Albany International (NYSE:AIN) Issues Q3 2026 Earnings Guidance

Albany International (NYSE:AIN) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.600-0.700 for the period, compared to the consensus EPS estimate of 0.660. The company issued revenue guidance of $320.0 million-$330.0 million, compared to the consensus revenue estimate of $311.0 million.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Truist Financial upped their price objective 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 upgraded shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $54.00.

Albany International Trading Down 14.5%

Shares of Albany International stock traded down $10.92 during trading on Tuesday, hitting $64.20. The company’s stock had a trading volume of 224,327 shares, compared to its average volume of 266,539. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.20 and a quick ratio of 1.88. Albany International has a 52 week low of $41.15 and a 52 week high of $77.00. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of -31.68, a price-to-earnings-growth ratio of 3.18 and a beta of 1.17. The stock has a 50-day moving average price of $71.66 and a two-hundred day moving average price of $62.19.

Albany International (NYSE:AIN) last announced its earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. Equities research analysts anticipate that Albany International will post 2.79 EPS for the current fiscal year.

Albany International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Friday, June 5th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, June 5th. Albany International’s dividend payout ratio (DPR) is -54.90%.

Institutional Trading of Albany International

Institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its holdings in Albany International by 227.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after purchasing an additional 375 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake 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 purchasing an additional 174 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Albany International by 42.3% during the second quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock worth $64,000 after buying an additional 270 shares during the period. Quadrant Capital Group LLC increased its position in shares of Albany International by 519.7% during the fourth quarter. Quadrant Capital Group LLC now owns 1,382 shares of the textile maker’s stock worth $70,000 after buying an additional 1,159 shares during the period. Finally, Lazard Asset Management LLC bought a new position in Albany International during the second quarter worth $77,000. 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.