Albany International (NYSE:AIN) Releases Q3 2026 Earnings Guidance

Albany International (NYSE:AIN) issued an update on its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.600-0.700 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $320.0 million-$330.0 million, compared to the consensus revenue estimate of $311.0 million.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AIN. Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Truist Financial raised their price target on shares of Albany International from $55.00 to $61.00 and gave the stock a “hold” rating in a research report on Friday, June 12th. Finally, Weiss Ratings upgraded shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, July 28th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $54.00.

Albany International Trading Up 1.4%

Shares of AIN stock opened at $62.70 on Thursday. Albany International has a 1 year low of $41.15 and a 1 year high of $77.00. The stock has a fifty day moving average of $71.60 and a two-hundred day moving average of $62.24. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.88 and a current ratio of 2.24. The firm has a market capitalization of $1.78 billion, a PE ratio of -35.89, a price-to-earnings-growth ratio of 2.63 and a beta of 1.17.

Albany International (NYSE:AIN) last released its earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. The firm had revenue of $329.48 million during the quarter, compared to the consensus estimate of $340.10 million. Albany International had a positive return on equity of 10.76% and a negative net margin of 4.18%.The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 earnings per share. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. As a group, research analysts expect that Albany International will post 2.85 EPS for the current year.

Albany International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Friday, June 5th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, June 5th. Albany International’s payout ratio is presently -54.90%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in shares of Albany International by 11,101.8% during the 3rd quarter. Franklin Resources Inc. now owns 648,810 shares of the textile maker’s stock worth $32,324,000 after purchasing an additional 643,018 shares during the last quarter. Millennium Management LLC increased its position in Albany International by 1,078.5% during the third quarter. Millennium Management LLC now owns 313,830 shares of the textile maker’s stock worth $16,727,000 after buying an additional 287,200 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its holdings in Albany International by 1,809.0% during the third quarter. Schonfeld Strategic Advisors LLC now owns 216,122 shares of the textile maker’s stock valued at $11,519,000 after buying an additional 204,801 shares in the last quarter. T. Rowe Price Investment Management Inc. bought a new stake in shares of Albany International during the 4th quarter worth about $10,323,000. Finally, FIL Ltd acquired a new position in shares of Albany International during the 4th quarter valued at about $9,366,000. 97.37% of the stock is owned by institutional investors and hedge funds.

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.