Albany International (NYSE:AIN) Price Target Raised to $71.00

Albany International (NYSE:AIN) had its target price boosted by JPMorgan Chase & Co. from $67.00 to $71.00 in a research note released on Friday morning,Benzinga reports. The firm currently has a neutral rating on the textile maker’s stock.

Several other equities analysts also recently issued reports on AIN. Robert W. Baird raised their price target on shares of Albany International from $64.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Weiss Ratings upgraded shares of Albany International from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, October 20th. Zacks Research upgraded Albany International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 28th. Finally, Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research report on Sunday, October 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $69.00.

Albany International Stock Performance

NYSE AIN opened at $66.89 on Friday. The company has a quick ratio of 1.89, a current ratio of 2.41 and a debt-to-equity ratio of 0.54. The firm has a market cap of $1.90 billion, a P/E ratio of 21.65, a P/E/G ratio of 1.60 and a beta of 1.15. Albany International has a 52-week low of $41.15 and a 52-week high of $77.00. The business’s 50-day moving average price is $60.60 and its 200 day moving average price is $61.77.

Albany International (NYSE:AIN) last released its quarterly earnings results on Wednesday, October 28th. The textile maker reported $1.68 EPS for the quarter, topping the consensus estimate of $1.48 by $0.20. Albany International had a net margin of 6.73% and a return on equity of 14.25%. The business had revenue of $349.54 million during the quarter, compared to analyst estimates of $326.12 million. During the same quarter in the prior year, the firm earned $0.71 earnings per share. The company’s quarterly revenue was up 33.7% on a year-over-year basis. On average, equities research analysts expect that Albany International will post 3.36 earnings per share for the current year.

Albany International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Tuesday, September 1st were issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, September 1st. Albany International’s dividend payout ratio is currently 36.25%.

Hedge Funds Weigh In On Albany International

Institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP lifted its holdings in shares of Albany International by 95.1% during the 2nd quarter. Allworth Financial LP now owns 474 shares of the textile maker’s stock worth $35,000 after acquiring an additional 231 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Albany International by 25.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,222 shares of the textile maker’s stock worth $73,000 after purchasing an additional 248 shares during the period. GAMMA Investing LLC lifted its holdings in Albany International by 25.3% during the second quarter. GAMMA Investing LLC now owns 1,286 shares of the textile maker’s stock worth $96,000 after buying an additional 260 shares during the period. Sterling Capital Management LLC raised its stake in Albany International by 62.6% in the 3rd quarter. Sterling Capital Management LLC now owns 691 shares of the textile maker’s stock worth $41,000 after acquiring an additional 266 shares during the last quarter. Finally, Cim Investment Management Inc. grew its position in shares of Albany International by 7.4% during the 2nd quarter. Cim Investment Management Inc. now owns 5,780 shares of the textile maker’s stock valued at $431,000 after acquiring an additional 399 shares during the period. Institutional investors own 97.37% of the company’s stock.

Albany International News Summary

Here are the key news stories impacting Albany International this week:

• Positive Sentiment: Third-quarter results exceeded expectations. Albany International reported adjusted earnings of $1.68 per share, above the $1.48 consensus estimate, while revenue rose 33.7% year over year to $349.54 million, exceeding expectations of $326.12 million. Earnings also more than doubled from $0.71 per share a year earlier. Albany International Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Engineered Composites performance supported the quarter. Management highlighted strong team execution and the favorable conclusion of a strategic review involving its Amelia Earhart Drive facility, which may improve operational focus and investor confidence. Albany International Reports Third-Quarter 2026 Results
• Positive Sentiment: Analyst sentiment improved. Zacks Research upgraded Albany International from “hold” to “strong-buy,” and AIN was added to several Zacks Rank #1 lists covering strong-buy, value and income stocks. These changes may attract additional momentum-oriented and income-focused investors. Zacks upgrades Albany International
• Neutral Sentiment: Fourth-quarter guidance was mixed but close to consensus. Management forecast EPS of $0.65 to $0.75 versus the $0.71 analyst estimate and revenue of $325 million to $335 million versus consensus of $332.4 million. The midpoint is near expectations, limiting the potential downside but offering little incremental upside.

About Albany International

Albany International Corporation is an advanced materials and engineered products company serving the paper, aerospace and defense industries. Founded in 1895, the company develops and manufactures specialized textiles, composite materials and related process technologies for industrial applications.

Albany International operates through two primary businesses. Its Machine Clothing segment produces engineered fabrics and process belts used in paper manufacturing, including forming fabrics, press felts, dryer fabrics and other products that support papermaking efficiency and quality.