Albany International Corporation (NYSE:AIN) Receives $61.50 Average Target Price from Analysts

Albany International Corporation (NYSE:AIN) has received an average recommendation of “Reduce” from the six research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $61.50.

A number of research firms recently issued reports on AIN. Zacks Research raised shares of Albany International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Truist Financial set a $55.00 target price on shares of Albany International in a research report on Friday, January 9th. JPMorgan Chase & Co. increased their target price on shares of Albany International from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th.

Institutional Trading of Albany International

A number of institutional investors and hedge funds have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. acquired a new stake in Albany International during the 4th quarter worth approximately $10,323,000. Invesco Ltd. grew its position 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 grew its position 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. Institutional investors and hedge funds own 97.37% of the company’s stock.

Albany International Trading Up 1.3%

NYSE AIN opened at $52.92 on Friday. Albany International has a 12 month low of $41.15 and a 12 month high of $73.00. The company has a 50-day moving average of $55.75 and a 200-day moving average of $53.85. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.10 and a quick ratio of 1.83. The company has a market cap of $1.50 billion, a P/E ratio of -26.20, a P/E/G ratio of 2.02 and a beta of 1.18.

Albany International (NYSE:AIN) last posted its quarterly earnings data on Tuesday, February 24th. The textile maker reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The company had revenue of $321.21 million during the quarter, compared to the consensus estimate of $292.32 million. Albany International had a negative net margin of 4.85% and a positive return on equity of 9.64%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 EPS. Albany International has set its Q1 2026 guidance at 0.500-0.600 EPS. As a group, equities analysts predict that Albany International will post 3.23 earnings per share for the current year.

Albany International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Friday, March 20th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 20th. Albany International’s dividend payout ratio is -55.45%.

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.