Date | Price Target | Rating | Analyst |
---|---|---|---|
3/28/2024 | $105.00 → $95.00 | Neutral → Underperform | BofA Securities |
9/18/2023 | $100.00 → $106.00 | Market Perform → Outperform | TD Cowen |
7/14/2023 | $101.00 → $120.00 | Neutral → Outperform | Robert W. Baird |
4/27/2023 | $90.00 → $105.00 | Hold → Buy | Truist |
10/12/2022 | $80.00 | Buy → Hold | Truist |
2/22/2022 | $105.00 → $90.00 | Buy → Neutral | BofA Securities |
1/7/2022 | $85.00 → $100.00 | Hold → Buy | Truist |
10/15/2021 | $89.00 → $85.00 | Hold | Truist Securities |
BofA Securities downgraded Albany Intl from Neutral to Underperform and set a new price target of $95.00 from $105.00 previously
TD Cowen upgraded Albany Intl from Market Perform to Outperform and set a new price target of $106.00 from $100.00 previously
Robert W. Baird upgraded Albany Intl from Neutral to Outperform and set a new price target of $120.00 from $101.00 previously
Analysts' ratings for Albany Intl (NYSE:AIN) over the last quarter vary from bullish to bearish, as provided by 5 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 1 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 1 0 3M Ago 2 0 1 0 0 Analysts have set 12-month price targets for Albany Intl, revealing an average target of $97.2, a high estimate of $104.00, and a low estimate of $90.00. This current average represents a 7.25% decrease from the previous average price target of $10
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. TD Cowen cut the price target for Southwest Airlines Co. (NYSE:LUV) from $26 to $19. TD Cowen analyst Helane Becker maintained a Hold rating. Southwest shares gained 3.6% to close at $28.71 on Tuesday. See how other analysts view this stock. Susquehanna slashed the price target for J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) from $175 to $155. Susquehanna analyst Bascome Majors maintained a Neutral rating. J.B. Hunt Transport shares gained 3.8% to close at $176.00 on Tuesday. See how other ana
Truist Securities analyst Michael Ciarmoli maintains Albany Intl (NYSE:AIN) with a Buy and lowers the price target from $104 to $101.
4 - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Issuer)
4 - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Issuer)
RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds 8:00Moog Inc. (
Albany International Corp. (NYSE:AIN) announced today that its Board of Directors has appointed Merle Stein as President of its Machine Clothing business segment, and elected him an officer of the Company effective September 1, 2024, to succeed Daniel Halftermeyer, who has stepped down from the position to focus his time and energies on the continued integration of the Heimbach acquisition and the successful transition to Mr. Stein. Mr. Stein, 47, has considerable experience in the paper and pulp industries and significant knowledge of the Machine Clothing business and a strategic understanding of the markets it serves. He comes to the role with considerably broad leadership experiences,
RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds8:00Moog Inc. (NYSE:MOG)
4 - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Issuer)
3 - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Issuer)
4 - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Issuer)
8-K - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Filer)
8-K/A - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Filer)
10-Q - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Filer)
SC 13G/A - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Subject)
SC 13G/A - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Subject)
SC 13G/A - ALBANY INTERNATIONAL CORP /DE/ (0000819793) (Subject)
Albany International Corp. (NYSE:AIN) announced today that its Board of Directors has appointed Merle Stein as President of its Machine Clothing business segment, and elected him an officer of the Company effective September 1, 2024, to succeed Daniel Halftermeyer, who has stepped down from the position to focus his time and energies on the continued integration of the Heimbach acquisition and the successful transition to Mr. Stein. Mr. Stein, 47, has considerable experience in the paper and pulp industries and significant knowledge of the Machine Clothing business and a strategic understanding of the markets it serves. He comes to the role with considerably broad leadership experiences,
Albany International Corp. (NYSE:AIN) announced today that its Board of Directors has appointed Christopher Stone as President, Albany Engineered Composites, Inc., and elected him an officer of the Company, effective August 12, 2024, to succeed Gregory Harwell, who no longer serves as President of Albany Engineered Composites, Inc. Mr. Stone, 52, brings a deep knowledge of the A&D industry, and considerable broad experiences to his new role. He has held a wide range of leadership positions at public companies, with a focus in manufacturing and supply chain management, business operations, production control, logistics and organizational transformation. Most recently he served as Vice Pres
Accomplished Industrial and Aerospace Executive Brings Nearly 20 Years of Operational and Leadership Experience Albany International Corp. ("Albany" or the "Company") (NYSE:AIN) today announced that its Board of Directors has appointed Gunnar Kleveland to succeed Bill Higgins as President and CEO, effective September 1. Mr. Kleveland will also join the Company's Board at that time. Mr. Higgins, who previously announced his intention to retire as CEO, will remain a member of Albany's Board. Mr. Kleveland is a seasoned executive with nearly two decades of industrial and aerospace leadership experience at Textron Inc. Most recently, he served as President and CEO of Textron Specialized Veh
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 October 7, 2024, to shareholders of record on September 3, 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 Clothing is the world's leading producer of custom-designed, consumable belts essential for the manufacture of paper, paperboard, tissue and towel, pulp, non-wovens and a variety of other industrial applications. Albany Enginee
Albany International Corp. (NYSE:AIN) today reported operating results for its second quarter of 2024, which ended June 30, 2024. "Overall, we had another good quarter as our businesses delivered strong results and are responding well to their industry challenges," said President and CEO, Gunnar Kleveland. "Revenue of $332 million was up $58 million or 21.1% over prior year due to the inclusion of Heimbach and sales growth in Engineered Composites. "In Machine Clothing, revenues at $194 million grew year-over-year, driven by our Heimbach acquisition, slightly offset by lower organic demand, primarily in Europe and North America. Our global order backlog remains stable. We continue to ma
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 Clothing is the world's leading producer of custom-designed, consumable belts essential for the manufacture of paper, paperboard, tissue and towel, pulp, non-wovens and a variety of other industrial applications. Albany Engineere