Brokerages Set Albany International Corporation (NYSE:AIN) Target Price at $61.50

Shares of Albany International Corporation (NYSE:AIN) have been assigned a consensus recommendation of “Reduce” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $61.50.

Several analysts have issued reports on AIN shares. Truist Financial upgraded shares of Albany International to a “hold” rating in a research report on Thursday, May 21st. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research report on Friday, March 27th. Zacks Research upgraded shares of Albany International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded shares of Albany International from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th.

Albany International Stock Up 0.0%

AIN opened at $64.68 on Friday. The stock has a market cap of $1.84 billion, a PE ratio of -31.70, a P/E/G ratio of 2.65 and a beta of 1.18. The company has a quick ratio of 1.88, a current ratio of 2.20 and a debt-to-equity ratio of 0.65. Albany International has a 52 week low of $41.15 and a 52 week high of $73.00. The business’s fifty day simple moving average is $57.40 and its 200 day simple moving average is $54.79.

Albany International (NYSE:AIN) last released its earnings results on Thursday, April 30th. The textile maker reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.05. The business had revenue of $311.33 million for the quarter, compared to analysts’ expectations of $281.00 million. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.The firm’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 earnings per share. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. As a group, research analysts expect that Albany International will post 2.91 earnings per share for the current fiscal year.

Albany International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Friday, June 5th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, June 5th. Albany International’s dividend payout ratio is presently -54.90%.

Institutional Trading of Albany International

A number of institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in shares of Albany International by 32.4% during the second quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker’s stock worth $49,000 after purchasing an additional 174 shares during the period. California State Teachers Retirement System boosted its holdings in shares of Albany International by 0.6% during the second quarter. California State Teachers Retirement System now owns 28,783 shares of the textile maker’s stock worth $2,019,000 after purchasing an additional 179 shares during the period. CWM LLC boosted its holdings in shares of Albany International by 39.3% during the fourth quarter. CWM LLC now owns 712 shares of the textile maker’s stock worth $36,000 after purchasing an additional 201 shares during the period. Dakota Wealth Management boosted its holdings in shares of Albany International by 1.8% during the third quarter. Dakota Wealth Management now owns 13,878 shares of the textile maker’s stock worth $740,000 after purchasing an additional 245 shares during the period. Finally, Osaic Holdings Inc. boosted 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 worth $64,000 after purchasing an additional 270 shares during the period. 97.37% of the stock is currently owned by hedge funds and other institutional investors.

Albany International Company 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.