Equities Analysts Set Expectations for AIT Q2 Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Research analysts at Zacks Research lifted their Q2 2025 EPS estimates for shares of Applied Industrial Technologies in a report released on Monday, January 13th. Zacks Research analyst S. Roy now expects that the industrial products company will post earnings of $2.20 per share for the quarter, up from their prior forecast of $2.19. The consensus estimate for Applied Industrial Technologies' current full-year earnings is $9.76 per share. Zacks Research also issued estimates for Applied Industrial Technologies' FY2025 earnings at $9.75 EPS and Q1 2026 earnings at $2.45 EPS.

Applied Industrial Technologies (NYSE:AIT - Get Free Report) last released its earnings results on Thursday, October 24th. The industrial products company reported $2.36 EPS for the quarter, topping analysts' consensus estimates of $2.25 by $0.11. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.08 billion. Applied Industrial Technologies had a return on equity of 22.68% and a net margin of 8.57%. The business's revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.39 EPS.

A number of other equities research analysts have also recently commented on the company. Mizuho assumed coverage on Applied Industrial Technologies in a research note on Tuesday, October 22nd. They set an "outperform" rating and a $285.00 target price on the stock. KeyCorp lifted their target price on Applied Industrial Technologies from $275.00 to $325.00 and gave the stock an "overweight" rating in a research note on Tuesday, December 3rd. Robert W. Baird lifted their target price on Applied Industrial Technologies from $210.00 to $250.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. Loop Capital boosted their price objective on Applied Industrial Technologies from $230.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, October 28th. Finally, StockNews.com cut Applied Industrial Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, December 19th. Two analysts have rated the stock with a hold rating and seven have assigned 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 target price of $285.71.

Applied Industrial Technologies Stock Performance

Shares of NYSE AIT traded down $0.26 during mid-day trading on Wednesday, reaching $253.08. 265,608 shares of the company's stock were exchanged, compared to its average volume of 394,001. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 25.82, a price-to-earnings-growth ratio of 3.71 and a beta of 1.08. Applied Industrial Technologies has a 52 week low of $166.37 and a 52 week high of $282.98. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.78 and a quick ratio of 2.74. The firm has a 50-day moving average price of $260.15 and a two-hundred day moving average price of $228.05.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp grew its holdings in shares of Applied Industrial Technologies by 2.4% during the third quarter. State Street Corp now owns 1,441,051 shares of the industrial products company's stock worth $321,542,000 after purchasing an additional 34,113 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Applied Industrial Technologies by 4.1% during the third quarter. Geode Capital Management LLC now owns 1,040,389 shares of the industrial products company's stock worth $232,181,000 after purchasing an additional 40,689 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Applied Industrial Technologies by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 569,317 shares of the industrial products company's stock worth $127,032,000 after purchasing an additional 3,887 shares in the last quarter. Zurich Insurance Group Ltd FI purchased a new position in shares of Applied Industrial Technologies during the third quarter worth about $84,139,000. Finally, ArrowMark Colorado Holdings LLC grew its holdings in shares of Applied Industrial Technologies by 9.3% during the third quarter. ArrowMark Colorado Holdings LLC now owns 277,335 shares of the industrial products company's stock worth $61,882,000 after purchasing an additional 23,710 shares in the last quarter. Hedge funds and other institutional investors own 93.52% of the company's stock.

Insider Activity

In other news, VP Warren E. Hoffner III sold 4,000 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $281.64, for a total transaction of $1,126,560.00. Following the completion of the transaction, the vice president now owns 55,709 shares of the company's stock, valued at approximately $15,689,882.76. The trade was a 6.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mary Dean Hall sold 2,200 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $275.08, for a total value of $605,176.00. Following the transaction, the director now directly owns 3,462 shares of the company's stock, valued at $952,326.96. The trade was a 38.86 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.67% of the company's stock.

Applied Industrial Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, November 15th. Applied Industrial Technologies's dividend payout ratio is presently 15.10%.

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.