SG Americas Securities LLC Boosts Stake in Albany International Corporation $AIN

SG Americas Securities LLC boosted its position in Albany International Corporation (NYSE:AIN) by 287.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,692 shares of the textile maker’s stock after purchasing an additional 23,502 shares during the quarter. SG Americas Securities LLC owned approximately 0.11% of Albany International worth $1,607,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC grew 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 worth $49,000 after buying an additional 174 shares during the last quarter. California State Teachers Retirement System boosted its holdings in Albany International by 0.6% in the second quarter. California State Teachers Retirement System now owns 28,783 shares of the textile maker’s stock worth $2,019,000 after acquiring an additional 179 shares in the last quarter. Blue Trust Inc. boosted its holdings in Albany International by 6.1% in the third quarter. Blue Trust Inc. now owns 3,433 shares of the textile maker’s stock worth $183,000 after acquiring an additional 196 shares in the last quarter. Dakota Wealth Management grew its stake in shares of Albany International by 1.8% in the third quarter. Dakota Wealth Management now owns 13,878 shares of the textile maker’s stock worth $740,000 after acquiring an additional 245 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings 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 valued at $64,000 after acquiring an additional 270 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

Albany International Trading Up 1.3%

NYSE:AIN opened at $52.92 on Tuesday. 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 firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of -26.20, a price-to-earnings-growth ratio of 2.02 and a beta of 1.18. Albany International Corporation has a one year low of $41.15 and a one year high of $73.00. The business has a fifty day moving average price of $55.75 and a 200-day moving average price of $53.85.

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

Albany International Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AIN. Weiss Ratings reissued a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th. Truist Financial set a $55.00 price objective on Albany International in a research report on Friday, January 9th. JPMorgan Chase & Co. lifted their target price on Albany International from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, Zacks Research upgraded Albany International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $61.50.

Albany International 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.