Zacks Research Issues Negative Forecast for AIT Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Research analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Applied Industrial Technologies in a report issued on Wednesday, February 19th. Zacks Research analyst S. Roy now anticipates that the industrial products company will post earnings per share of $2.40 for the quarter, down from their previous estimate of $2.48. The consensus estimate for Applied Industrial Technologies' current full-year earnings is $9.90 per share. Zacks Research also issued estimates for Applied Industrial Technologies' FY2025 earnings at $9.86 EPS, Q1 2026 earnings at $2.46 EPS, Q3 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.85 EPS, FY2026 earnings at $10.62 EPS, Q1 2027 earnings at $2.69 EPS, Q2 2027 earnings at $2.72 EPS and FY2027 earnings at $11.43 EPS.

Applied Industrial Technologies (NYSE:AIT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.21 by $0.18. Applied Industrial Technologies had a net margin of 8.62% and a return on equity of 22.37%.

A number of other research analysts have also recently issued reports on the company. StockNews.com cut Applied Industrial Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd. Raymond James reaffirmed an "outperform" rating and issued a $265.00 price target (up previously from $250.00) on shares of Applied Industrial Technologies in a research report on Thursday, January 30th. Loop Capital increased their price objective on shares of Applied Industrial Technologies from $230.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Oppenheimer lifted their target price on shares of Applied Industrial Technologies from $260.00 to $305.00 and gave the stock an "outperform" rating in a report on Thursday, November 14th. Finally, KeyCorp upped their target price on shares of Applied Industrial Technologies from $275.00 to $325.00 and gave the stock an "overweight" rating in a research note on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $291.43.

Applied Industrial Technologies Stock Up 0.9 %

Shares of AIT traded up $2.22 during mid-day trading on Friday, reaching $247.72. The company had a trading volume of 270,323 shares, compared to its average volume of 308,101. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.55 and a current ratio of 3.76. The company has a market capitalization of $9.51 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 3.14 and a beta of 1.08. The firm has a 50-day moving average price of $253.49 and a 200 day moving average price of $240.19. Applied Industrial Technologies has a 52 week low of $177.68 and a 52 week high of $282.98.

Hedge Funds Weigh In On Applied Industrial Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in AIT. Baird Financial Group Inc. grew its position in shares of Applied Industrial Technologies by 2.5% during the 4th quarter. Baird Financial Group Inc. now owns 1,588 shares of the industrial products company's stock valued at $380,000 after acquiring an additional 39 shares during the period. Arizona State Retirement System grew its holdings in Applied Industrial Technologies by 0.4% during the fourth quarter. Arizona State Retirement System now owns 11,156 shares of the industrial products company's stock valued at $2,672,000 after purchasing an additional 40 shares during the period. Parkside Financial Bank & Trust increased its position in Applied Industrial Technologies by 25.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 203 shares of the industrial products company's stock worth $49,000 after buying an additional 41 shares in the last quarter. OneAscent Financial Services LLC raised its stake in shares of Applied Industrial Technologies by 4.1% in the fourth quarter. OneAscent Financial Services LLC now owns 1,038 shares of the industrial products company's stock worth $249,000 after buying an additional 41 shares during the period. Finally, GHP Investment Advisors Inc. raised its stake in shares of Applied Industrial Technologies by 3.9% in the third quarter. GHP Investment Advisors Inc. now owns 1,143 shares of the industrial products company's stock worth $255,000 after buying an additional 43 shares during the period. Hedge funds and other institutional investors own 93.52% of the company's stock.

Insider Transactions at Applied Industrial Technologies

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

Applied Industrial Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Applied Industrial Technologies's previous quarterly dividend of $0.37. Applied Industrial Technologies's dividend payout ratio (DPR) is presently 18.64%.

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.