Albany International (NYSE:AIN – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.700-0.800 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $335.0 million-$345.0 million, compared to the consensus revenue estimate of $306.1 million.
Analyst Upgrades and Downgrades
Several brokerages have commented on AIN. Zacks Research upgraded shares of Albany International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th. Truist Financial set a $55.00 target price on shares of Albany International in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their target price 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. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $61.50.
Albany International Trading Down 0.6%
Albany International (NYSE:AIN – Get Free Report) last issued its earnings results on Thursday, April 30th. The textile maker reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.05. The business had revenue of $311.33 million for the quarter, compared to the consensus estimate of $281.00 million. Albany International had a negative net margin of 4.85% and a positive return on equity of 9.64%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 EPS. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. As a group, analysts forecast that Albany International will post 2.91 EPS for the current year.
Albany International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Friday, March 20th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.9%. Albany International’s dividend payout ratio (DPR) is -55.45%.
Key Headlines Impacting Albany International
Here are the key news stories impacting Albany International this week:
- Positive Sentiment: Q2 guidance raised above consensus — management set Q2 FY2026 EPS of $0.70–$0.80 and revenue guidance of roughly $335M–$345M, both above Street estimates, signaling stronger near-term demand and upside to analyst models. Albany (NYSE:AIN) Reports Strong Q1 CY2026
- Positive Sentiment: Q1 revenue and consensus beat — Q1 sales of $311.3M topped expectations (~$281M) and were up ~7.8% year-over-year, supporting the stronger guidance. Zacks: Q1 Earnings and Revenues Top Estimates
- Positive Sentiment: Long-term aerospace contract — Albany Engineered Composites won a Pratt & Whitney agreement through 2036 to supply composite engine components, adding multi-year, high‑precision aerospace revenue visibility. Business Wire: Pratt & Whitney Contract
- Neutral Sentiment: Earnings materials and call available — the company posted its Q1 press release, slide deck and earnings-call materials, useful for analysts updating models but not new facts beyond the results/guidance. Q1 Press Release / Slide Deck
- Neutral Sentiment: Earnings-call presentation posted — Seeking Alpha and TipRanks summarized the call and slides; useful detail for analysts on segment performance and cost drivers. Seeking Alpha: Q1 Presentation TipRanks: Call Highlights
- Negative Sentiment: Margin pressure and EPS decline — although EPS beat estimates at $0.60, it was below last year’s $0.73 and the company signaled margin headwinds (higher costs and mix issues) on the call, which could compress near-term profitability. TipRanks: Margin Headwinds
Hedge Funds Weigh In On Albany International
A number of hedge funds and other institutional investors have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. acquired a new stake in Albany International in the fourth quarter valued at approximately $10,323,000. Invesco Ltd. boosted its stake in Albany International by 5.4% in the fourth quarter. Invesco Ltd. now owns 113,792 shares of the textile maker’s stock valued at $5,769,000 after acquiring an additional 5,802 shares in the last quarter. XTX Topco Ltd acquired a new stake in Albany International in the fourth quarter valued at approximately $2,887,000. Voloridge Investment Management LLC boosted its stake in Albany International by 40.9% in the fourth quarter. Voloridge Investment Management LLC now owns 229,477 shares of the textile maker’s stock valued at $11,634,000 after acquiring an additional 66,569 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in Albany International in the fourth quarter valued at approximately $499,000. 97.37% of the stock is currently owned by institutional investors.
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.
Read More
Receive News & Ratings for Albany International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Albany International and related companies with MarketBeat.com's FREE daily email newsletter.
