Albany International Corporation (NYSE:AIN) Receives Average Rating of “Reduce” from Brokerages

Shares of Albany International Corporation (NYSE:AIN) have been given a consensus rating of “Reduce” by the five research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $62.3333.

AIN has been the subject of several analyst reports. Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Truist Financial increased their target price on Albany International from $55.00 to $61.00 and gave the company a “hold” rating in a research note on Friday, June 12th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Albany International in a report on Wednesday, June 24th.

Institutional Investors Weigh In On Albany International

A number of large investors have recently added to or reduced their stakes in AIN. CWM LLC lifted its holdings in Albany International by 39.3% in the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock worth $36,000 after buying an additional 201 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Albany International by 227.3% in the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after acquiring an additional 375 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Albany International by 32.4% in 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. lifted its stake in Albany International by 42.3% in the second quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock valued at $64,000 after buying an additional 270 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its position in Albany International by 519.7% in the 4th quarter. Quadrant Capital Group LLC now owns 1,382 shares of the textile maker’s stock valued at $70,000 after purchasing an additional 1,159 shares during the last quarter. 97.37% of the stock is owned by institutional investors and hedge funds.

Albany International Stock Performance

NYSE:AIN opened at $74.58 on Monday. The company has a current ratio of 2.20, a quick ratio of 1.88 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of -36.56, a PEG ratio of 3.18 and a beta of 1.17. The firm’s fifty day simple moving average is $68.69 and its 200 day simple moving average is $60.55. Albany International has a twelve month low of $41.15 and a twelve month high of $76.56.

Albany International (NYSE:AIN) last announced its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $311.33 million during the quarter, compared to the consensus estimate of $281.00 million. During the same period in the prior year, the firm earned $0.73 EPS. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. As a group, equities research analysts expect that Albany International will post 2.79 earnings per share for the current fiscal year.

Albany International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Friday, June 5th were paid a dividend of $0.28 per share. The ex-dividend date was Friday, June 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.5%. Albany International’s dividend payout ratio (DPR) is currently -54.90%.

Albany International Company Profile

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.