Albany International Corp. Class A (AIN)

Over the past six months, Albany International Corp.'s stock price has decreased. The Q3 2025 earnings report showed a decrease in revenue compared to Q3 2024, and the company initiated a strategic review of the structures assembly business. A loss reserve adjustment for the CH-53K program was announced. The corporate headquarters relocated to Portsmouth, New Hampshire. The Q2 2025 earnings report showed a decrease in consolidated net sales year-over-year. Quarterly dividends of $0.28 per share were declared. Albany Engineered Composites achieved the U.S. Department of War Cybersecurity Maturity Model Certification (CMMC) Level 2.

The provided search results do not explicitly detail the demand seasonality for Albany International Corp.'s products and services. The Machine Clothing segment serves the paper industry and other industrial applications, while Albany Engineered Composites serves the aerospace and defense industries. Demand for tissue, pulp, and engineered fabrics has shown growth.

Albany International Corp. is a global industrial goods company specializing in advanced textiles and materials processing, operating in the advanced materials and specialty fabrics sector. It has two segments: Machine Clothing (MC), which produces belts and engineered fabrics for industrial applications, and Albany Engineered Composites (AEC), which designs and manufactures advanced composite structures for the aerospace industries.

Albany International has a significant global presence with facilities across North America, Europe, and Asia. The company operates 30 facilities in 13 countries and employs approximately 5,400 people worldwide. Specific locations include Rochester, New Hampshire, Salt Lake City, Utah, Boerne, Texas, Commercy, France, Sélestat, France, and Halmstad, Sweden. The company has been optimizing its operational footprint, including the closure of facilities in St. Union, France, and Manchester, U.K., and has restructured operations at remaining Heimbach facilities in Durham, Manchester, and Burgos.

Albany International is recognized as a global leader in engineered fabrics and materials. The integration of the acquired Heimbach business is progressing well. The company has undertaken initiatives to optimize its global production footprint. Significant investments are being made in the CH-53K program, but a loss reserve adjustment was announced. A strategic review is being conducted for its structures assembly business. Albany Engineered Composites achieved the U.S. Department of War CMMC Level 2 certification.

Albany International Corp. has significant institutional ownership, with institutions holding approximately 90.21% to 99.1% of the stock. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Individual insiders hold a smaller percentage, around 0.76% to 0.831% of the stock, and CEO Gunnar Kleveland has made insider purchases in the past three months.