Applied Industrial Technologies, Inc. (NYSE:AIT) Expected to Earn Q1 2026 Earnings of $2.52 Per Share

Applied Industrial Technologies, Inc. (NYSE:AIT) – Equities research analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for Applied Industrial Technologies in a research note issued on Thursday, September 12th. Zacks Research analyst S. Roy now forecasts that the industrial products company will post earnings of $2.52 per share for the quarter, up from their prior forecast of $2.51. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.86 per share.

Applied Industrial Technologies (NYSE:AIT) last issued its quarterly earnings data on Thursday, August 15th. The industrial products company reported $2.64 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.12. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Applied Industrial Technologies had a return on equity of 23.55% and a net margin of 8.61%. The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.35 earnings per share.

Other analysts have also issued reports about the company. Northcoast Research initiated coverage on Applied Industrial Technologies in a research report on Monday, July 1st. They set a “neutral” rating on the stock. KeyCorp lifted their target price on Applied Industrial Technologies from $210.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. Robert W. Baird lifted their target price on Applied Industrial Technologies from $205.00 to $210.00 and gave the stock an “outperform” rating in a research report on Thursday, August 29th. StockNews.com lowered Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th. Finally, Raymond James assumed coverage on Applied Industrial Technologies in a report on Wednesday, September 4th. They issued an “outperform” rating and a $225.00 price objective for the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $223.00.

Applied Industrial Technologies Stock Up 2.3 %

Shares of NYSE AIT opened at $208.71 on Monday. Applied Industrial Technologies has a 1 year low of $149.59 and a 1 year high of $223.15. The firm has a market cap of $8.06 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 2.00 and a beta of 1.03. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.56 and a current ratio of 3.53. The stock’s 50-day simple moving average is $201.84 and its 200-day simple moving average is $194.67.

Applied Industrial Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend was Thursday, August 15th. Applied Industrial Technologies’s dividend payout ratio is currently 15.51%.

Insider Activity at Applied Industrial Technologies

In other Applied Industrial Technologies news, VP Kurt W. Loring sold 3,366 shares of Applied Industrial Technologies stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $209.02, for a total value of $703,561.32. Following the completion of the transaction, the vice president now directly owns 19,315 shares in the company, valued at $4,037,221.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Applied Industrial Technologies news, VP Kurt W. Loring sold 3,366 shares of Applied Industrial Technologies stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $209.02, for a total value of $703,561.32. Following the completion of the transaction, the vice president now directly owns 19,315 shares in the company, valued at $4,037,221.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Neil A. Schrimsher sold 3,703 shares of Applied Industrial Technologies stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $202.24, for a total value of $748,894.72. Following the completion of the transaction, the chief executive officer now owns 205,708 shares of the company’s stock, valued at $41,602,385.92. The disclosure for this sale can be found here. Insiders sold a total of 11,927 shares of company stock valued at $2,439,116 over the last three months. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Applied Industrial Technologies

A number of institutional investors have recently added to or reduced their stakes in AIT. Private Advisor Group LLC increased its holdings in shares of Applied Industrial Technologies by 15.1% in the fourth quarter. Private Advisor Group LLC now owns 2,419 shares of the industrial products company’s stock valued at $418,000 after buying an additional 317 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Applied Industrial Technologies by 10.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,797 shares of the industrial products company’s stock valued at $310,000 after purchasing an additional 172 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Applied Industrial Technologies by 10.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 2,133 shares of the industrial products company’s stock valued at $368,000 after purchasing an additional 194 shares during the period. Quadrant Capital Group LLC raised its stake in Applied Industrial Technologies by 7.8% during the 4th quarter. Quadrant Capital Group LLC now owns 1,779 shares of the industrial products company’s stock valued at $307,000 after purchasing an additional 129 shares during the period. Finally, Norges Bank acquired a new stake in Applied Industrial Technologies during the 4th quarter valued at $72,436,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

About Applied Industrial Technologies

Applied Industrial Technologies, Inc distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.