Albany International (NYSE:AIN) Given New $71.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Albany International’s price target to $71 from $67 while maintaining a neutral rating, implying roughly 6.1% upside from the reported share price. The analyst consensus remains “Hold,” with an average target of $69.
• Albany International reported strong quarterly results, with EPS of $1.68 beating the $1.48 estimate and revenue of $349.54 million exceeding the $326.12 million consensus. Revenue increased 33.7% year over year, while shares rose 3% to $66.89.
• Institutional ownership is high at 97.37%, with several investment firms adding or increasing positions. Analyst sentiment was mixed overall, although Zacks upgraded the stock to “Strong Buy” and Wall Street Zen raised its rating to “Buy.”

Albany International (NYSE:AIN - Get Free Report) had its target price hoisted by research analysts at JPMorgan Chase & Co. from $67.00 to $71.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a "neutral" rating on the textile maker's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 6.14% from the stock's current price.

Several other research firms have also commented on AIN. Robert W. Baird lifted their price target on shares of Albany International from $64.00 to $75.00 and gave the company a "neutral" rating in a research report 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 raised shares of Albany International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Finally, Wall Street Zen raised Albany International from a "hold" rating to a "buy" rating in a research note on Sunday, October 11th. One investment 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 MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $69.00.

Albany International Trading Up 3.0%

Shares of NYSE AIN traded up $1.93 during midday trading on Friday, reaching $66.89. The stock had a trading volume of 407,278 shares, compared to its average volume of 272,156. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17. Albany International has a twelve month low of $41.15 and a twelve month high of $77.00. The company's 50 day moving average price is $60.44 and its 200 day moving average price is $61.72. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.89 and a current ratio of 2.24.

Albany International (NYSE:AIN - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The textile maker reported $1.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.48 by $0.20. The firm had revenue of $349.54 million during the quarter, compared to the consensus estimate of $326.12 million. Albany International had a return on equity of 14.48% and a net margin of 6.73%. The company's revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter last year, the company posted $0.71 EPS. As a group, sell-side analysts expect that Albany International will post 3.36 EPS for the current year.

Institutional Investors Weigh In On Albany International

Several institutional investors have recently made changes to their positions in AIN. Squarepoint Ops LLC acquired a new position in Albany International during the 2nd quarter worth approximately $3,009,000. Roubaix Capital LLC acquired a new position in shares of Albany International in the 1st quarter valued at $3,525,000. Renaissance Technologies LLC acquired a new position in Albany International during the 1st quarter worth approximately $5,007,000. Gabelli Funds LLC increased its holdings in Albany International by 88.5% in the first quarter. Gabelli Funds LLC now owns 281,703 shares of the textile maker's stock valued at $14,708,000 after buying an additional 132,226 shares during the last quarter. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of Albany International by 199.8% during the first quarter. Gamco Investors INC. ET AL now owns 644,605 shares of the textile maker's stock valued at $33,655,000 after acquiring an additional 429,561 shares during the period. Institutional investors own 97.37% of the company's stock.

Trending Headlines about Albany International

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.

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