Albany International (NYSE:AIN – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.650-0.750 for the period, compared to the consensus EPS estimate of 0.730. The company issued revenue guidance of $325.0 million-$335.0 million, compared to the consensus revenue estimate of $328.9 million.
Albany International Stock Down 1.9%
Shares of NYSE AIN traded down $1.05 during mid-day trading on Tuesday, reaching $54.38. The company had a trading volume of 249,810 shares, compared to its average volume of 277,298. The firm has a 50 day simple moving average of $68.83 and a two-hundred day simple moving average of $62.68. Albany International has a 52-week low of $41.15 and a 52-week 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 stock has a market cap of $1.54 billion, a P/E ratio of -31.25, a PEG ratio of 1.63 and a beta of 1.17.
Albany International (NYSE:AIN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. Albany International had a negative net margin of 4.18% and a positive return on equity of 10.76%. The firm had revenue of $329.48 million during the quarter, compared to analysts’ expectations of $340.10 million. During the same period in the previous year, the company earned $0.31 earnings per share. Albany International’s quarterly revenue was up 5.8% compared to the same quarter last year. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. Sell-side analysts predict that Albany International will post 2.86 earnings per share for the current year.
Albany International Dividend Announcement
Analysts Set New Price Targets
Several analysts have recently weighed in on AIN shares. Wall Street Zen downgraded Albany International from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Truist Financial raised their price target on Albany International from $55.00 to $61.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. Finally, Weiss Ratings raised Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $54.00.
Check Out Our Latest Research Report on Albany International
Hedge Funds Weigh In On Albany International
A number of large investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Albany International by 45.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,096 shares of the textile maker’s stock valued at $751,000 after acquiring an additional 4,427 shares in the last quarter. Inspire Investing LLC raised its holdings in Albany International by 9.0% during the fourth quarter. Inspire Investing LLC now owns 9,221 shares of the textile maker’s stock worth $468,000 after purchasing an additional 761 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Albany International during the third quarter worth about $464,000. Brevan Howard Capital Management LP acquired a new stake in Albany International in the second quarter valued at about $433,000. Finally, BNP Paribas Financial Markets lifted its position 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 purchasing an additional 4,227 shares during the period. Hedge funds and other institutional investors 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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