Albany International
AIN

$92.11

0.6%

Market Cap: 2.88B

About: Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has an operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.

Employees: 5,600

Consumer Discretionary Broadwoven Fabric Mills, Manmade Fiber & Silk

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

105% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 21

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 2 (+1) [Q1 2024]

9% more funds holding

Funds holding: 250 [Q4 2023] → 272 (+22) [Q1 2024]

5.41% less ownership

Funds ownership: 101.62% [Q4 2023] → 96.2% (-5.41%) [Q1 2024]

10% less capital invested

Capital invested by funds: $3.11B [Q4 2023] → $2.81B (-$308M) [Q1 2024]

23% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 109

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$90

2%

downside

Avg. target

$97

5%

upside

High target

$104

13%

upside

6 analyst ratings

3 positive

50%

1 neutral

17%

2 negative

33%

Truist Securities Michael Ciarmoli	10%upside $101	Buy Maintained	17 Jul 2024
B of A Securities Ronald Epstein	2%downside $90	Underperform Maintained	29 May 2024
JP Morgan Stephen Tusa	4%upside $96	Neutral Maintained	3 May 2024
TD Cowen Gautam Khanna	3%upside $95	Buy Maintained	1 May 2024
Truist Securities Michael Ciarmoli	13%upside $104	Buy Maintained	1 May 2024

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Financial journalist opinion

7 Small-Cap Stocks to Buy After the Easy Money's Been Made

The Russell 2000 had a rally for the ages, but shares of some smaller companies still look attractive.

7 Small-Cap Stocks to Buy After the Easy Money's Been Made

Albany International Schedules Earnings Release Date

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2024 second-quarter results Tuesday, August 6, 2024 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Wednesday, August 7, 2024. Interested parties are encouraged to listen to the live webcast via the Company's Investor Relations website at investors.albint.com. Interested parties may access dial information for the call by registering via web link here. An.

Albany International Schedules Earnings Release Date

Albany International Declares Dividend

ROCHESTER, N.H.--(BUSINESS WIRE)--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.26 per share on the Company's Class A Common Stock. The dividend is payable July 8, 2024, to shareholders of record on June 7, 2024. About Albany International Corp. Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothi.

Albany International Declares Dividend

Albany International to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) President and Chief Executive Officer, Gunnar Kleveland, will speak at the Bank of America Transportation, Airlines, and Industrials Conference on Wednesday, May 15, 2024 at 3:40 p.m. Eastern Time. Interested parties are invited to listen to the webcast via the Company's Investor Relations website at investors.albint.com. A replay of the webcast will be available on the website for 90 days following the event. About Albany.

Albany International to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024

Albany International Reports First-Quarter 2024 Results

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its first quarter of 2024, which ended March 31, 2024. "We had another good quarter as our businesses delivered solid results and are executing to their plans," said President and CEO, Gunnar Kleveland. "Revenue of $313 million, was up $44 million or 16.4% over prior year due to the inclusion of Heimbach and sales growth in Engineered Composites. "In Machine Clothing, North American mark.

Albany International Reports First-Quarter 2024 Results

Zacks Investment Research

Analysts Estimate Albany International (AIN) to Report a Decline in Earnings: What to Look Out for

Albany International (AIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Albany International (AIN) to Report a Decline in Earnings: What to Look Out for

Albany International Announces Discontinuation of Manufacturing Capacity in South Korea

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Korea, Inc., an affiliate of Albany International Corp. (NYSE:AIN), announced today its plan to discontinue manufacturing at its operations in Chungju, South Korea, and to transfer production to other Albany International manufacturing facilities. This action will enable the Company to align forming fabric capacity with the local market demand and the needs of customers. This initiative to streamline operations is driven by existing and ant.

Albany International Announces Discontinuation of Manufacturing Capacity in South Korea

Albany International Schedules Earnings Release Date

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2024 first-quarter results Monday, April 29, 2024 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Tuesday, April 30. Interested parties are encouraged to listen to the live webcast via the Company's Investor Relations website at investors.albint.com. Interested parties may access dial information for the call by registering via web link here. An archive o.

Albany International Schedules Earnings Release Date

Albany International Issues 2023 Sustainability Report

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today the publication of its 2023 Sustainability Report, outlining its commitment to sustainable practices in business, work environment, and communities. Sustainability highlights include the commitment to set near-term company-wide emission reduction targets aligned with the Science Based Targets initiative (SBTi) and their advances in materials recycling. “We have much to be proud of this past year, as we have.

Albany International Issues 2023 Sustainability Report

Albany International Corp. (AIN) Q4 2023 Earnings Call Transcript

Albany International Corp. (AIN) Q4 2023 Earnings Call Transcript

Albany International Corp. (AIN) Q4 2023 Earnings Call Transcript

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