Albany International Corporation (NYSE:AIN) Receives Average Recommendation of "Reduce" from Brokerages
Albany International Corporation (NYSE:AIN) has received an average "Reduce" recommendation from five brokerages, with one sell and four hold ratings. The average 12-month price target is $61.00, close to its current price. Institutional investors hold 97.37% of shares, and the company recently exceeded EPS expectations while its revenue grew year-over-year but missed estimates.
Squarepoint Ops LLC Takes Position in Albany International Corporation $AIN
Squarepoint Ops LLC has acquired a new stake in Albany International Corporation (NYSE:AIN) during the second quarter, purchasing 40,383 shares valued at approximately $3 million, representing a 0.14% ownership. Other institutional investors also adjusted their holdings in the company. Albany International reported quarterly EPS of $0.82, exceeding estimates, and declared a quarterly dividend of $0.28 per share, though analysts maintain a "Reduce" rating with a target price of $61.
Albany International CFO Willard C. Station Reports RSU Vesting and Share Withholding Under 2023 Equity Plan
Albany International Corp.'s CFO, Willard C. Station, reported transactions related to the vesting of restricted stock units (RSUs) under the company's 2023 Equity Plan. On September 1, 2026, 10,599 RSUs converted into Class A Common Stock, and 2,581 shares were subsequently sold on March 1, 2026, to cover tax obligations. Following these transactions, Station beneficially owned 9,552 shares, with additional RSU tranches scheduled to vest through March 2029.
Albany International Corporation (NYSE:AIN) Given Consensus Recommendation of "Reduce" by Analysts
Analysts have issued a consensus "Reduce" rating for Albany International Corporation (NYSE:AIN), with an average 12-month price target of $61.00, below its current trading price. The company recently reported better-than-expected quarterly EPS but missed revenue estimates, although revenue still increased year-over-year. Institutional investors hold a significant portion of the stock, and the company has declared a quarterly dividend.
Albany International Retains Salt Lake Site After CH-53K Deal, Raises Q3 EPS Outlook
Albany International (NYSE: AIN) has decided to retain its Salt Lake City structures facility after reaching an amended agreement with Sikorsky for the CH-53K program. This revised contract includes higher pricing, limits production commitments, and reduces exposure to material-cost inflation, with positive cash flow anticipated from 2027. Consequently, Albany has raised its third-quarter adjusted EPS outlook to $1.40–$1.50 from $0.60–$0.70.
Albany International to Retain Salt Lake City Facility After Completing Strategic Review; Shares Rise
Albany International (NYSE: AIN) has announced its decision to retain its Salt Lake City facility following the completion of a strategic review. The company's shares rose after this announcement, which also mentioned Albany International's updated consolidated financial guidance for the fourth quarter of 2026 and an improved outlook for 3Q profit. Additionally, the company secured new defense contracts and an extension of its Boeing 787 components agreement.
Albany International Confirms Retention of Salt Lake City Plant and Revises 2026 Financial Outlook
Albany International Corp. (NYSE: AIN) announced it will retain its Amelia Earhart Drive facility in Salt Lake City, Utah, following a strategic review. The company also reversed a portion of the forward loss reserve related to its CH-53K contract from Q3 2025 and provided updated financial guidance for Q3 and Q4 2026. This information was disclosed in an SEC Form 8-K filing on September 1, 2026, signed by President and CEO Gunnar Kleveland.
Albany International (NYSE: AIN) CFO holds RSUs vesting through 2029
Albany International's CFO, Station Willard C, received 10,599 shares of Class A Common Stock from vested Restricted Stock Units (RSUs) on September 1, 2026. A total of 2,581 shares were withheld for tax liabilities at $54.33 per share. The CFO still holds significant unvested RSU awards, totaling 47,511 underlying shares, scheduled to vest in various tranches between 2026 and 2029.
Albany International Plans to Keep Salt Lake City Facility After Strategic Review, Boosts 3Q Profit Outlook
Albany International announced its decision to retain its Salt Lake City facility after completing a strategic review, which included setting new contract terms for helicopter production for Lockheed Martin's Sikorsky unit. The company also raised its third-quarter adjusted earnings per share outlook to $1.40-$1.50 and provided a fourth-quarter forecast of 65-75 cents per share, citing reduced program risk and positive cash flow from the new agreement.
Albany International CFO takes medical leave of absence By Investing.com
Albany International Corp. announced that its Executive Vice President and Chief Financial Officer, Willard Station, is taking a medical leave of absence. Sean Valashinas, the company’s Controller and Chief Accounting Officer, has been appointed as acting CFO. Valashinas brings extensive experience from his previous roles at Resonetics and Standex International Corporation.
Albany International CFO Willard Station Begins Medical Leave; Sean Valashinas Named Acting CFO
Albany International Corp. announced that CFO Willard Station has begun an unspecified medical leave of absence. Sean Valashinas, the company's Controller and Chief Accounting Officer, has been appointed as the acting principal financial officer, effective August 31, 2026. Valashinas will retain his current roles and his compensation will not be adjusted due to this new appointment.
Albany International Names Acting CFO Amid Medical Leave
Albany International (AIN) announced that its CFO, Willard Station, has begun an indefinite medical leave, leading to the appointment of Sean Valashinas as acting principal financial officer. Valashinas, who is also the Controller and Chief Accounting Officer, will maintain financial continuity during Station's absence. Spark, TipRanks' AI Analyst, rates AIN as Neutral due to weakened financial performance, despite positive technical momentum and an optimistic earnings-call outlook.
Albany International declares $0.28 quarterly dividend
Albany International Corp. (NYSE:AIN) has announced a quarterly dividend of $0.28 per share on its Class A Common Stock. The dividend is scheduled for payment on October 7, 2026, to shareholders of record as of September 1, 2026. The company operates in machine clothing and engineered composites segments, with 25 facilities globally and approximately 5,700 employees.
Albany International declares $0.28 quarterly dividend By Investing.com
Albany International Corp. (NYSE:AIN) has announced a quarterly dividend of $0.28 per share on its Class A Common Stock. This dividend is scheduled to be paid on October 7, 2026, to shareholders who are on record as of September 1, 2026. The company operates in Machine Clothing and Albany Engineered Composites segments, employing approximately 5,700 people across 25 facilities in 12 countries.
Albany Engineered Composites to showcase advanced solutions at CAMX 2026
Albany Engineered Composites (AEC), a segment of Albany International Corp., will exhibit its advanced composite solutions at CAMX 2026 in Atlanta. The company will feature eight key solutions, including 3D-woven structures and metal replacement options, targeting commercial aerospace, defense, missiles, space, and advanced air mobility sectors. AEC aims to engage with customers and partners on next-generation composite applications, leveraging its vertically integrated engineering and manufacturing capabilities.
Albany International Corporation (NYSE:AIN) Declares Quarterly Dividend of $0.28
Albany International Corporation (NYSE:AIN) has declared a quarterly dividend of $0.28 per share, payable on October 7th to shareholders of record on September 1st. This dividend represents a 1.9% annualized yield, and the company has consistently increased its payout for the past seven years. With a current payout ratio of 28.4% and an expected forward payout ratio of 34.5%, the dividend appears well-supported by earnings.
Albany International declares $0.28 quarterly dividend
Albany International (NYSE: AIN) has declared a quarterly dividend of $0.28 per share on its Class A Common Stock. The dividend is payable on October 7, 2026, to shareholders on record as of September 1, 2026. The company specializes in engineered components for machine clothing and aerospace applications.
Albany International declares $0.28 quarterly dividend By Investing.com
Albany International Corp. (NYSE:AIN) has announced a quarterly dividend of $0.28 per share on its Class A Common Stock. The dividend is scheduled for payment on October 7, 2026, to shareholders of record as of September 1, 2026. The company operates in two main segments: Machine Clothing and Albany Engineered Composites, with facilities in 12 countries and approximately 5,700 employees.
Albany International Declares Dividend
Albany International Corp. (NYSE: AIN) has announced a quarterly dividend of $0.28 per share for its Class A Common Stock. The dividend is scheduled to be paid on October 7, 2026, to shareholders of record as of September 1, 2026. Albany International is a materials science developer and manufacturer of engineered components for various industrial and aerospace applications.
Albany International declares $0.28 quarterly dividend By Investing.com
Albany International Corp. (NYSE:AIN) has announced a quarterly dividend of $0.28 per share on its Class A Common Stock. The dividend is scheduled to be paid on October 7, 2026, to shareholders recorded by September 1, 2026. The company specializes in machine clothing for paper manufacturing and engineered composites for aerospace, operating globally with 25 facilities and approximately 5,700 employees.
Albany International (NYSE:AIN) Downgraded to Hold Rating by Wall Street Zen
Wall Street Zen downgraded Albany International (NYSE:AIN) from "buy" to "hold," aligning with other analysts who maintain a cautious "Reduce" consensus rating and an average price target of $54. Despite beating EPS estimates, the company's revenue fell short of consensus but grew year-over-year. Institutional investors hold a significant 97.37% of outstanding shares.
American Century boosts stake in Albany International Corp. (AIN) to 6.6% ownership
American Century Investment Management, Inc., along with American Century Companies, Inc., and the Stowers Institute for Medical Research, has increased its beneficial ownership in Albany International Corp. (AIN) to 6.6% of its Class A Common Stock. This stake, reported as of June 30, 2026, comprises 1,859,631 shares, with significant sole voting and dispositive powers. The disclosure was made via an amended Schedule 13G filing, highlighting their passive investment in the company.
Albany International President AEC Reports RSU Vesting and Tax-Related Share Withholding
Christopher Eric Stone, President AEC of Albany International Corp., reported the vesting of 6,905 restricted stock units (RSUs) on August 12, 2026, which he received at no cost. Concurrently, 1,975 shares were withheld on March 1, 2026, to cover tax obligations at a price of $63.84 per share. Following these transactions, Stone directly holds 14,633 shares of the company's Class A Common Stock and retains several unvested RSU grants.
Albany International (AIN) president reports RSU vesting, tax share withholding
Christopher Eric Stone, President AEC of Albany International (AIN), reported that 6,905 Restricted Stock Units (RSUs) vested on August 12, 2026, converting into Class A Common Stock. Concurrently, 1,975 shares were withheld at $63.84 each to cover tax liabilities associated with this vesting event. Stone continues to hold significant tranches of unvested RSUs, scheduled to vest through 2029 under the company's 2023 Plan.
Albany International Corporatio (AIN) Stock Forecasts
Argus has lowered its target price for Albany International Corp (AIN) to $50.00, while the current stock price is $63.84. Albany International Corp is primarily involved in processing textiles and materials. The report was published on August 5, 2026.
Bank of America Corp DE Boosts Stock Holdings in Albany International Corporation $AIN
Bank of America Corp DE increased its stake in Albany International Corporation by 18.2% in the first quarter, now owning 1.04 million shares valued at approximately $54.5 million. Other institutional investors like Franklin Resources and Gamco Investors also significantly boosted their holdings. Despite the increased institutional ownership, analysts maintain a "Reduce" rating with a $54 price target, though the company did beat quarterly EPS expectations.
LM, Albany Engineered Composites Join Forces to Drive Scalable Production for US Hypersonic Programs
Lockheed Martin (LMT) and Albany Engineered Composites (AIN) have formed a partnership to accelerate the production of hypersonic capabilities for the U.S. Department of War. This collaboration aims to combine Lockheed Martin's systems integration expertise with Albany's advanced composite manufacturing to deliver scalable, cost-effective hypersonic systems, addressing the urgent demand for these technologies. The agreement is designed to be flexible, allowing both companies to adapt to evolving program requirements and strengthen the defense industrial base.
Albany International (NYSE:AIN) Stock Forecast & Analyst Predictions
Albany International (NYSE:AIN) is forecasted to experience significant earnings growth of 125.8% and revenue growth of 6.4% per annum. Recent updates show fluctuating analyst price targets and earnings estimates, with the company withdrawing its full-year 2025 guidance due to a strategic review of its Structures business. Despite some earnings misses, the company has announced dividend increases and strategic partnerships, including one with A&P Technology for advanced aerospace composites, while facing concerns regarding past earnings declines and debt levels.
Albany International Reports Strong Q2 2026 Earnings and Provides Q3 Guidance
Albany International (NYSE:AIN) announced strong financial results for Q2 2026, with net revenue increasing 6% to $329.5 million and diluted EPS soaring 97% to $0.61. The growth was primarily driven by the Engineered Composites segment, despite some softness in Machine Clothing. The company also provided Q3 2026 guidance, forecasting consolidated net revenue between $320 million and $330 million and Adjusted EPS between $0.60 and $0.70.
Renaissance Technologies LLC Acquires New Position in Albany International Corporation $AIN
Renaissance Technologies LLC has acquired a new position in Albany International Corporation (NYSE:AIN), purchasing 95,900 shares valued at approximately $5.0 million, representing a 0.34% stake. While other institutional investors have also adjusted their holdings, analyst sentiment remains cautious with an average "Reduce" rating and a consensus price target of $54. The company reported quarterly EPS of $0.82, beating estimates, but revenue of $329.48 million fell short of expectations, despite a 5.8% year-over-year increase.
Albany International Corporation $AIN Shares Purchased by Arrowstreet Capital Limited Partnership
Arrowstreet Capital Limited Partnership significantly increased its stake in Albany International Corporation (NYSE:AIN) by 796.6% in the first quarter, now owning 37,166 shares valued at $1.94 million. Other institutional investors also adjusted their holdings in the textile maker. The article also provides recent financial performance, including Q2 earnings surpassing analyst expectations, and details on stock performance, dividends, and analyst ratings.
Albany International Corp (AIN) (Q2 2026) Earnings Call Highlights: Record Engineered ... By GuruFocus
Albany International Corp (AIN) reported a strong Q2 2026 with record Engineered Composites revenue and a significant increase in adjusted EBITDA. Despite a slight revenue miss due to tooling shifts and a machine replacement, the company saw robust performance in its Engineered Composites segment, driven by aerospace programs. The strategic review of its Salt Lake City site is progressing, and new business wins are set to drive future growth, although the Machine Clothing segment faces some headwinds.
When Should You Buy Albany International Corp. (NYSE:AIN)?
This article discusses whether Albany International Corp. (NYSE:AIN) is a good investment. It likely analyzes the company's valuation and financial health to help potential investors decide on a buying opportunity.
Albany International (AIN) Stock Price Sinks As Cash Burn Clouds Profit Gains
Albany International's stock (AIN) recently dropped 16% despite reporting higher revenue and net income for Q2 2026. The market's concern stems from a significant swing in free cash flow, which moved from a generation of cash to a US$14.5 million outflow, driven by heavy capital demands for its Engineered Composites division. While profit margins improved, the increased cash burn and debt to support growth programs overshadowed the positive earnings.
Earnings Flash (AIN) Albany International Corp. Posts Q2 Adjusted EPS $0.82 per Share, vs. FactSet Est of $0.74
Albany International Corp. (AIN) reported Q2 adjusted EPS of $0.082 per share, surpassing FactSet's estimate of $0.74. The company also released earnings guidance for Q3 2026, expecting revenue between $320.0M and $330.0M, and adjusted EPS between $0.60 and $0.70. This news follows a slight miss on Q2 revenue estimates, which came in at $329.5M against an expected $340.1M.
Higher earnings and aerospace growth at Albany International (NYSE: AIN)
Albany International (NYSE: AIN) reported increased net revenues and net income for both the three and six months ended June 30, 2026, driven by higher activity in its Albany Engineered Composites (AEC) segment, despite some softness in Machine Clothing (MC). Diluted EPS rose to $0.61 for the quarter and $1.14 year-to-date, with AEC's operating income improving significantly. The company is also progressing with a strategic review of its Amelia Earhart Drive facility in Salt Lake City, classified as held-for-sale.
Albany International Down Over 17%, On Track for Largest Percent Decrease Since July 2025 -- Data Talk
Albany International Corp. (AIN) stock is down over 17% to $62.18, marking its largest percentage decrease since July 2025. This decline snaps a three-day winning streak for the company, though it remains up 22.65% year-to-date and 3.5% from 52 weeks ago. The current price is significantly below its all-time closing high from February 2023.
Earnings call transcript: Albany International beats Q2 2026 EPS, shares fall
Albany International (AIN) reported Q2 2026 adjusted EPS of $0.82, surpassing Wall Street estimates, but revenue of $329.5 million fell short. Despite improved profitability and a two-year high in adjusted EBITDA, shares dropped significantly in premarket trading due to the revenue miss, negative free cash flow, and a cautious outlook for its Machine Clothing segment. The company provided a Q3 outlook of $320-$330 million in consolidated revenue and $0.60-$0.70 adjusted EPS, with Engineered Composites showing strong growth while Machine Clothing faces mixed demand.
Albany International Down Over 17%, On Track for Largest Percent Decrease Since July 2025 -- Data Talk
Albany International Corp. Class A (AIN) is down over 17% to $62.18, marking its largest percentage decrease since July 2025 and its lowest close since May 2026. The stock snapped a three-day winning streak but remains up 22.65% year-to-date and 50.13% from its 52-week low.
Albany Int’l Wanes on Q2 Numbers
Albany International Corp. (NYSE:AIN) reported its Q2 2026 operating results, with net revenues increasing to $329.5 million from $311.4 million in the prior year, primarily due to higher volume in Engineered Composites. Despite this, the company's shares fell 15% following the report. The company achieved an 11.5% year-over-year increase in Adjusted EBITDA, the strongest in two years, attributed to cost controls and a favorable mix in aerospace and defense programs.
Albany International (NYSE:AIN) Posts Earnings Results, Beats Expectations By $0.08 EPS
Albany International (NYSE:AIN) reported strong Q2 earnings, with an EPS of $0.82, surpassing analyst expectations by $0.08, and a 5.8% increase in revenue year-over-year. Despite a cautious "Reduce" rating from analysts and a target price below its current trading, the company updated its Q3 2026 EPS guidance to $0.60-$0.70 and paid a quarterly dividend of $0.28 per share. Institutional investors hold a significant 97.37% stake in the textile maker.
Albany International Reports Second-Quarter 2026 Results
Albany International (NYSE:AIN) reported a strong second quarter in 2026, with net revenue increasing by 6% to $329.5 million and diluted EPS jumping 97% to $0.61. The company achieved its strongest Adjusted EBITDA in two years, reaching $57.8 million, an 11% increase year-over-year, driven by performance in Engineered Composites and effective cost controls. The outlook for the third quarter of 2026 projects consolidated net revenue between $320 million and $330 million and Adjusted EPS between $0.60 and $0.70.
Healthcare of Ontario Pension Plan Trust Fund Sells 26,919 Shares of Albany International Corporation $AIN
Healthcare of Ontario Pension Plan Trust Fund significantly reduced its stake in Albany International Corporation (NYSE:AIN) by 89.1% during the first quarter, selling 26,919 shares and retaining 3,297 shares valued at $172,000. Despite the sell-off by one institutional investor, Albany International beat its recent quarterly EPS estimates and reported a 7.8% year-over-year revenue increase. The company has a consensus "Reduce" rating and a price target of $54.00, which is below its current trading price of $74.57.
Dimensional Fund Advisors LP Sells 40,221 Shares of Albany International Corporation $AIN
Dimensional Fund Advisors LP reduced its stake in Albany International Corporation by 4.2%, selling 40,221 shares and now owning 914,927 shares valued at $47.8 million. Other institutional investors have also adjusted their positions, with 97.37% of the stock held by institutional investors and hedge funds. The company maintains an average "Reduce" rating from analysts with a $54 target price, despite recent positive earnings reports and a maintained quarterly dividend.
Bank of New York Mellon Corp Has $8.62 Million Holdings in Albany International Corporation $AIN
Bank of New York Mellon Corp decreased its stake in Albany International Corporation (AIN) by 7.9% in the first quarter, holding 165,084 shares valued at $8.62 million. Despite a "Reduce" consensus rating and a target price of $54.00, AIN shares opened near their 52-week high of $77.00. The company reported strong Q1 earnings, beating consensus estimates with $0.60 EPS and revenue of $311.33 million, and maintains a quarterly dividend of $0.28.
What’s Happening in the Markets this Week
This article provides an overview of key economic releases and company earnings scheduled for the upcoming week. It highlights the July jobs report due on Friday and earnings reports from major companies such as Palantir, Pfizer, and Uber. The article details specific economic data points and a daily breakdown of companies reporting earnings from Monday, August 3, to Friday, August 7.
Gabelli Funds LLC Buys 132,226 Shares of Albany International Corporation $AIN
Gabelli Funds LLC significantly increased its stake in Albany International Corporation (AIN), purchasing 132,226 additional shares to reach a total of 281,703 shares. Despite a cautious analyst sentiment with an average "Reduce" rating and a price target below the current share price, Albany International exceeded recent earnings and revenue expectations. The company also declared a quarterly dividend of $0.28 per share.
Press Release: Albany International Schedules Second-Quarter 2026 Earnings Release and Conference Call
Albany International Corp. (NYSE: AIN) is set to release its second-quarter 2026 financial results on Tuesday, August 4, 2026, before the NYSE market opens. The company will also host an investor conference call at 9:00 AM ET on the same day to discuss these results.
Albany International (AIN) to Release Earnings on Wednesday
Albany International (AIN) is scheduled to release its Q2 2026 earnings before market open on Wednesday, July 29th. Analysts anticipate earnings per share of $0.75 and revenue of $339.2 million for the quarter, aligning with the company's own guidance of $0.70 to $0.80 EPS. Despite recent positive revenue growth and beating previous EPS expectations, analyst sentiment remains cautious with an average "Reduce" rating and a consensus price target of $62.33.
How Investors Are Reacting To Albany International (AIN) Expanding Into Advanced Braided Aerospace Composites
Albany International (AIN) is expanding into advanced braided aerospace composites through a partnership with A&P Technology, aiming to accelerate production of lightweight structures for aerospace and defense. This move is part of Albany's strategy to shift towards higher-value aerospace components, offsetting pressures in its traditional paper-related Machine Clothing business. While this presents growth opportunities, investors should be aware of the heightened exposure to a small number of aerospace programs and potential program concentration risks.
