Albany International CORP /DE/

Market Movers (8-K)

NYSE
Albany International announced robust second-quarter 2026 financial results, showcasing significant increases in net income and Adjusted EBITDA, driven by strong performance in its Engineered Composites segment.
Better than expected
NYSE
Albany International Corp. reports on the outcomes of its Annual Meeting of Stockholders held on May 15, 2026, detailing votes on director elections, auditor ratification, and executive compensation.
NYSE
Albany International reported Q1 2026 results with net revenue up 7.8% year-over-year, driven by Engineered Composites, though net income and Adjusted EBITDA decreased.
Worse than expected
NYSE
Albany International reports Q4 2025 net revenue of $321.2 million and adjusted EPS of $0.65, alongside a full-year GAAP loss and a strategic review.
Worse than expected
NYSE
Albany International Corp. is exploring strategic alternatives, including a potential sale, for its structures assembly business at the Amelia Earhart Drive Facility, with interest primarily from private equity.
NYSE
Albany International reported a significant net loss in Q3 2025 due to substantial charges related to the CH-53K program, while initiating a strategic review of its structures assembly business.
Worse than expected

Quarterly Earnings (10-Q)

NYSE
Albany International Corp. announced its second-quarter 2026 financial results, showing a 5.8% increase in net revenues driven by the Engineered Composites segment, alongside a slight improvement in gross profit margin.
Better than expected
NYSE
Albany International Corp. reported Q1 2026 results with increased net revenues driven by the Engineered Composites segment, though gross profit margin saw a slight decrease.
NYSE
Albany International Corp. reported a significant net loss in Q3 2025, primarily driven by a substantial charge related to its Albany Engineered Composites segment's CH-53K program.
Delay expected
Worse than expected
NYSE
Albany International Corp. reported a substantial decrease in net income and operating profit for the second quarter and first half of 2025, driven by reduced demand in its Machine Clothing segment and profitability challenges in its Engineered Composites division.
Worse than expected
NYSE
Albany International Corp. experienced a decrease in net revenues and operating income for the first quarter of 2025, driven by lower performance in both its Machine Clothing and Albany Engineered Composites segments, alongside ongoing restructuring activities.
Worse than expected
NYSE
Albany International Corp. experienced a decrease in profitability in the third quarter due to restructuring costs and challenges in its aerospace segment, despite revenue growth in its machine clothing business.
Worse than expected
Delay expected

Annual Reports (10-K)

NYSE
Albany International Corp. reported a net loss in 2025, driven by significant contract adjustments in its Engineered Composites segment and reduced demand in Machine Clothing.
Worse than expected
NYSE
Albany International Corp. announces increased net revenues for 2024, driven by Machine Clothing segment growth, while addressing challenges in the Albany Engineered Composites segment.
Worse than expected
NYSE
Albany International Corp.'s 10-K filing for fiscal year 2023 outlines the company's financial results, strategic initiatives, and risk factors across its Machine Clothing and Albany Engineered Composites segments.
Worse than expected

Insider Trading (Form 4)

NYSE
Sean C. Valashinas, CAO of Albany International Corp, reported transactions involving Class A Common Stock and Restricted Stock Units.
NYSE
Albany International Corp. director Christina M. Alvord was granted 2,390 deferred restricted stock units as part of the company's non-employee director compensation plan.
NYSE
Christina M. Alvord, a Director at Albany International Corp., reported a transaction involving Deferred Restricted Stock Units.
NYSE
John Scannell, a Director at Albany International Corp., reported a transaction involving Class A Common Stock on May 15, 2026.
NYSE
Bonnie Cruickshank, Director at Albany International Corp., reports the grant of 2,390 Deferred Restricted Stock Units (DSUs) with a vesting date of January 1, 2034.
NYSE
Bonnie C. Lind, a Director at Albany International Corp., reported the acquisition of 2,390 shares of Class A Common Stock on May 15, 2026, under the Directors' Annual Retainer Plan.

Proxy Statements (Def-14A)

NYSE
Albany International Corp. has released its 2026 proxy statement detailing director elections, executive compensation, and auditor ratification ahead of its May 15, 2026, annual meeting.
Worse than expected
NYSE
Albany International Corp. invites stockholders to its 2025 Annual Meeting to vote on director elections, auditor ratification, executive compensation, and a new Employee Stock Purchase Plan.
Worse than expected
NYSE
Albany International Corp.'s proxy statement outlines key proposals for the 2024 Annual Meeting, including director elections, auditor ratification, and executive compensation approval, while detailing the company's governance structure and executive pay practices.
Better than expected

Schedule 13G - Passive Investments

NYSE
American Century Investment Management has reported a 5.1% beneficial ownership stake in Albany International Corp.
NYSE
Vanguard Capital Management has reported beneficial ownership of 5.3% of Albany International Corp's common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported beneficial ownership of 6.33% of Albany International Corp's common stock as of March 31, 2026.
NYSE
The Vanguard Group has reported zero beneficial ownership in Albany International Corp following an internal realignment.
NYSE
American Century Investment Management, along with its parent entities, reported a 4.8% beneficial ownership in Albany International Corp.'s Class A Common Stock.
NYSE
American Century Investment Management, Inc. and related entities have disclosed a 5.6% beneficial ownership stake in Albany International Corp.'s Class A Common Stock.