Albany International Ownership
| AIN Stock | USD 83.09 2.06 2.42% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 31.3 M | Current Value 31.4 M | Avarage Shares Outstanding 30.2 M | Quarterly Volatility 2.6 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Albany |
Albany Stock Ownership Analysis
About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Albany International was presently reported as 31.71. The company has Price/Earnings To Growth (PEG) ratio of 2.0. Albany International last dividend was issued on the 3rd of September 2024. The entity had 102:100 split on the 8th of December 1999. Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire. Albany International operates under Textile Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 4100 people. For more info on Albany International please contact Gunnar Kleveland at 603 330 5800 or go to https://www.albint.com.Besides selling stocks to institutional investors, Albany International also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Albany International's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Albany International's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Albany International Quarterly Liabilities And Stockholders Equity |
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Albany International Insider Trades History
Less than 1% of Albany International are currently held by insiders. Unlike Albany International's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Albany International's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Albany International's insider trades
Albany Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Albany International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Albany International backward and forwards among themselves. Albany International's institutional investor refers to the entity that pools money to purchase Albany International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 715.8 K | Sei Investments Co | 2024-06-30 | 708.4 K | Loomis, Sayles & Company Lp | 2024-09-30 | 636.3 K | Principal Financial Group Inc | 2024-09-30 | 586.3 K | Nuveen Asset Management, Llc | 2024-09-30 | 469.2 K | Aristotle Capital Boston, Llc | 2024-09-30 | 466.6 K | Brown Advisory Holdings Inc | 2024-09-30 | 420.2 K | Norges Bank | 2024-06-30 | 408.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 398 K | Blackrock Inc | 2024-06-30 | 4.8 M | Vanguard Group Inc | 2024-09-30 | 3.5 M |
Albany International Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Albany International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Albany International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Albany International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Gregory Harwell over three weeks ago Disposition of 1183 shares by Gregory Harwell of Albany International subject to Rule 16b-3 | ||
Daniel Halftermeyer over three months ago Insider Trading | ||
Stone Christopher Eric over three months ago Insider Trading | ||
John Tedone over three months ago Disposition of 546 shares by John Tedone of Albany International subject to Rule 16b-3 | ||
Gunnar Kleveland over six months ago Acquisition by Gunnar Kleveland of 2500 shares of Albany International subject to Rule 16b-3 | ||
Robert Starr over six months ago Disposition of 8158 shares by Robert Starr of Albany International subject to Rule 16b-3 | ||
Robert Hansen over six months ago Acquisition by Robert Hansen of 2281 shares of Albany International subject to Rule 16b-3 |
Albany International Outstanding Bonds
Albany International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Albany International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Albany bonds can be classified according to their maturity, which is the date when Albany International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Albany International Corporate Filings
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 4th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 12th of August 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Pair Trading with Albany International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albany International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albany International will appreciate offsetting losses from the drop in the long position's value.Moving against Albany Stock
The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albany International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albany International to buy it.
The correlation of Albany International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albany International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albany International. If investors know Albany will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albany International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 1.04 | Earnings Share 3.2 | Revenue Per Share 40.587 | Quarterly Revenue Growth 0.061 |
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albany International's market value can be influenced by many factors that don't directly affect Albany International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.