Albany International (AIN)

Albany International Corp. • AEC Advanced Programs, Inc. • Albany Advanced Air Mobility, LLC • Albany Aerostructures Composites, LLC • Albany Engineered Composites, Inc. • Albany International Holdings • Albany International • Albany International Research Co. • Albany Safran Composites, LLC • Brandon Drying Fabrics, Inc. ...

IRS number

140462060

AIN stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$82.00

Low target

$80.00

High target

$85.00

Latest filings (excl ownership)

View all

8-K

Albany International Corp. Announces Plans to Consolidate Manufacturing Capacity

30 Oct 24

Results of Operations and Financial Condition

30 Oct 24

8-K

Albany International Updates Expectations for Aerospace Business

3 Oct 24

8-K

Amendments to Articles of Incorporation or Bylaws

26 Sep 24

8-K

Albany International Corp. Appoints Merle Stein as President, Machine Clothing

30 Aug 24

8-K

Submission of Matters to a Vote of Security Holders

14 May 24

15-15D

Suspension of duty to report

6 May 24

S-8 POS

Registration of securities for employees (post-effective amendment)

29 Apr 24

Transcripts

View all

AIN

Earnings call transcript

2024 Q3

31 Oct 24

AIN

Earnings call transcript

2024 Q2

7 Aug 24

AIN

Earnings call transcript

2024 Q1

30 Apr 24

AIN

Earnings call transcript

2023 Q4

27 Feb 24

AIN

Earnings call transcript

2023 Q3

7 Nov 23

AIN

Earnings call transcript

2023 Q2

27 Jul 23

AIN

Earnings call transcript

2023 Q2

27 Jul 23

AIN

Earnings call transcript

2023 Q1

26 Apr 23

AIN

Earnings call transcript

2022 Q4

14 Feb 23

AIN

Earnings call transcript

2022 Q3

25 Oct 22

Latest ownership filings

View all

Notice of proposed sale of securities

Financial summary

Financial statements Chart AIN financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	127.22 mm	127.22 mm	127.22 mm	127.22 mm	127.22 mm	127.22 mm
Cash burn (monthly)	(no burn)	14.47 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	40.39 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	86.84 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	6.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

AIN institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	275	240	+14.6%
Opened positions	65	68	-4.4%
Closed positions	30	34	-11.8%
Increased positions	91	61	+49.2%
Reduced positions	86	83	+3.6%

13F shares	Current	Prev Q	Change
Total value	2.54 tn	2.20 tn	+15.4%
Total shares	31.60 mm	25.79 mm	+22.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK BlackRock	4.78 mm	$404.03 bn	-1.6%
Vanguard	3.46 mm	$292.08 bn	-2.0%
Earnest Partners	2.59 mm	$218.96 bn	NEW
STT State Street	1.18 mm	$100.05 bn	-0.5%
BAC Bank of America	1.17 mm	$99.21 bn	NEW
MS Morgan Stanley	1.11 mm	$93.74 bn	+0.1%
Champlain Investment Partners	1.10 mm	$92.75 bn	+9.0%
Dimensional Fund Advisors	1.09 mm	$92.19 bn	+5.1%
Kayne Anderson Rudnick Investment Management	994.94 k	$84.02 bn	-2.9%
William Blair Investment Management	726.29 k	$61.33 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Earnest Partners	2.59 mm	+2.59 mm	NEW
BAC Bank of America	1.17 mm	+1.17 mm	NEW
William Blair Investment Management	726.29 k	+726.29 k	NEW
WHG Westwood	0.00	-688.52 k	EXIT
Victory Capital Management	683.90 k	+672.63 k	+5971.5%
Norges Bank	408.89 k	+408.89 k	NEW
Charles Schwab Investment Management	382.86 k	+382.86 k	NEW
Wasatch Advisors	0.00	-261.41 k	EXIT
Granite Investment Partners	63.14 k	-207.30 k	-76.7%
Citadel Advisors	154.54 k	+154.54 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AIN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Nov 24	Gunnar Kleveland	Class A Common Stock	Buy	Acquire P	No	No	71.255	1,400	99.76 k	8,284
5 Nov 24	Robert Alan Hansen	Class A Common Stock	Buy	Acquire P	No	No	71.2634	1,050	74.83 k	8,387
5 Nov 24	Starr Robert D.	Class A Common Stock	Buy	Acquire P	No	No	71.38	1,000	71.38 k	3,610
5 Nov 24	Gaug Joseph M	Class A Common Stock	Buy	Acquire P	No	No	71.31	500	35.66 k	6,811
5 Nov 24	Gaug Joseph M	Class A Common Stock	Buy	Acquire P	No	No	71.17	500	35.59 k	6,311