AIN - Albany International Corp.
Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), announced today that Rabih Mansour, Principal Engineer and Technical Fellow,
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), announced today that Rabih Mansour, Principal Engineer and Technical Fellow, authored the chapter titled "Three-Dimensional Woven Composites" for the American Society of Materials (ASM) Handbook, Volume 21: Composites, one of the industry's most respected technical references for materials engineering and manufacturing. The publication recognizes Mansour's expertise in advanced c.
Tony Bancroft, portfolio manager at Gabelli Funds and head of the firm's commercial aerospace and defense ETF, argued in a recent CNBC segment that U.S.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reports continued progress in the ongoing project with Cyclezyme AB, a leader in advanced enzyme-based plastic recycling, based in Sweden. The project exemplifies leading edge innovation in materials science, focusing on the development of enzyme-based recycling of industrial textiles primarily consisting of polyester and polyamide, where there is currently a significant lack of effective solutions for circular mater.
PORTSMOUTH, 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 2025. “Our foundation is supporting our customers with continued innovation and building a resilient organization, and our sustainability strategy is critical to meet those objectives. We are proud to showcase our progress over the last year in our annual sustainab.
On June 04, 2026, Albany International Corp (AIN) shares rose 7.7% today, closing at $68.69. This follows a strong price performance over the last month, where
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today announced that it will participate in the upcoming Wells Fargo 16th Industrials & Materials Conference in Chicago and the 2026 Truist Industrial & Services Conference in New York. At the Wells Fargo Conference, Gunnar Kleveland, Chief Executive Officer and Will Station, Chief Financial Officer, will participate in a fireside chat on Wednesday, June 10, 2026, at 10:15 AM CT. An audio webcast of the Wells Fargo.
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany Engineered Composites (AEC), a segment of Albany International Corp. (NYSE: AIN), today announced it will exhibit at the Farnborough International Airshow 2026 from July 20–24, 2026, in Hall 3, Booth 3330. At the world's premier annual aerospace industry event, AEC will highlight its state-of-the-art composite solutions and vertically integrated manufacturing capabilities supporting current and next-generation commercial aerospace, defense, missile, spac.
The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.28 per share on the Company's Class A Common Stock.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.28 per share on the Company's Class A Common Stock. The dividend is payable July 7, 2026, to shareholders of record on June 5, 2026. About Albany International Corp. Albany is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses: Machine C.
Albany International Corp. (AIN) Q1 2026 Earnings Call Transcript
Albany International (AIN) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.73 per share a year ago.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its first quarter of 2026, which ended March 31, 2026. Gunnar Kleveland, Albany International's President and Chief Executive Officer said, “Over the past year, we have taken steps to de-risk the business by addressing underperforming areas and sharpening our focus on profitable growth. This has driven a strong start to 2026, with results at the top end of our expectations.” Kleveland c.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany Engineered Composites (AEC), a segment of Albany International Corp. (NYSE: AIN), has received a long-term contract from Pratt & Whitney, an RTX business, to produce composite structural engine components for the commercial aviation Pratt & Whitney GTF™ engine. “We are honored to be selected by Pratt & Whitney for this critical composite engine content. This award reflects AEC's ability to deliver high-volume, high-precision composite struct.
Albany International remains rated 'hold' due to mixed financial performance and unimpressive valuation metrics. Recent results show top-line growth but continued bottom-line weakness, with the Machine Clothing segment hit by declining demand and China exposure. AIN's Engineered Composites segment shows relative strength, supported by acquisitions and defense programs, but overall profitability remains pressured.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today that it will release first-quarter 2026 results on April 30, 2026, before market open. The Company will host a webcast to discuss the results at 8:30 a.m. Eastern Time on Thursday, April 30, 2026. Interested parties are encouraged to listen to the live webcast via the Company's Investor Relations website at investors.albint.com or by registering via the link here. The event can also be accessed by dialing +.
Deprince Race and Zollo Inc. bought a new position in shares of Albany International Corporation (NYSE: AIN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 365,025 shares of the textile maker's stock, valued at approximately $18,507,000.
SG Americas Securities LLC boosted its position in Albany International Corporation (NYSE: AIN) by 287.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,692 shares of the textile maker's stock after purchasing an additional 23,502 shares during the
Albany International Corporation (NYSE: AIN - Get Free Report) has received an average recommendation of "Reduce" from the six research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average twelve-month price target among brokers
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany Engineered Composites® (AEC), a segment of Albany International Corp. (NYSE: AIN), announced today it has been named one of America's Safest Companies by EHS Today, recognizing world-class environmental, health and safety (EHS) performance across U.S. industry. “Safety at AEC is not a program — it's a mindset embedded in how we design processes, train our teams and operate every day,” said Ashley Dobbs, vice president, integrated operations and transfor.