Barrow Hanley Mewhinney & Strauss LLC Raises Stock Position in Albany International Corporation $AIN

Key Points

• Barrow Hanley Mewhinney & Strauss increased its stake in Albany International by 35.5% in Q3 to 582,838 shares (about 1.98% of the company), valued at roughly $31.07 million.
• Albany beat quarterly expectations, reporting $0.65 EPS (vs. $0.64 est.) and $321.21M revenue (vs. $292.32M est., +12% y/y), and set Q1 2026 guidance of $0.50–$0.60 EPS with analysts forecasting ~3.23 EPS for the year.
• The company declared a quarterly dividend of $0.28 (annualized $1.12, ~2.0% yield), payable April 7 with an ex-dividend/record date of March 20.

Barrow Hanley Mewhinney & Strauss LLC raised its stake in Albany International Corporation (NYSE:AIN - Free Report) by 35.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 582,838 shares of the textile maker's stock after acquiring an additional 152,808 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.98% of Albany International worth $31,065,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AIN. Royal Bank of Canada grew its holdings in Albany International by 7.5% in the first quarter. Royal Bank of Canada now owns 15,590 shares of the textile maker's stock valued at $1,076,000 after purchasing an additional 1,085 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Albany International by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,569 shares of the textile maker's stock worth $1,282,000 after acquiring an additional 807 shares during the last quarter. Millennium Management LLC lifted its holdings in Albany International by 464.4% in the 1st quarter. Millennium Management LLC now owns 91,934 shares of the textile maker's stock valued at $6,347,000 after purchasing an additional 75,644 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Albany International by 6.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,199 shares of the textile maker's stock worth $4,087,000 after acquiring an additional 3,559 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Albany International in the 1st quarter valued at about $7,468,000. Hedge funds and other institutional investors own 97.37% of the company's stock.

Albany International Trading Down 0.1%

NYSE:AIN opened at $56.05 on Thursday. The company has a current ratio of 2.10, a quick ratio of 1.83 and a debt-to-equity ratio of 0.62. The firm has a market cap of $1.61 billion, a PE ratio of -27.75, a price-to-earnings-growth ratio of 2.17 and a beta of 1.18. The stock has a fifty day moving average price of $57.12 and a 200 day moving average price of $55.01. Albany International Corporation has a 12-month low of $41.15 and a 12-month high of $75.15.

Albany International (NYSE:AIN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The textile maker reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. Albany International had a positive return on equity of 9.64% and a negative net margin of 4.85%.The business had revenue of $321.21 million during the quarter, compared to the consensus estimate of $292.32 million. During the same period in the previous year, the company posted $0.58 earnings per share. The business's revenue for the quarter was up 12.0% on a year-over-year basis. Albany International has set its Q1 2026 guidance at 0.500-0.600 EPS. Sell-side analysts anticipate that Albany International Corporation will post 3.23 earnings per share for the current fiscal year.

Albany International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Friday, March 20th will be paid a $0.28 dividend. The ex-dividend date is Friday, March 20th. This represents a $1.12 dividend on an annualized basis and a yield of 2.0%. Albany International's dividend payout ratio (DPR) is currently -55.45%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Albany International from $45.00 to $47.00 and gave the stock a "neutral" rating in a research note on Friday, January 16th. Truist Financial set a $55.00 price target on shares of Albany International in a research note on Friday, January 9th. Zacks Research upgraded Albany International from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Albany International in a report on Monday, December 29th. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Albany International presently has an average rating of "Reduce" and an average price target of $61.50.

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.

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