Albany International Corporation $AIN Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of Albany International Corporation (NYSE:AIN) by 27.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 197,712 shares of the textile maker’s stock after purchasing an additional 42,940 shares during the quarter. Natixis Advisors LLC owned 0.69% of Albany International worth $10,024,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. CWM LLC lifted its position in Albany International by 39.3% during the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock worth $36,000 after acquiring an additional 201 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Albany International by 227.3% during the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after purchasing an additional 375 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake 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 purchasing an additional 174 shares during the period. Osaic Holdings Inc. grew its holdings in Albany International by 42.3% during the 2nd quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock valued at $64,000 after purchasing an additional 270 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in Albany International during the 3rd quarter worth $66,000. Institutional investors and hedge funds own 97.37% of the company’s stock.

Albany International Price Performance

Shares of AIN stock opened at $67.55 on Monday. The firm has a fifty day moving average of $58.86 and a two-hundred day moving average of $55.58. The firm has a market cap of $1.92 billion, a P/E ratio of -33.11, a P/E/G ratio of 2.77 and a beta of 1.20. Albany International Corporation has a 1-year low of $41.15 and a 1-year high of $73.00. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.20 and a quick ratio of 1.88.

Albany International (NYSE:AIN) last issued its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. The business had revenue of $311.33 million for the quarter, compared to analysts’ expectations of $281.00 million. Albany International had a negative net margin of 4.93% and a positive return on equity of 9.44%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 earnings per share. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. As a group, research analysts anticipate that Albany International Corporation will post 2.91 earnings per share for the current fiscal year.

Albany International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Friday, June 5th will be given a $0.28 dividend. The ex-dividend date is Friday, June 5th. This represents a $1.12 annualized dividend and a dividend yield of 1.7%. Albany International’s dividend payout ratio (DPR) is presently -54.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Zacks Research raised shares of Albany International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Truist Financial raised Albany International to a “hold” rating in a report on Thursday, May 21st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Albany International in a research note on Friday, March 27th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $60.33.

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.