Gamco Investors INC. ET AL Increases Stock Position in Albany International Corporation $AIN

Key Points

• Gamco Investors boosted its stake in Albany International (NYSE:AIN) by 89.4% in Q3 to 93,430 shares (worth about $4.98M), and institutional investors now own about 97.37% of the stock.
• Albany reported quarterly EPS $0.65, topping estimates of $0.64, with revenue of $321.2M up 12% year-over-year, and set Q1 2026 guidance of $0.50–$0.60 EPS.
• The company declared a quarterly dividend of $0.28 (annualized $1.12; ~1.9% yield), while analysts' consensus rating is "Reduce" with a $61.50 target price.

Gamco Investors INC. ET AL increased its holdings in Albany International Corporation (NYSE:AIN - Free Report) by 89.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,430 shares of the textile maker's stock after buying an additional 44,100 shares during the period. Gamco Investors INC. ET AL owned 0.32% of Albany International worth $4,980,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of AIN. Smartleaf Asset Management LLC raised its position in shares of Albany International by 32.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker's stock valued at $49,000 after buying an additional 174 shares in the last quarter. California State Teachers Retirement System grew its position in Albany International by 0.6% in the second quarter. California State Teachers Retirement System now owns 28,783 shares of the textile maker's stock worth $2,019,000 after acquiring an additional 179 shares in the last quarter. Blue Trust Inc. grew its position in Albany International by 6.1% in the third quarter. Blue Trust Inc. now owns 3,433 shares of the textile maker's stock worth $183,000 after acquiring an additional 196 shares in the last quarter. Dakota Wealth Management increased its stake in Albany International by 1.8% in the third quarter. Dakota Wealth Management now owns 13,878 shares of the textile maker's stock valued at $740,000 after acquiring an additional 245 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Albany International by 3.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,754 shares of the textile maker's stock valued at $544,000 after acquiring an additional 264 shares during the last quarter. 97.37% of the stock is currently owned by hedge funds and other institutional investors.

Albany International Price Performance

Shares of NYSE:AIN opened at $58.60 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.10 and a debt-to-equity ratio of 0.62. The stock has a market cap of $1.68 billion, a PE ratio of -29.01, a PEG ratio of 2.26 and a beta of 1.18. The company's fifty day moving average is $56.83 and its 200 day moving average is $55.11. Albany International Corporation has a 52 week low of $41.15 and a 52 week high of $75.16.

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

Albany International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Friday, March 20th will be issued a dividend of $0.28 per share. The ex-dividend date is Friday, March 20th. This represents a $1.12 annualized dividend and a yield of 1.9%. Albany International's dividend payout ratio is currently -55.45%.

Analysts Set New Price Targets

Several brokerages have issued reports on AIN. Zacks Research raised Albany International from a "strong sell" rating to a "hold" rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. increased their price objective on Albany International from $45.00 to $47.00 and gave the company a "neutral" rating in a research report on Friday, January 16th. Weiss Ratings reissued a "sell (d)" rating on shares of Albany International in a report on Monday, December 29th. Finally, Truist Financial set a $55.00 target price on Albany International in a research report on Friday, January 9th. Four research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus target price of $61.50.

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.

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