Zacks Research Issues Positive Estimate for AIT Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Equities researchers at Zacks Research lifted their Q2 2025 EPS estimates for Applied Industrial Technologies in a research note issued to investors on Monday, December 9th. Zacks Research analyst S. Roy now anticipates that the industrial products company will post earnings of $2.19 per share for the quarter, up from their prior forecast of $2.18. 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 $9.73 EPS, Q4 2026 earnings at $2.83 EPS and FY2027 earnings at $11.29 EPS.

Applied Industrial Technologies (NYSE:AIT - Get Free Report) last issued its earnings results on Thursday, October 24th. The industrial products company reported $2.36 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the business earned $2.39 EPS. The firm's revenue was up .3% on a year-over-year basis.

AIT has been the topic of a number of other reports. StockNews.com upgraded Applied Industrial Technologies from a "hold" rating to a "buy" rating in a research report on Tuesday, October 22nd. Mizuho initiated coverage on shares of Applied Industrial Technologies in a report on Tuesday, October 22nd. They issued an "outperform" rating and a $285.00 target price on the stock. Raymond James lifted their price target 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. Loop Capital boosted their price target 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. Finally, Oppenheimer raised their price objective 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. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $285.71.

Applied Industrial Technologies Price Performance

Shares of AIT stock traded down $2.14 during trading hours on Thursday, hitting $268.50. The company had a trading volume of 121,729 shares, compared to its average volume of 283,289. Applied Industrial Technologies has a 12 month low of $163.50 and a 12 month high of $282.98. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.74 and a current ratio of 3.78. The firm's fifty day moving average is $251.33 and its 200 day moving average is $218.15. The firm has a market capitalization of $10.32 billion, a price-to-earnings ratio of 27.62, a PEG ratio of 3.76 and a beta of 1.05.

Applied Industrial Technologies Announces Dividend

The business also recently announced 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. The ex-dividend date was Friday, November 15th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.55%. Applied Industrial Technologies's payout ratio is 15.10%.

Insider Activity

In related news, VP Warren E. Hoffner III sold 4,000 shares of Applied Industrial Technologies stock in a transaction dated 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 sale, the vice president now directly owns 55,709 shares in the company, valued at $15,689,882.76. This trade represents 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 firm's stock in a transaction dated 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 transaction, the director now directly owns 3,462 shares in the company, valued at $952,326.96. This trade represents a 38.86 % decrease in their position. The disclosure for this sale can be found here. 1.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new position in Applied Industrial Technologies during the second quarter valued at approximately $26,000. V Square Quantitative Management LLC bought a new position in shares of Applied Industrial Technologies during the third quarter worth $34,000. First Horizon Advisors Inc. grew its holdings in shares of Applied Industrial Technologies by 106.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 171 shares of the industrial products company's stock valued at $38,000 after buying an additional 88 shares during the period. Quarry LP acquired a new position in shares of Applied Industrial Technologies in the 2nd quarter valued at $39,000. Finally, UMB Bank n.a. increased its position in shares of Applied Industrial Technologies by 68.1% in the 3rd quarter. UMB Bank n.a. now owns 190 shares of the industrial products company's stock valued at $42,000 after buying an additional 77 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors.

Applied Industrial Technologies Company Profile

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.