Albany International (NYSE:AIN – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.500-0.600 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of $275.0 million-$285.0 million, compared to the consensus revenue estimate of $283.6 million.
Albany International Stock Down 2.6%
Shares of NYSE AIN opened at $57.91 on Tuesday. The business has a 50-day moving average of $55.50 and a two-hundred day moving average of $55.39. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -29.85, a price-to-earnings-growth ratio of 2.39 and a beta of 1.21. Albany International has a 1 year low of $41.15 and a 1 year high of $81.03. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.34 and a quick ratio of 1.84.
Albany International Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Tuesday, December 16th were paid a $0.28 dividend. This is a boost from Albany International’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a yield of 1.9%. The ex-dividend date was Tuesday, December 16th. Albany International’s payout ratio is currently -57.73%.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on Albany International
Institutional Trading of Albany International
Several hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its holdings in Albany International by 120.1% in the third quarter. BNP Paribas Financial Markets now owns 7,748 shares of the textile maker’s stock valued at $413,000 after acquiring an additional 4,227 shares during the period. Creative Planning acquired a new position in shares of Albany International during the 3rd quarter worth $358,000. TD Asset Management Inc acquired a new position in shares of Albany International during the 4th quarter worth $350,000. T. Rowe Price Investment Management Inc. purchased a new position in shares of Albany International in the 4th quarter valued at about $333,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Albany International by 369.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,795 shares of the textile maker’s stock valued at $266,000 after purchasing an additional 2,986 shares during the period. Institutional investors and hedge funds own 97.37% of the company’s stock.
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.
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