Albany International (AIN) News Today

UniSuper Management Pty Ltd bought a new stake in Albany International Corp. (NYSE:AIN - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,266 shares of the textile maker's stock, valued at approximat

Clearbridge Investments LLC lowered its position in Albany International Corp. (NYSE:AIN - Free Report) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 582,389 shares of the textile maker's stock a

Scout Investments Inc. trimmed its position in Albany International Corp. (NYSE:AIN - Free Report) by 6.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,582 shares of the textile maker's stock af

Truist Financial decreased their price objective on shares of Albany International from $104.00 to $101.00 and set a "buy" rating for the company in a report on Wednesday.

Sei Investments Co. boosted its position in Albany International Corp. (NYSE:AIN - Free Report) by 3.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 694,792 shares of the textile maker's stock after acquiring an additional 24,720 shares during the period. Sei

Albany International Corp. (NYSE:AIN - Get Free Report) has received a consensus recommendation of "Hold" from the five analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating

Vanguard Group Inc. increased its stake in Albany International Corp. (NYSE:AIN - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,518,426 shares of the textile maker's stock after purchasing an additio

Gilman Hill Asset Management LLC raised its stake in Albany International Corp. (NYSE:AIN - Free Report) by 92.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,298 shares of the textile maker's sto

Albany International Corp. (NYSE:AIN - Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 264,000 shares, a decrease of 11.6% from the May 15th total of 298,700 shares. Based on an average trading volume of 152,400 shares, the short-interest ratio is currently 1.7 days.

Wasatch Advisors LP reduced its stake in shares of Albany International Corp. (NYSE:AIN - Free Report) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 263,349 shares of the tex

Albany International Corp. (NYSE:AIN - Get Free Report) has been given an average recommendation of "Hold" by the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating

Sei Investments Co. grew its position in shares of Albany International Corp. (NYSE:AIN - Free Report) by 37.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 670,072 shares of the textile maker's stock after acquirin

Westwood Holdings Group Inc. cut its stake in shares of Albany International Corp. (NYSE:AIN - Free Report) by 22.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 670,690 shares of the textile maker's stock after selling 197,558 sha

Norges Bank bought a new position in shares of Albany International Corp. (NYSE:AIN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 338,765 shares of the textile maker's stock, valued at approximately

BNP Paribas Financial Markets reduced its holdings in shares of Albany International Corp. (NYSE:AIN - Free Report) by 58.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 22,675 shares of the textile maker's stock after selling 31,979 shares during the peri

Clearbridge Investments LLC lifted its stake in shares of Albany International Corp. (NYSE:AIN - Free Report) by 6.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 598,038 shares of the textile maker's stock after acquiring an additional 36,254 shares durin

Charles Schwab Investment Management Inc. lifted its stake in shares of Albany International Corp. (NYSE:AIN - Free Report) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 354,944 shares of the textile maker's stock after buyi

Brown Advisory Inc. lifted its stake in Albany International Corp. (NYSE:AIN - Free Report) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 409,688 shares of the textile maker's stock after buying an additio

Albany International Corp. (NYSE:AIN) declared a quarterly dividend on Monday, May 13th. Stockholders of record on Friday, June 7th will be given a dividend of 0.26 per share by the textile maker on Monday, July 8th. This represents a $1.04 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, June 7th.

Albany International Corp. (NYSE:AIN - Get Free Report) CEO Gunnar Kleveland bought 1,250 shares of the business's stock in a transaction dated Friday, May 3rd. The stock was purchased at an average price of $84.68 per share, for a total transaction of $105,850.00. Following the acquisition, the chief executive officer now directly owns 6,884 shares of the company's stock, valued at approximately $582,937.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Natixis Advisors L.P. raised its holdings in Albany International Corp. (NYSE:AIN - Free Report) by 7.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 217,465 shares of the textile maker's stock after acquiring an additional 14,248 shares during the period

JPMorgan Chase & Co. decreased their target price on Albany International from $98.00 to $96.00 and set a "neutral" rating on the stock in a research report on Friday.

Albany International Corp. (NYSE:AIN - Get Free Report) CFO Robert D. Starr purchased 1,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average cost of $84.44 per share, for a total transaction of $84,440.00. Following the completion of the acquisition, the chief financial officer now owns 2,610 shares in the company, valued at approximately $220,388.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Albany International (NYSE:AIN) Trading Down 8.1%

Albany International (NYSE:AIN - Get Free Report) released its quarterly earnings results on Monday. The textile maker reported $0.90 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.03. Albany International had a return on equity of 13.70% and a net margin of 9.68%. The business had revenue of $313.33 million for the quarter, compared to the consensus estimate of $313.41 million. During the same quarter last year, the business posted $0.91 earnings per share. The company's revenue for the quarter was up 16.4% on a year-over-year basis.

Albany International (NYSE:AIN) updated its FY 2024 earnings guidance. The company provided EPS guidance of 3.550-4.050 for the period, compared to the consensus estimate of 3.970. The company also issued revenue guidance of $1.3 billionillion-$1.3 billionillion, compared to the consensus estimate of $1.3 billionillion.

Albany International (NYSE:AIN) updated its FY24 earnings guidance. The company provided EPS guidance of $3.55-4.05 for the period, compared to the consensus estimate of $3.97. The company also issued revenue guidance of $1.26-1.33 billionillion, compared to the consensus estimate of $1.30 billionillion.

Louisiana State Employees Retirement System acquired a new stake in shares of Albany International Corp. (NYSE:AIN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,600 shares of the textile maker's sto