Zacks Research Issues Pessimistic Forecast for AIT Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for Applied Industrial Technologies in a research note issued on Thursday, November 14th. Zacks Research analyst S. Roy now forecasts that the industrial products company will post earnings of $2.18 per share for the quarter, down from their prior estimate of $2.25. 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' Q3 2025 earnings at $2.49 EPS, FY2025 earnings at $9.72 EPS, Q4 2026 earnings at $2.82 EPS and FY2027 earnings at $11.26 EPS.

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

A number of other research firms also recently issued reports on AIT. Raymond James boosted their target price on shares of Applied Industrial Technologies from $225.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, October 25th. Mizuho initiated coverage on Applied Industrial Technologies in a research report on Tuesday, October 22nd. They set an "outperform" rating and a $285.00 target price on the stock. Loop Capital raised their price objective on shares of Applied Industrial Technologies from $230.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, October 28th. Robert W. Baird lifted their price objective on shares of Applied Industrial Technologies from $210.00 to $250.00 and gave the stock an "outperform" rating in a report on Wednesday, October 16th. Finally, StockNews.com raised Applied Industrial Technologies from a "hold" rating to a "buy" rating in a report on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $267.86.

Applied Industrial Technologies Price Performance

Shares of NYSE AIT traded up $0.66 during trading on Monday, reaching $267.40. The company had a trading volume of 194,592 shares, compared to its average volume of 286,220. The stock has a 50-day moving average price of $230.16 and a two-hundred day moving average price of $208.43. The company has a current ratio of 3.78, a quick ratio of 2.74 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $10.28 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 3.66 and a beta of 1.03. Applied Industrial Technologies has a twelve month low of $155.47 and a twelve month high of $276.97.

Institutional Investors Weigh In On Applied Industrial Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. GHP Investment Advisors Inc. boosted its holdings in shares of Applied Industrial Technologies by 3.9% during the third quarter. GHP Investment Advisors Inc. now owns 1,143 shares of the industrial products company's stock worth $255,000 after purchasing an additional 43 shares during the period. QRG Capital Management Inc. raised its holdings in Applied Industrial Technologies by 0.9% in the 2nd quarter. QRG Capital Management Inc. now owns 6,462 shares of the industrial products company's stock worth $1,254,000 after acquiring an additional 55 shares during the last quarter. Miller Howard Investments Inc. NY raised its position in Applied Industrial Technologies by 2.4% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 2,300 shares of the industrial products company's stock worth $446,000 after buying an additional 55 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Applied Industrial Technologies by 0.4% in the second quarter. Nisa Investment Advisors LLC now owns 17,394 shares of the industrial products company's stock worth $3,374,000 after purchasing an additional 61 shares during the last quarter. Finally, Dana Investment Advisors Inc. increased its position in Applied Industrial Technologies by 0.7% during the second quarter. Dana Investment Advisors Inc. now owns 9,939 shares of the industrial products company's stock valued at $1,928,000 after acquiring an additional 65 shares during the last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Applied Industrial Technologies

In other news, VP Kurt W. Loring sold 4,858 shares of the firm's stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $203.10, for a total value of $986,659.80. Following the completion of the transaction, the vice president now directly owns 19,315 shares in the company, valued at approximately $3,922,876.50. This trade represents a 20.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.67% of the stock is owned by insiders.

Applied Industrial Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 0.55%. The ex-dividend date is 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.