Massachusetts Financial Services Co. MA Has $31.67 Million Holdings in Albany International Corporation $AIN

Key Points

• Massachusetts Financial Services Co. increased its stake in Albany International by 16.1% in Q4 to 624,708 shares (about 2.18% ownership) worth $31.67 million.
• Albany International beat Q4 estimates with $0.65 EPS and $321.2M revenue (revenue up 12% YoY), set Q1 2026 guidance of $0.50–$0.60 EPS, pays a $0.28 quarterly dividend (~2.0% yield), and carries a consensus analyst rating of "Reduce" with a $61.50 target.

Massachusetts Financial Services Co. MA lifted its holdings in Albany International Corporation (NYSE:AIN - Free Report) by 16.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 624,708 shares of the textile maker's stock after acquiring an additional 86,551 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 2.18% of Albany International worth $31,673,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Albany International by 227.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker's stock worth $38,000 after acquiring an additional 375 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Albany International by 32.4% in the 2nd quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker's stock worth $49,000 after acquiring an additional 174 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Albany International by 42.3% in the 2nd quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker's stock worth $64,000 after acquiring an additional 270 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Albany International in the 2nd quarter worth approximately $77,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in Albany International during the 3rd quarter worth $66,000. 97.37% of the stock is owned by institutional investors and hedge funds.

Albany International Stock Down 2.9%

NYSE:AIN opened at $56.70 on Thursday. The stock's fifty day moving average price is $55.79 and its two-hundred day moving average price is $53.93. Albany International Corporation has a 52-week low of $41.15 and a 52-week high of $73.00. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.83 and a current ratio of 2.10. The company has a market cap of $1.60 billion, a price-to-earnings ratio of -28.07, a P/E/G ratio of 2.39 and a beta of 1.18.

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

Albany International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Friday, March 20th were paid a $0.28 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.0%. Albany International's dividend payout ratio is -55.45%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective on Albany International from $45.00 to $47.00 and gave the stock a "neutral" rating in a report on Friday, January 16th. Truist Financial set a $55.00 price objective on Albany International in a report on Friday, January 9th. Zacks Research raised Albany International from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Albany International in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $61.50.

Albany International 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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