State of New Jersey Common Pension Fund D Acquires 16,825 Shares of Albany International Corporation $AIN

Key Points

• State of New Jersey Common Pension Fund D increased its stake in Albany International by 49.3%, buying 16,825 shares to hold 50,929 shares worth about $2.58 million (≈0.18% of the company) at quarter-end.
• Albany International posted a quarterly EPS of $0.60 and revenue of $311.3 million (beating estimates), with Q2 2026 guidance of $0.70–$0.80 EPS and revenue up 7.8% year-over-year despite a negative net margin of 4.93%.
• Analysts are mixed: MarketBeat shows a consensus rating of "Reduce" with an average target price of $61.50, and the analyst mix includes four Holds and two Sells.

State of New Jersey Common Pension Fund D increased its position in Albany International Corporation (NYSE:AIN - Free Report) by 49.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,929 shares of the textile maker's stock after purchasing an additional 16,825 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.18% of Albany International worth $2,582,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake 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 valued at $38,000 after purchasing an additional 375 shares during the period. Smartleaf Asset Management LLC lifted its stake 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 valued at $49,000 after purchasing an additional 174 shares during the period. CWM LLC lifted its stake in shares of Albany International by 39.3% in the 4th quarter. CWM LLC now owns 712 shares of the textile maker's stock valued at $36,000 after purchasing an additional 201 shares during the period. Osaic Holdings Inc. lifted its stake 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 valued at $64,000 after purchasing an additional 270 shares during the period. Finally, Lazard Asset Management LLC purchased a new position in shares of Albany International in the 2nd quarter valued at approximately $77,000. Hedge funds and other institutional investors own 97.37% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on AIN shares. Zacks Research upgraded Albany International from a "strong sell" rating to a "hold" rating in a research note on Tuesday, March 3rd. Truist Financial set a $55.00 target price on Albany International in a research note on Friday, January 9th. Weiss Ratings restated a "sell (d)" rating on shares of Albany International in a research note on Friday, March 27th. Finally, JPMorgan Chase & Co. raised their target price on Albany International from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, January 16th. Four investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Albany International currently has a consensus rating of "Reduce" and an average target price of $61.50.

Albany International Stock Up 4.0%

Shares of NYSE:AIN opened at $60.83 on Thursday. The stock has a fifty day simple moving average of $55.47 and a two-hundred day simple moving average of $54.11. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of -29.82, a PEG ratio of 2.39 and a beta of 1.18. Albany International Corporation has a 12-month low of $41.15 and a 12-month high of $73.00. The company has a current ratio of 2.20, a quick ratio of 1.88 and a debt-to-equity ratio of 0.65.

Albany International (NYSE:AIN - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The business had revenue of $311.33 million during the quarter, compared to analysts' expectations of $281.00 million. Albany International had a positive return on equity of 9.44% and a negative net margin of 4.93%.The firm's quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.73 earnings per share. Albany International has set its Q2 2026 guidance at 0.700-0.800 EPS. On average, research analysts anticipate that Albany International Corporation will post 2.91 earnings per share for the current fiscal year.

Albany International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Friday, March 20th were paid a dividend of $0.28 per share. The ex-dividend date was Friday, March 20th. This represents a $1.12 dividend on an annualized basis and a yield of 1.8%. Albany International's payout ratio is presently -54.90%.

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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