Albany International (NYSE:AIN) Posts Earnings Results, Beats Expectations By $0.05 EPS

Albany International (NYSE:AIN) issued its quarterly earnings data on Thursday. The textile maker reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.05, Zacks reports. Albany International had a positive return on equity of 9.64% and a negative net margin of 4.85%.The business had revenue of $311.33 million for the quarter, compared to analysts’ expectations of $281.00 million. During the same quarter in the prior year, the firm posted $0.73 EPS. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. Albany International updated its Q2 2026 guidance to 0.700-0.800 EPS.

Here are the key takeaways from Albany International’s conference call:

• Quarterly results showed $311.3 million in revenue (up 7.8% YoY) with Adjusted results of $48.2 million and a margin decline to 15.5% driven by mix (more Engineered Composites) and foreign exchange headwinds.
• Engineered Composites outperformed internal expectations with revenue of $145.4 million, new contract wins including Pratt & Whitney Geared Turbofan work, and ramping demand across commercial and defense programs (LEAP, JASSM/LRASM, CH-53K).
• Machine Clothing revenue fell to $166 million amid softness and overcapacity in China and an equipment failure early in Q1—management says recovery is underway but visibility in China remains limited.
• The strategic review of the Amelia Earhart Drive (CH-53K) facility is on schedule with a PwC standalone analysis completed and marketing materials being finalized, but no conclusions or transaction details yet.
• Liquidity and outlook were reinforced with improved free cash flow (-$3.6 million vs. -$13.5M prior), $122.6 million cash, ~$354 million net debt and ~$446 million available capital, plus Q2 revenue guidance of $335–345 million and Adj. EPS of $0.70–0.80.

Albany International Trading Down 0.2%

AIN traded down $0.13 on Thursday, hitting $57.89. 566,160 shares of the company were exchanged, compared to its average volume of 195,905. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.83 and a current ratio of 2.10. The firm has a fifty day simple moving average of $55.43 and a two-hundred day simple moving average of $54.10. The stock has a market capitalization of $1.64 billion, a PE ratio of -28.66, a price-to-earnings-growth ratio of 2.37 and a beta of 1.18. Albany International has a 12 month low of $41.15 and a 12 month high of $73.00.

Albany International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Friday, March 20th were issued a dividend of $0.28 per share. The ex-dividend date was Friday, March 20th. This represents a $1.12 annualized dividend and a yield of 1.9%. Albany International’s dividend payout ratio is currently -55.45%.

Key Headlines Impacting Albany International

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

• Positive Sentiment: Management raised Q2 2026 guidance to $0.70–$0.80 EPS and revenue of roughly $335M–$345M, well above consensus—this upside guidance is a primary positive driver for the stock. Albany (NYSE:AIN) Reports Strong Q1 CY2026
• Positive Sentiment: Q1 results beat estimates: EPS $0.60 vs. $0.55 expected and revenue $311.3M vs. $281M expected, with revenue up 7.8% year-over-year—supports the view of underlying top-line momentum. Albany International (AIN) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Albany Engineered Composites secured a long-term Pratt & Whitney contract through 2036 for GTF engine components — a multi-year, high‑precision aerospace win that adds durable revenue visibility for the composites segment. Albany Engineered Composites Receives Pratt & Whitney Engine Component Contract Through 2036
• Neutral Sentiment: Company posted investor materials and an earnings presentation; slides/recording provide more detail on segment performance and capex — useful for modeling but not an immediate catalyst. Albany International Corp. 2026 Q1 – Results – Earnings Call Presentation
• Negative Sentiment: Management flagged margin headwinds on the earnings call — cost and mix pressures are weighing on profitability, contributing to a negative net margin and limiting upside to EPS despite revenue growth. Albany International Balances Growth With Margin Headwinds
• Negative Sentiment: EPS declined year-over-year (Q1 2026 EPS $0.60 vs. $0.73 a year ago) and the company still reports a negative net margin—this raises questions about operating leverage and near-term profitability. Albany International Reports First-Quarter 2026 Results

Institutional Trading of Albany International

A number of institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its holdings in shares of Albany International by 227.3% in the second 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 raised its holdings in Albany International by 32.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker’s stock valued at $49,000 after buying an additional 174 shares during the last quarter. Osaic Holdings Inc. boosted its position in Albany International by 42.3% during the 2nd quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock valued at $64,000 after buying an additional 270 shares during the period. Quadrant Capital Group LLC boosted its position in Albany International by 519.7% during the 4th quarter. Quadrant Capital Group LLC now owns 1,382 shares of the textile maker’s stock valued at $70,000 after buying an additional 1,159 shares during the period. Finally, Lazard Asset Management LLC bought a new stake in Albany International in the 2nd quarter worth $77,000. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.