Street Zen raised shares of Albany International from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $61.50.

Read Our Latest Stock Analysis on AIN

Albany International Stock Performance

Shares of AIN opened at $61.02 on Thursday. The stock has a 50-day moving average of $56.29 and a two-hundred day moving average of $54.38. Albany International has a one year low of $41.15 and a one year high of $73.00. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.88 and a current ratio of 2.20. The stock has a market cap of $1.73 billion, a P/E ratio of -29.91, a P/E/G ratio of 2.47 and a beta of 1.18.

Albany International (NYSE:AIN – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.05. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.The business had revenue of $311.33 million for the quarter, compared to analyst estimates of $281.00 million. During the same period in the prior year, the company earned $0.73 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. As a group, research analysts predict that Albany International will post 2.91 EPS for the current year.

Institutional Investors Weigh In On Albany International

Several hedge funds have recently bought and sold shares of AIN. Royal Bank of Canada grew its stake in shares of Albany International by 7.5% during the 1st quarter. Royal Bank of Canada now owns 15,590 shares of the textile maker’s stock worth $1,076,000 after purchasing an additional 1,085 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Albany International by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,569 shares of the textile maker’s stock valued at $1,282,000 after purchasing an additional 807 shares during the period. Millennium Management LLC boosted its holdings in Albany International by 464.4% during the first quarter. Millennium Management LLC now owns 91,934 shares of the textile maker’s stock worth $6,347,000 after buying an additional 75,644 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Albany International by 6.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,199 shares of the textile maker’s stock valued at $4,087,000 after buying an additional 3,559 shares during the period. Finally, Jane Street Group LLC acquired a new stake in Albany International during the first quarter valued at $7,468,000. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Albany International Company Profile

(Get 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.