Albany International (NYSE:AIN) Price Target Raised to $71.00

Albany International (NYSE:AIN) had its target price upped by equities researchers at JPMorgan Chase & Co. from $67.00 to $71.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “neutral” rating on the textile maker’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 6.14% from the company’s current price.

Several other brokerages have also recently weighed in on AIN. Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. Robert W. Baird upped their target price on Albany International from $64.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. Weiss Ratings upgraded shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, October 20th. Finally, Zacks Research upgraded shares of Albany International from a “hold” rating to a “strong-buy” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $69.00.

Albany International Price Performance

NYSE:AIN traded up $1.93 during trading hours on Friday, reaching $66.89. 407,278 shares of the company were exchanged, compared to its average volume of 272,156. 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. The company has a market capitalization of $1.90 billion, a P/E ratio of 21.65, a P/E/G ratio of 1.49 and a beta of 1.17. The business has a 50 day moving average of $60.44 and a 200 day moving average of $61.72.

Albany International (NYSE:AIN) last posted its earnings results on Wednesday, October 28th. The textile maker reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.20. The company had revenue of $349.54 million for the quarter, compared to analyst estimates of $326.12 million. Albany International had a return on equity of 14.48% and a net margin of 6.73%. The company’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter last year, the company earned $0.71 earnings per share. Research analysts forecast that Albany International will post 3.36 EPS for the current year.

Hedge Funds Weigh In On Albany International

Hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in Albany International by 18.2% during the first quarter. Bank of America Corp DE now owns 1,043,579 shares of the textile maker’s stock worth $54,485,000 after purchasing an additional 160,370 shares during the last quarter. Sei Investments Co. raised its stake in shares of Albany International by 1.4% in the 1st quarter. Sei Investments Co. now owns 786,470 shares of the textile maker’s stock valued at $41,062,000 after acquiring an additional 10,878 shares in the last quarter. Gamco Investors INC. ET AL raised its holdings in Albany International by 199.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 644,605 shares of the textile maker’s stock valued at $33,655,000 after acquiring an additional 429,561 shares in the last quarter. Gabelli Funds LLC raised its holdings in shares of Albany International by 88.5% in the first quarter. Gabelli Funds LLC now owns 281,703 shares of the textile maker’s stock valued at $14,708,000 after buying an additional 132,226 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Albany International by 2.0% during the first quarter. Principal Financial Group Inc. now owns 139,739 shares of the textile maker’s stock worth $7,296,000 after acquiring an additional 2,776 shares during the period. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Albany International News Roundup

Here are the key news stories impacting Albany International this week:

• Positive Sentiment: Third-quarter results exceeded expectations. Albany International reported adjusted earnings of $1.68 per share, above the $1.48 consensus estimate, while revenue rose 33.7% year over year to $349.54 million, exceeding expectations of $326.12 million. Earnings also more than doubled from $0.71 per share a year earlier. Albany International Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Engineered Composites performance supported the quarter. Management highlighted strong team execution and the favorable conclusion of a strategic review involving its Amelia Earhart Drive facility, which may improve operational focus and investor confidence. Albany International Reports Third-Quarter 2026 Results
• Positive Sentiment: Analyst sentiment improved. Zacks Research upgraded Albany International from “hold” to “strong-buy,” and AIN was added to several Zacks Rank #1 lists covering strong-buy, value and income stocks. These changes may attract additional momentum-oriented and income-focused investors. Zacks upgrades Albany International
• Neutral Sentiment: Fourth-quarter guidance was mixed but close to consensus. Management forecast EPS of $0.65 to $0.75 versus the $0.71 analyst estimate and revenue of $325 million to $335 million versus consensus of $332.4 million. The midpoint is near expectations, limiting the potential downside but offering little incremental upside.

About Albany International

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.