Albany International
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: 5,400
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
2.35% more ownership
Funds ownership: 99.49% [Q3] → 101.84% (+2.35%) [Q4]
4% less funds holding
Funds holding: 279 [Q3] → 267 (-12) [Q4]
8% less capital invested
Capital invested by funds: $2.76B [Q3] → $2.54B (-$214M) [Q4]
15% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 52
17% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 107
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$75
13%
upside
Avg. target
$82
24%
upside
High target
$92
38%
upside
3 analyst ratings
2 positive
67%
0 neutral
0%
1 negative
33%
Truist Securities Michael Ciarmoli 55% 1-year accuracy 43 / 78 met price target | 20%upside $80 | Buy Maintained | 17 Apr 2025 |
B of A Securities Ronald Epstein 66% 1-year accuracy 21 / 32 met price target | 13%upside $75 | Underperform Maintained | 25 Mar 2025 |
Baird Peter Arment 58% 1-year accuracy 18 / 31 met price target | 38%upside $92 | Outperform Maintained | 28 Feb 2025 |
Financial journalist opinion
Negative
Zacks Investment Research
5 days ago
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.
Neutral
Business Wire
1 week ago
Albany International Schedules Earnings Release Date
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2025 first-quarter results Wednesday, April 30, 2025 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Thursday, May 1, 2025. 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-in information for the call by registering via web link here. An.
Neutral
Business Wire
1 month ago
Albany International Issues 2024 Sustainability Report
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today the publication of its annual Sustainability Report, highlighting the company's achievements and commitments to sustainability and innovation in 2024. “There are a few highlights we are particularly proud of this year,” said Gunnar Kleveland, President and CEO of Albany International Corp, “such as our participation in World Engineering Day for Sustainable Development, which showcases our history of innovati.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for March 20th
AIN, EFX and CI have been added to the Zacks Rank #5 (Strong Sell) List on March 20, 2025.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for March 17th
AIN, AEO and ASX have been added to the Zacks Rank #5 (Strong Sell) List on March 17, 2025.
Neutral
Business Wire
1 month ago
Albany International Profiled for World Engineering Day 2025
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) is honored to be one of 80 companies profiled for the World Engineering Day 2025 campaign. World Engineering Day for Sustainable Development (WED) 2025 will be launched at UNESCO's Paris headquarters on 4 March 2025, marking the start of a year-long campaign of events, films and related articles and news. An official International Day, as proclaimed by UNESCO, WED is jointly operated by UNESCO and the World Federation of En.
Neutral
Seeking Alpha
1 month ago
Albany International Corp. (AIN) Q4 2024 Earnings Call Transcript
Albany International Corp. (NYSE:AIN ) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants JC Chetnani - Vice President of Investor Relations and Treasurer Gunnar Kleveland - President and Chief Executive Officer Robert Starr - Executive Vice President and Chief Financial Officer Conference Call Participants Chigusa Katoku - JPMorgan Peter Arment - Baird Michael Ciarmoli - Truist Securities Jordan Lyonnais - Bank of America Operator Ladies and gentlemen, thank you for standing by. My name is Daisree, and I will be your conference operator today.
Positive
Zacks Investment Research
2 months ago
Albany International (AIN) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Albany International (AIN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 months ago
Albany International (AIN) Misses Q4 Earnings and Revenue Estimates
Albany International (AIN) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $1.22 per share a year ago.
Neutral
Business Wire
2 months ago
Albany International Reports Fourth-Quarter 2024 Results
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its full year and fourth quarter of 2024, which ended December 31, 2024. "We continue to perform well in both our businesses, as evidenced by strong results at Machine Clothing and ongoing operational progress steered by new leadership at Engineered Composites," said Gunnar Kleveland, President and Chief Executive Officer. "For the full year we reported record revenues of nearly one and.
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