Sei Investments Co. Buys 10,878 Shares of Albany International Corporation $AIN

Sei Investments Co. lifted its stake in Albany International Corporation (NYSE:AIN) by 1.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 786,470 shares of the textile maker’s stock after buying an additional 10,878 shares during the period. Sei Investments Co.’s holdings in Albany International were worth $41,062,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of AIN. CWM LLC boosted its stake in Albany International by 39.3% in the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock valued at $36,000 after buying an additional 201 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Albany International by 227.3% during the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after acquiring an additional 375 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in 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 acquiring an additional 174 shares in the last quarter. Osaic Holdings Inc. raised its stake in 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 acquiring an additional 270 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Albany International by 519.7% during the fourth quarter. Quadrant Capital Group LLC now owns 1,382 shares of the textile maker’s stock valued at $70,000 after acquiring an additional 1,159 shares during the period. Institutional investors own 97.37% of the company’s stock.

Albany International Trading Down 0.3%

AIN stock opened at $75.26 on Monday. The business has a fifty day moving average price of $69.99 and a 200 day moving average price of $61.37. Albany International Corporation has a fifty-two week low of $41.15 and a fifty-two week high of $76.99. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of -36.89, a P/E/G ratio of 3.22 and a beta of 1.17. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.20 and a quick ratio of 1.88.

Albany International (NYSE:AIN) last issued its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.05. The firm had revenue of $311.33 million during the quarter, compared to the consensus estimate of $281.00 million. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. Analysts expect that Albany International Corporation will post 2.79 EPS for the current fiscal year.

Albany International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Friday, June 5th were issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, June 5th. Albany International’s payout ratio is currently -54.90%.

Wall Street Analyst Weigh In

AIN has been the topic of several recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Albany International from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Truist Financial lifted their price target on shares of Albany International from $55.00 to $61.00 and gave the company a “hold” rating in a report on Friday, June 12th. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $62.33.

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.