Albany International Corporation (NYSE:AIN) Given Average Recommendation of “Reduce” by Analysts

Albany International Corporation (NYSE:AIN) has been given a consensus recommendation of “Reduce” by the six ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $61.50.

A number of research firms recently weighed in on AIN. JPMorgan Chase & Co. raised 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. Zacks Research raised shares of Albany International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Albany International in a research note on Monday, December 29th. Finally, Truist Financial set a $55.00 target price on shares of Albany International in a research report on Friday, January 9th.

Albany International Trading Down 3.3%

Shares of Albany International stock opened at $56.53 on Tuesday. The company has a market capitalization of $1.62 billion, a P/E ratio of -27.98, a price-to-earnings-growth ratio of 2.26 and a beta of 1.18. The stock has a fifty day simple moving average of $56.92 and a 200 day simple moving average of $55.07. Albany International has a 12-month low of $41.15 and a 12-month high of $75.16. The company has a current ratio of 2.10, a quick ratio of 1.83 and a debt-to-equity ratio of 0.62.

Albany International (NYSE:AIN) last issued its quarterly earnings data on Tuesday, February 24th. The textile maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.01. The business had revenue of $321.21 million for the quarter, compared to analysts’ expectations of $292.32 million. Albany International had a positive return on equity of 9.64% and a negative net margin of 4.85%.The business’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the business earned $0.58 EPS. Albany International has set its Q1 2026 guidance at 0.500-0.600 EPS. On average, sell-side analysts anticipate that Albany International will post 3.23 earnings per share for the current fiscal year.

Albany International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Friday, March 20th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, March 20th. Albany International’s dividend payout ratio (DPR) is -55.45%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AIN. American Century Companies Inc. raised its stake in shares of Albany International by 0.7% during the 3rd quarter. American Century Companies Inc. now owns 1,709,230 shares of the textile maker’s stock worth $91,102,000 after purchasing an additional 11,265 shares during the period. Bank of America Corp DE grew its position in Albany International by 1.8% during the second quarter. Bank of America Corp DE now owns 1,457,609 shares of the textile maker’s stock valued at $102,222,000 after buying an additional 25,283 shares during the period. State Street Corp increased its holdings in Albany International by 1.1% during the fourth quarter. State Street Corp now owns 1,141,412 shares of the textile maker’s stock worth $58,161,000 after buying an additional 12,684 shares during the last quarter. William Blair Investment Management LLC increased its holdings in Albany International by 24.8% during the third quarter. William Blair Investment Management LLC now owns 876,455 shares of the textile maker’s stock worth $46,715,000 after buying an additional 174,023 shares during the last quarter. Finally, Sei Investments Co. raised its position in Albany International by 0.7% in the third quarter. Sei Investments Co. now owns 802,840 shares of the textile maker’s stock worth $42,791,000 after acquiring an additional 5,426 shares during the period. Institutional investors own 97.37% of the company’s stock.

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.