Albany International Corporation (AIN) – What Are Researchers Saying About This Stock?

Shares of Albany International Corporation (NYSE:AIN) have been given an average recommendation of “Reduce” by the five analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $67.67.

Several brokerages have recently issued reports on AIN. Weiss Ratings raised Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, October 20th. Wall Street Zen upgraded Albany International from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. JPMorgan Chase & Co. raised their target price on Albany International from $61.00 to $67.00 and gave the company a “neutral” rating in a research note on Friday, October 9th. Finally, Robert W. Baird lifted their price target on Albany International from $64.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd.

Institutional Trading of Albany International

A number of hedge funds have recently modified their holdings of the business. Nykredit A S purchased a new stake in shares of Albany International in the 2nd quarter worth about $31,000. Integrated Wealth Concepts LLC purchased a new position in Albany International during the 2nd quarter valued at about $35,000. Allworth Financial LP lifted its position in Albany International by 95.1% during the 2nd quarter. Allworth Financial LP now owns 474 shares of the textile maker’s stock valued at $35,000 after acquiring an additional 231 shares during the period. Sterling Capital Management LLC lifted its position in Albany International by 62.6% during the 3rd quarter. Sterling Capital Management LLC now owns 691 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 266 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position in Albany International by 25.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,222 shares of the textile maker’s stock valued at $73,000 after acquiring an additional 248 shares during the period. Institutional investors own 97.37% of the company’s stock.

Albany International Stock Down 0.5%

Shares of AIN opened at $62.85 on Friday. The firm’s 50-day moving average price is $60.34 and its 200-day moving average price is $61.64. Albany International has a 1-year low of $41.15 and a 1-year high of $77.00.

Albany International (NYSE:AIN) last announced its quarterly earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.08. The company had revenue of $329.48 million for the quarter, compared to analysts’ expectations of $340.10 million. Albany International’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 EPS. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. Sell-side analysts anticipate that Albany International will post 3.36 earnings per share for the current year.

Albany International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.12 annualized dividend and a yield of 1.8%.

Albany International Company Profile

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.