Albany International Corporation (AIN) – What Are Analysts Thinking About This Stock?

Shares of Albany International Corporation (NYSE:AIN – Get Free Report) have been assigned an average rating of “Reduce” from the five brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $67.67.

AIN has been the topic of a number of research analyst reports. Weiss Ratings raised shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday. JPMorgan Chase & Co. increased their target price on Albany International from $61.00 to $67.00 and gave the stock a “neutral” rating in a research report on Friday, October 9th. Robert W. Baird boosted their price objective on Albany International from $64.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, September 3rd. Finally, Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research report on Sunday, October 11th.

View Our Latest Research Report on AIN

Hedge Funds Weigh In On Albany International

A number of large investors have recently bought and sold shares of the business. Nykredit A S acquired a new position in Albany International during the 2nd quarter valued at approximately $31,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Albany International in the second quarter valued at approximately $35,000. Allworth Financial LP increased its stake in shares of Albany International by 95.1% in the second quarter. Allworth Financial LP now owns 474 shares of the textile maker’s stock valued at $35,000 after purchasing an additional 231 shares during the period. 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 worth $41,000 after buying an additional 266 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in Albany International by 25.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,222 shares of the textile maker’s stock worth $73,000 after buying an additional 248 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

Albany International Price Performance

Shares of NYSE AIN opened at $63.35 on Friday. The company has a market cap of $1.80 billion, a PE ratio of -36.41, a P/E/G ratio of 1.55 and a beta of 1.17. The stock has a fifty day moving average price of $60.39 and a 200 day moving average price of $64.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.24 and a quick ratio of 1.89. Albany International has a 1-year low of $41.15 and a 1-year high of $77.00.

Albany International (NYSE:AIN – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. The firm had revenue of $329.48 million during the quarter, compared to analysts’ expectations of $340.10 million. Albany International had a negative net margin of 4.18% and a positive return on equity of 10.76%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 earnings per share. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. Sell-side analysts forecast that Albany International will post 3.36 EPS for the current year.

Albany International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 1st were given a $0.28 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.12 annualized dividend and a dividend yield of 1.8%. Albany International’s dividend payout ratio (DPR) is presently -64.37%.

Albany International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Albany International (NYSE:AIN)

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