Albany International (NYSE:AIN) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Albany International (NYSE:AIN) posted its quarterly earnings data on Tuesday. The textile maker reported $0.65 EPS for the quarter, topping the consensus estimate of $0.64 by $0.01, Briefing.com reports. Albany International had a positive return on equity of 8.98% and a negative net margin of 4.66%.During the same quarter last year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. Albany International updated its Q1 2026 guidance to 0.500-0.600 EPS.

Albany International Trading Down 2.6%

AIN opened at $57.91 on Tuesday. The stock has a market capitalization of $1.66 billion, a PE ratio of -29.85, a P/E/G ratio of 2.39 and a beta of 1.21. Albany International has a one year low of $41.15 and a one year high of $81.03. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.84 and a current ratio of 2.34. The business’s 50 day moving average price is $55.50 and its 200 day moving average price is $55.39.

Albany International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Tuesday, December 16th were issued a $0.28 dividend. This is a boost from Albany International’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, December 16th. Albany International’s payout ratio is currently -57.73%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Albany International in a research note on Monday, December 29th. Truist Financial set a $55.00 price objective on Albany International in a report on Friday, January 9th. JPMorgan Chase & Co. upped their target price on shares of Albany International from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, Zacks Research cut shares of Albany International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 18th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $61.50.

Hedge Funds Weigh In On Albany International

Several large investors have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in shares of Albany International by 120.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,748 shares of the textile maker’s stock worth $413,000 after acquiring an additional 4,227 shares during the last quarter. Creative Planning acquired a new stake in Albany International in the 3rd quarter valued at approximately $358,000. TD Asset Management Inc purchased a new stake in Albany International in the fourth quarter valued at approximately $350,000. T. Rowe Price Investment Management Inc. purchased a new stake in Albany International in the fourth quarter valued at approximately $333,000. Finally, Tower Research Capital LLC TRC lifted its stake in Albany International by 369.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,795 shares of the textile maker’s stock worth $266,000 after purchasing an additional 2,986 shares in the last quarter. 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.