Albany International Declares Dividend
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 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.
Albany International (NYSE: AIN) CFO Willard Station said the company delivered a strong fourth quarter in its Aerospace Engineered Composites (AEC) segment, but cautioned that the pace of growth in the period included items that are not expected to recur. Speaking at a JPMorgan event hosted by analyst Chigusa Katoku, Station also provided updates on Albany's
Albany International Corp. (AIN) Presents at JPMorgan Industrials Conference 2026 Transcript
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today announced that it will participate in the upcoming J.P. Morgan conference in Washington, D.C. During the conference, Will Station, Executive Vice President and Chief Financial Officer of Albany International Corp., will participate in a fireside chat on Tuesday, March 17, 2026, at 11:30 AM. An audio webcast of the event can be accessed via the Albany International website at www.albint.com or by clicking here. A repl.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International has been named as an official partner for World Engineering Day for Sustainable Development (WED) 2026, the annual initiative highlighting the essential role that engineers and engineering plays around the world. As an expert in materials science, Albany International is driving a revolution in sustainable and innovative fabrics. “We are pleased to be an official partner for World Engineering Day 2026. Our focus on engineering and innovati.
Dynamic Technology Lab Private Ltd purchased a new stake in Albany International Corporation (NYSE: AIN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,440 shares of the textile maker's stock, valued at approximately $503,000. Other hedge
Citigroup Inc. grew its position in shares of Albany International Corporation (NYSE: AIN) by 49.4% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The fund owned 48,410 shares of the textile maker's stock after purchasing an additional 16,014 shares during the quarter. Citigroup Inc. owned
Mario Gabelli is looking at the defense sector and seeing a multi-year, capital-intensive buildout across the entire missile supply chain.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany Engineered Composites (AEC), a subsidiary of Albany International Corp. (NYSE: AIN), highlights its industrialized composite manufacturing capabilities and strategic mission focus ahead of JEC World 2026, taking place March 10–12 in Paris, France. AEC continues to expand its role as a production-ready composite solutions partner as aerospace and defense programs demand higher production rates, improved performance and resilient supply chains. The compan.