Albany International Corporation $AIN Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Albany International Corporation (NYSE:AIN) by 123.3% during the first quarter, Holdings Channel.com reports. The fund owned 15,045 shares of the textile maker’s stock after purchasing an additional 8,308 shares during the period. Quantinno Capital Management LP’s holdings in Albany International were worth $786,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in Albany International by 227.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock valued at $38,000 after purchasing an additional 375 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Albany International by 32.4% in the second 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 period. CWM LLC boosted its stake in Albany International by 39.3% during the fourth 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. Osaic Holdings Inc. grew its holdings 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 during the period. Finally, Lazard Asset Management LLC bought a new stake in Albany International in the second quarter worth about $77,000. Institutional investors own 97.37% of the company’s stock.

Wall Street Analysts Forecast Growth

AIN has been the subject of several recent research reports. Truist Financial increased their target price on shares of Albany International from $55.00 to $61.00 and gave the company a “hold” rating in a research note on Friday, June 12th. Weiss Ratings upgraded Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. Finally, Wall Street Zen downgraded Albany International from a “buy” rating to a “hold” rating in a report on Saturday. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $54.00.

Albany International Stock Performance

Shares of AIN stock opened at $63.84 on Tuesday. Albany International Corporation has a 1-year low of $41.15 and a 1-year high of $77.00. The company has a current ratio of 2.24, a quick ratio of 1.89 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of -36.69, a P/E/G ratio of 1.82 and a beta of 1.17. The stock’s fifty day simple moving average is $71.14 and its 200-day simple moving average is $62.56.

Albany International (NYSE:AIN) last announced its quarterly earnings data on Tuesday, August 4th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Albany International had a positive return on equity of 10.76% and a negative net margin of 4.18%.The firm had revenue of $329.48 million during the quarter, compared to the consensus estimate of $340.10 million. During the same period in the prior year, the business earned $0.31 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. On average, sell-side analysts predict that Albany International Corporation will post 2.86 earnings per share for the current fiscal year.

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.