Albany International (NYSE:AIN) Announces Earnings Results

Albany International (NYSE:AIN) issued its earnings results on Tuesday. The textile maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01, Briefing.com reports. Albany International had a negative net margin of 4.66% and a positive return on equity of 8.98%. During the same quarter in the previous year, the business earned $0.58 earnings per share. The firm’s revenue was up 12.0% on a year-over-year basis. Albany International updated its Q1 2026 guidance to 0.500-0.600 EPS.

Albany International Stock Performance

Shares of Albany International stock opened at $57.91 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.34 and a quick ratio of 1.84. The firm has a 50 day simple moving average of $55.50 and a 200 day simple moving average of $55.39. Albany International has a fifty-two week low of $41.15 and a fifty-two week high of $81.03. The firm has a market cap of $1.66 billion, a P/E ratio of -29.85, a P/E/G ratio of 2.39 and a beta of 1.21.

Albany International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Tuesday, December 16th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from Albany International’s previous quarterly dividend of $0.27. The ex-dividend date was Tuesday, December 16th. Albany International’s dividend payout ratio is -57.73%.

Institutional Investors Weigh In On Albany International

A number of institutional investors and hedge funds have recently modified their holdings of AIN. EverSource Wealth Advisors LLC boosted its holdings in Albany International by 227.3% during the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after buying an additional 375 shares during the last quarter. Smartleaf Asset Management LLC raised its position 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 valued at $49,000 after acquiring an additional 174 shares during the period. Osaic Holdings Inc. boosted its stake in Albany International by 42.3% during the 2nd quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock worth $64,000 after acquiring an additional 270 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Albany International by 519.7% during the 4th quarter. Quadrant Capital Group LLC now owns 1,382 shares of the textile maker’s stock worth $70,000 after acquiring an additional 1,159 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in Albany International during the second quarter valued at approximately $77,000. 97.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on AIN. Weiss Ratings reiterated a “sell (d)” rating on shares of Albany International in a research note on Monday, December 29th. Truist Financial set a $55.00 price objective on Albany International in a research note on Friday, January 9th. Zacks Research downgraded shares of Albany International from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. upped their price target on shares of Albany International from $45.00 to $47.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Three investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $61.50.

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.