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
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
3 analyst ratings
Truist Securities Michael Ciarmoli 55% 1-year accuracy 42 / 76 met price target | 28%upside $80 | Buy Maintained | 17 Apr 2025 |
B of A Securities Ronald Epstein 58% 1-year accuracy 19 / 33 met price target | 20%upside $75 | Underperform Maintained | 25 Mar 2025 |
Baird Peter Arment 50% 1-year accuracy 15 / 30 met price target | 47%upside $92 | Outperform Maintained | 28 Feb 2025 |
Financial journalist opinion









