Albany International (NYSE:AIN) Releases Q3 2026 Earnings Guidance

Albany International (NYSE:AIN) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.600-0.700 for the period, compared to the consensus earnings per share estimate of 0.660. The company issued revenue guidance of $320.0 million-$330.0 million, compared to the consensus revenue estimate of $311.0 million.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Truist Financial boosted their target price on shares of Albany International from $55.00 to $61.00 and gave the stock a “hold” rating in a research report on Friday, June 12th. Weiss Ratings upgraded Albany International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen raised Albany International from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Three 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, Albany International currently has an average rating of “Reduce” and an average target price of $54.00.

Albany International Stock Up 4.6%

Albany International stock traded up $2.92 during midday trading on Wednesday, hitting $65.90. 36,098 shares of the stock were exchanged, compared to its average volume of 269,353. Albany International has a 52-week low of $41.15 and a 52-week high of $77.00. The company has a quick ratio of 1.88, a current ratio of 2.20 and a debt-to-equity ratio of 0.65. The business’s 50-day moving average price is $71.64 and its 200-day moving average price is $62.22. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of -32.30, a price-to-earnings-growth ratio of 3.14 and a beta of 1.17.

Albany International (NYSE:AIN) last posted its quarterly earnings data on Tuesday, August 4th. The textile maker reported $0.82 EPS for the quarter, beating the consensus estimate of $0.74 by $0.08. Albany International had a negative net margin of 4.93% and a positive return on equity of 9.44%. The firm had revenue of $329.48 million during the quarter, compared to analyst estimates of $340.10 million. During the same quarter last year, the business posted $0.31 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. On average, research analysts expect that Albany International will post 2.85 EPS for the current fiscal year.

Albany International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Friday, June 5th were given a $0.28 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.12 annualized dividend and a yield of 1.7%. Albany International’s payout ratio is currently -54.90%.

Key Headlines Impacting Albany International

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

• Positive Sentiment: Adjusted EBITDA reached a two-year high. Second-quarter adjusted EBITDA increased 11.5% year over year, which management said occurred despite revenue being modestly below expectations. This suggests improved operating performance and supports the company’s profitability outlook. Albany International Reports Second-Quarter 2026 Results
• Positive Sentiment: Quarterly EPS exceeded expectations. Albany International reported adjusted earnings of $0.82 per share, above the $0.74 analyst consensus and up from $0.31 a year earlier. Revenue also rose 5.8% year over year to $329.5 million. Albany International Q2 Earnings Report
• Positive Sentiment: Third-quarter revenue guidance is above consensus. Management projected revenue of $320 million to $330 million, compared with the $311 million analyst estimate, indicating expectations for continued demand and year-over-year growth. Albany International Q2 Earnings Surpass Estimates
• Neutral Sentiment: Management discussed the quarter and outlook on its earnings call. Investors will likely focus on the company’s explanations for the revenue miss and the sustainability of recent EBITDA improvement. Albany International Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue fell short of expectations. Second-quarter revenue of $329.5 million missed the $340.1 million consensus estimate. Management attributed the shortfall to several discrete factors, raising questions about the pace and consistency of sales growth. Albany International Q2 Earnings Snapshot
• Negative Sentiment: Third-quarter EPS guidance is slightly below consensus at the midpoint. The $0.60–$0.70 range has a midpoint of $0.65, versus the $0.66 analyst estimate, and its low end is meaningfully below expectations. Albany International also continues to report a negative net margin, which may temper enthusiasm over the earnings beat.

Hedge Funds Weigh In On Albany International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. increased its holdings in Albany International by 11,101.8% during the third quarter. Franklin Resources Inc. now owns 648,810 shares of the textile maker’s stock worth $32,324,000 after buying an additional 643,018 shares during the last quarter. Millennium Management LLC boosted its stake in Albany International by 1,078.5% in the third quarter. Millennium Management LLC now owns 313,830 shares of the textile maker’s stock valued at $16,727,000 after acquiring an additional 287,200 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in shares of Albany International by 1,809.0% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 216,122 shares of the textile maker’s stock valued at $11,519,000 after acquiring an additional 204,801 shares during the period. T. Rowe Price Investment Management Inc. bought a new position in shares of Albany International during the 4th quarter valued at approximately $10,323,000. Finally, FIL Ltd purchased a new stake in shares of Albany International during the 4th quarter worth approximately $9,366,000. 97.37% of the stock is owned by hedge funds and other institutional investors.

Albany International Company Profile

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.